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Tradeview Forex (www.tradeviewforex.com), an online foreign currency trading (forex) division of Rosenthal Collins Group, today announced the successful launch of straight-through processing (STP) to optimize the speed and efficiency of its transactions. The utilization of STP will provide hedge funds, institutions, money managers and private clients with an abbreviated processing cycle and access to the liquidity of a global market.
Recognizing the necessity to facilitate a real-time architecture in order to meet the global demand resulting from the significant growth of online trading, Tradeview Forex has chosen to automate its systems using a straight-through processing framework to realize a real-time operating environment as well as reduce the time, cost and associated errors of manual intervention.
The move enables the entire trade process to be conducted electronically without the need for re-keying or manual intervention, making Tradeview Forex one of the earliest adopters of this all-digital system to connect the popular Metatrader 4 online trading platform directly to the forex market.
The introduction of an all-electronic flow of information will allow Tradeview Forex to be more nimble, providing better execution for its clients.