About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

CMC Markets Adopts SmartTrade’s LiquidityFX Managed Service

Subscribe to our newsletter

CMC Markets, a provider of spread betting, foreign exchange and contracts for difference trading, has selected smartTrade Technologies’ LiquidityFX trading solution for FX and precious metals on the basis of its no brokerage fee model, delivery as a cloud-based managed service and collocation with liquidity providers across Equinix data centres in New York, Tokyo and London.

The broker used smartTrade’s trading front-end and open application programming interfaces to be up and running with LiquidityFX in weeks, and is using the software to support aggregation and order routing. Greg Niebank, group head of products at CMC Markets, says: “We are seeing seen tighter spreads and improved fill ratios thanks to the no brokerage fee model offered by smartTrade. We are also seeing the benefits of being cross-connected to our liquidity providers. The smartTrade solution has also simplified our infrastructure, allowing us to respond to changes in the market environment more quickly.”

David Vincent, CEO at smartTrade Technologies, adds: “Using LiquidityFX, CMC Markets will have enhanced hit ratios and reduced execution latency leading to additional revenue and profitability. CMC Markets has chosen a low risk soution as the software is tried, tested and in production in many FX trading organisations. The company has also entrusted smartTrade to provide and run the complete solution as a service for a low predictable cost, allowing it to concentrate on running its business.”

CMC Markets is one of many Tier 1 and Tier 2 banks, brokers and dealers using LiquidityFX, which has a modular structure that allows users to cover specific initial requirements and later extend use of the software to cover additional functionality and capacity.

Building on this structure, Vincent describes smartTrade’s roadmap for LiquidityFX, saying: “Our roadmap is very rich and tied to the industry. For instance, we are currently adding specific reports for regulatory purposes that will provide greater transparency around transaction cost analysis and market impact analysis. We are also bringing a more sophisticated execution methodology to the platform as FX trading is becoming more mature. An interesting trend we are seeing is the need to bring fixed income and FX solutions together. With this in mind, we are working with clients in the fixed income space to develop LiquidityFX to support swap execution facilities aggregation and meet fixed income market requirements.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Date: 17 September 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening...

BLOG

TNS Unifies Financial Markets Business Under Waypoint Brand

Two months after completing its acquisition of BT’s Radianz business, Transaction Network Services (TNS) has launched Waypoint Trading Solutions, a unified brand encompassing connectivity, low-latency trading infrastructure and managed market data operations. Waypoint Trading Solutions officially launched on 8th April, bringing together TNS’s existing financial markets capabilities with the Radianz extranet business it acquired from...

EVENT

RepRisk Sustainability Breakfast Roundtable London

The London sustainability breakfast is part of the global roundtable thought leadership event series hosted by RepRisk in key markets, including, New York, Toronto, London, Frankfurt, Oslo, Copenhagen, Stockholm, Hong Kong and Singapore in 2026.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...