BidFX, the leading cloud-based provider of electronic foreign exchange (FX) trading solutions, announced the launch of a major upgrade to its mobile app to meet growing demand among hedge funds and asset managers to securely manage and trade their spot FX, forward and NDF positions anywhere in the world, at any time.
Via global SAAS technology, mobile app users will be able to access BidFX’s trading functionality to watch the market and manage their orders in real-time. Seamless integration across desktop and mobile devices, combined with an unrivaled security framework, will enable traders to access the FX trading platform on the go confidently.
Jean-Philippe Male, Chief Executive Officer at BidFX, said: “The FX market is constantly evolving to keep apace with new, disruptive technologies. And from being a taboo subject as little as five years ago, mobile currency trading has come a long way as the need to trade on the go via a secure access point has evolved from a nice-to-have into a necessity.”
“Whilst there are other FX trading apps on the market, nobody is currently offering mobile access that has undergone – and passed – security testing and controls of this standard. In an industry undergoing such significant change, trust is fast becoming the currency, and the importance of security cannot be understated,” he added.
Stephane Leclerc, COO Monaco and Counterparty Relationship Manager at H2O Asset Management, commented “H2O AM, as a leading boutique asset manager, prides itself on the ability to take decisions quickly and efficiently on behalf of our clients. With the BidFX Mobile App running in conjuntion with their Desktop App we can now ensure enhanced coverage across the FX markets which will further enhance our clients liquidity in the market.”
The BidFX mobile app is available to download now for iPhone, with access for Android to follow later in the year.