Published: June 07, 2010
Gaitame.com Chooses Integral As Its Global FX Liquidity Aggregation Platform
TOKYO & MOUNTAIN VIEW, Calif. - (BUSINESS WIRE) - Integral Development Corporation (www.integral.com),
a leading provider of FX trading solutions and services, and Gaitame.com
Co. Ltd. (www.gaitame.com),
Japan's largest retail FX broker, today announced that they rolled out
the broker's new global FX liquidity aggregation platform. The platform
provided by Integral allows Gaitame to strengthen its risk management
operations, optimize its cost structure, and increase its flexibility in
the market. Gaitame will be able to deliver improved service levels and
execution performance. Gaitame has been named the #1 Japanese broker for
number of accounts and custody assets five years running.
Using Integral's technology, Gaitame.com has control of its very
sophisticated distributed FX liquidity aggregation system. Gaitame.com
is able to very quickly add new providers and adjust the current
composition. Gaitame.com has already achieved an extremely high
execution fill rate by leveraging Integral's latest innovations in
co-location and low-latency technologies. All services are delivered on
demand, a method that requires no capital or IT investment and offers a
rapid deployment cycle.
"In deploying Integral's technology and market expertise, Gaitame.com
was able to achieve significant improvements in both operational
efficiencies and trade execution that will allow us to serve our
customers even better going forward," said Tsuyoshi Ueda, Corporate
Officer Treasury Department and Senior Vice President, Gaitame.com.
"Integral helped us optimize every component of our FX liquidity
aggregation, while ensuring that there is additional flexibility for us
to easily adjust elements as we grow the business."
Built upon FX Grid, the FX aggregation system combines the liquidity
from more than 10 banks and direct STP integration with prime brokers
and trust banks. FX Grid is Integral's global inter-institutional
connectivity and trading network, linking market making banks and
liquidity providers to financial institutions.
"We are very excited about partnering with Gaitame.com and helping them
execute on their aggressive expansion plans," said Harpal Sandhu, CEO,
Integral Development Corp. "After a very short ramp up period,
Gaitame.com has achieved greater operational efficiency and greater
independence from their liquidity providers and prime brokers. We are
very proud to support their continued expansion and great gains in
operational execution."
FX Inside Professional aggregates and organizes prices from
Gaitame.com's liquidity providers on a single interface. Large order
execution is greatly enhanced through the use of built-in algorithmic
trading models in the system. Gaitame.com has also deployed FX Inside
API , a set of application programming interfaces for accessing and
delivering liquidity from FX Grid directly to its retail trading
systems. Gaitame.com's liquidity is provided by leading international
financial institutions including Bank of America, Barclay's, Citi,
Deutsche Bank, Goldman Sachs, HSBC, JP Morgan Chase, Morgan Stanley,
Nomura, and RBS.
About Integral
Integral develops and operates FX Grid, a global Multi-sided Trading
Facility (MTF) connecting active market participants with all major
sources of FX liquidity. Together with FX Inside, its real-time
Execution Management System (EMS), Integral's products represent the
intersection of direct market access and algorithmic trading in the
foreign exchange markets. Founded in 1993, Integral maintains
development, support, and sales offices in Silicon Valley, Chicago, New
York, London, Hong Kong, Tokyo, Singapore and Bangalore. Investors
include Accel Partners, Adams Street Partners, Hudson Ventures, Ignite
Group, Mizuho Capital and Mitsubishi UFJ Capital. For more information,
visit www.integral.com.
About Gaitame.com
Gaitame.com Co., Ltd. (www.gaitame.com)
is the leading foreign exchange retail broker in Japan and offers
individual investors FX margin trading as well. The company is also an
application service provider (ASP) offering a foreign exchange trading
system for financial institutions. Established in 2002, Gaitame.com has
its headquarters and main data center in Tokyo and a branch office in
Okinawa.

Integral Development Corp.
Matthias Beckmann, 650-919-1048
matthias.beckmann@integral.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News