Currenex Offers Staged Order Management
 March 9, 2006 - LONDON – Currenex has strengthened its status as the leader in security through technology with a new risk control feature. Staged Order Management is in direct response to customer demand for a large block trading tool.
Staged Order Management, Currenex’s block trading tool, is an order management system for clients who require advanced controls to enhance operational risk management. Order staging creates separate and independent roles whereby a Submitter has the ability to upload Staged Orders to the Currenex platform for execution by a Trader who can work and execute a trading order in a controlled manner.
All activity on Currenex platforms is controlled through strict authentication and authorization procedures. Currenex provides several levels of permissions to achieve separation and ensure strong, auditable Straight through Processing (STP) from front office to back office reporting and confirmation. Staged Order Management is an optional feature that further strengthens a client’s security when staging block trades.
About Currenex
Currenex®, Inc. is the leading technology provider of foreign exchange Spot, Forward, and Swaps trading solutions for global financial institutions, funds, corporations, banks and other market participants. Offering Executable Streaming Prices (ESP™), Request For Streams (RFS), Benchmark Trading, Algorithmic Trading, and complete Prime Brokerage functionality with fully integrated Straight Through Processing (STP), Currenex connects more than 60 global banks to a superior electronic trading network, making Currenex one of the deepest liquidity pools in Forex. Accessed through a global electronic communications network, Currenex patented technology is also available to users in privately-branded solutions. Additional information can be found at www.currenex.com.
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