Wall Street Provider Launches FX Smart Order Router

New York-based Lucera says its smart order router can help raise foreign exchange liquidity

New York-based Lucera Financial Infrastructures has launched LumeFX, a technology platform designed to help market participants increase their chances of being filled by using a smart order router to find FX liquidity.

“Finding solid liquidity is not a trivial task,” said Peter Durkan, Chief Trade Officer at Lucera. “The FX liquidity supply works on a ‘last look’ basis, and the …

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