RMB Goes Live With TraderTools' FX Trading Platform

NEW YORK, May 22, 2012 /PRNewswire/ -- TraderTools Inc. (TraderTools), which provides the only complete, integrated FX trading platform available on the market, announced today that Rand Merchant Bank, one of the leading investment banks in South Africa, has selected TraderTools' Liquidity Management Platform™ as the foundation for its FX trading desk.

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Says CJ Giddy, Head of the Fixed Income, Currency and Commodities (FICC) operations at RMB: "The addition of TraderTools to RMB's FX trading capability both enhances our competitiveness in the market and the value we create for our clients."

TraderTools' FX trading platform will provide Rand Merchant Bank's clients with the latest FX pricing and aggregation technology, enabling superior algo-trading and auto-hedging capabilities.

Says Mark Mayerfeld, executive VP, International Sales at TraderTools: "We're strongly grounded in the financial services industry, but we also push technology to its limits in order to provide our customers with the most profitable FX trading platform available."

About Rand Merchant Bank
Rand Merchant Bank is the investment banking arm of FirstRand, one of South Africa's largest listed financial services groups and has a considerable underwriting capacity due to its ability to trade off the FirstRand Group balance sheet.

It is active in fixed income, currency and commodities trading, debt capital markets, structured, corporate and infrastructure finance, mining and natural resources, and selected international activities.

Rand Merchant Bank is an Authorised Financial Services Provider.

About TraderTools
TraderTools Inc. delivers the only complete, integrated, FX trading platform available on the market. Banks and brokerages use the TraderTools platform to increase FX revenues, reduce FX costs, improve FX spreads and access vital information to help run their FX businesses more efficiently and effectively.

FX desks traditionally deploy an assortment of vertical tools, developed internally or externally by different vendors. TraderTools replaces these disparate products with a single innovative platform that addresses the 4 most pressing FX challenges: an FX pricing engine, FX liquidity aggregation, global FX order management and FX white-labelling. It is an end-to-end solution designed to work seamlessly across all components and provide unparalleled visibility into the entire FX workflow. The result is an optimized FX Liquidity Management Platform™ – with advanced capabilities, like algorithmic FX trading and FX auto-hedging – designed to generate profits.

The TraderTools FX trading platform is the product of more than a decade's worth of experience with some of the world's largest financial institutions.

TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and the tagline "The eFXperts" are trademarks of TraderTools Inc.

SOURCE TraderTools Inc.