BidFX Launches Flagship Desktop FX Trading App on OpenFin

BidFX, a provider of electronic foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) trading solutions, has recently launched its flagship desktop Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term application on OpenFin, an operating system for the financial industry.

The launch of the application marks a significant expansion to its product offering. According to the company’s statement on Thursday, the desktop-installed web application supports the layout of window-based components that interoperate across a trader’s multi-screen workstation.

Commenting on the launch, Jean-Philippe Malé, the CEO of BidFX, said in the statement: "The latest web and cloud technology offers improved flexibility over traditional fat-client applications when developing world-class user interfaces, resulting in faster time to market for new features. Alongside this, the market is now asking for that extra layer of development and functional maturity that continues to build confidence in trading over the cloud.

“BidFX’s history and vision is built upon being a leader in technological advancements in the FX electronic trading world. Building on OpenFin enables us to continue to invest in creating a rich multi-window FX trading experience that combines the best attributes of the desktop and web applications.”

BidFX, which is owned by the Singapore Exchange (SGX), selected OpenFin to deliver its application to address its institutional trader’s concerns over cloud adoption, web browser compatibility and internet security, the company said in its statement.

BidFX Selects OpenFin to Address Trader’s Concerns

“Having a digital desktop strategy has become increasingly important in supporting remote working practices, especially as many traders have moved from six screens to two or three,” added Adam Toms, European CEO of OpenFin in the statement.

“More than ever, they need to be able to link applications seamlessly across multi-screen workstations and have access to the right workflow tools while minimizing the screen real estate they consume. We are delighted to welcome BidFX to our ecosystem of users and look forward to our collaboration.”