NAB Deploys Fluent Trade Technologies
Posted by Colin Lambert. Last updated: September 6, 2021
National Australia Bank has rolled out Fluent Trade Technologies across its global FX business to deliver an ultra-low latency, multi-asset trading platform to its customers.
“Data drives every decision within the e-trading environment and we’re delighted to provide NAB with the technology to better support its e-FX trading business,” says David Faulkner, managing director at Fluent Trade Technologies. “NAB and Fluent are aligned in the belief that high performance, ultra-low latency technology empowers smarter decisions in respect of price discovery, creation and distribution.
“Fluent’s clients can realise this across the value chain, achieving a dramatic impact on certainty of trading execution, acceptance rates, volumes, profitability and client satisfaction,” he adds.
Mark McCall, head of electronic trading, NAB Markets says its project with Fluent had enabled the bank to extend its market access, improve response times and increase fill ratios significantly. “We’re committed to providing our customers with quality electronic FX services to facilitate the management of their financial exposures, while also enhancing our position as a leading liquidity provider in our core currency pairs,” he adds. “Fluent has enabled NAB to price clients more accurately, while also allowing us to price a wider range of clients, to connect to more venues and to extend our range of trading services.”