About Currenex Portal

Capital Forex Pro offers Currenex to provide a seamless and anonymous pricing conduit from multiple liquidity providers and buy-side participants to our clients

Trading

Capital Forex Pro utilizes the Currenex front end to provide access to live streaming executable prices for instant execution. In continuing to progress Currenex's technological lead in the industry, their latest version offers users more choices and greater flexibility in order to facilitate faster and more efficient trades. Among the highlights are true one-click ESP (Executable Streaming Prices) and rapid 2-way RFS (Request for Stream) trading. Currenex have implemented a more direct and efficient trade execution topology resulting in less latency than any other portal, based on an emphasis towards greater flexibility. All users are able to build a custom screen that displays only the information they need to effectively trade the FX markets. Clients will have access to all the largest FX banks active in the market place. There is in excess of 50 streaming currency pairs.

Enhanced RFS (Request for Stream): Users can request prices in a predefined amount from multiple banks by clicking on the Request for Stream quick trade button. ( The Request for Stream quick trade button is optionally included in the ESP™ front end for rapid 2-way execution and can be enabled via the prefrences menu.) Executable prices are presented for user to select by clicking on desired counterparty price OR by using 'Accept Selected Quote' button to hit best price available.

A credit limit function allows individual users to view credit remaining with a bar changing colour to alert users as credit limits are approached. Full back office functionality is provided by an additional login to our portfolio and risk management software which is fully integrated into the trading platform.

Orders

The Currenex platform includes flexible, automated order functionality with its electronic streaming prices. Automating the order process improves trading efficiency and accuracy by eliminating errors, saving time and streamlining the confirmation process. Placing orders via the platform enables complete trading records to be maintained electronically with Capital Forex Pro’s portfolio and risk management software for ease of reporting and monitoring.

Users have the ability to leave bids, offers and stop-loss orders in the ESP order book. Screen users can easily view the status of multiple orders in the various stages of execution, as well as modify working orders with simple "slide" functionality that quickly changes levels.

Currenex offers full order functionality as follows - stop limit orders, if done orders and OCO orders. For larger orders there is also hidden and iceberg functionality which allows the trader to place orders without alerting the marketplace. An iceberg order will allow the trader to specify exactly how much of it is visible whereas with a hidden order, whilst the order is still in the market, no part of it will be displayed to any other market participant. There is also a trade ticker which allows traders to see the last traded side in all currency pairs. i.e. The market price is 42-43 and a client sells at 42. The ticker will show "42 given". Conversely if the client had bought at 43 the ticker will show "43 paid".

Technology

Currenex’s technological leadership supports the continual development of innovative, client-focused solutions that meet your trading requirements.

The system is exclusively created by Currenex using state-of-the-art systems and software to ensure that clients enjoy an efficient, reliable and secure internet based service for executing FX transactions. There are no third party providers and consultants ensuring that programmers and project teams can respond to development and system issues in real time.

API Connectivity

Capital Forex Pro allows direct integration with Currenex to allow efficient automated trading. Access can be provided through the following protocols:

Twist, drives initiatives to ensure interoperability and standards between corporate treasury operations and their banks, enabling efficient and controlled integration of treasury solutions within financial marketplaces.
Fix, Currenex is the only multi-bank trading platform to have established a FIX gateway (using the FIX 4.2 protocol) to provide flexible connectivity options and simplified, low cost integration to its service.

Clients using custom-designed automated pricing engines, order-routing and management systems, program trading systems and off-the-shelf modelling software can integrate these proprietary systems directly with the API service.