Exclusive: New FX broker revolutionizes prime brokerage with inverse liquidity and reverse feeds

Today, the traditional prime brokerage and liquidity provision sector has been completely turned on its head with the revolutionary launch of a reverse liquidity aggregation system by newly established Outer Mongolian technology and Tier 3 liquidity provider Absoluta Nugarum. From its offices in the Mongolian capital city of Ulan Bataar, Absoluta Nugarum has developed a new […]

New FX brokerage revolutionizes prime brokerage with inverse liquidity and reverse feeds

Today, the traditional prime brokerage and liquidity provision sector has been completely turned on its head with the revolutionary launch of a reverse liquidity aggregation system by newly established Outer Mongolian technology and Tier 3 liquidity provider Absoluta Nugarum.

From its offices in the Mongolian capital city of Ulan Bataar, Absoluta Nugarum has developed a new type of liquidity feed which takes FX market liquidity from top tier banks across the interbank FX sector in prominent jurisdictions and then reverses the feed in order to connect inverse liquidity, a totally new method of distributing multi-feed, static liquidity to a high latency retail trading platform.

Increasing latency by means of inverting liquidity via a 10 bit 2 bayonet connector is a key feature of the new system, which is aimed at increasing transaction times for retail FX trades from 60 milliseconds to 700 seconds per transaction is a major step backward for the institutional technology sector, an achievement about which Absoluta Nugarum is very proud indeed.

Speaking exclusively to FinanceFeeds at the Ulan Bataar forum for technological advancement in financial services, Mr. Non Credebant, CEO of Absoluta Nugarum explained

“We believed that the highly advanced technology being used within many prime brokerage systems today needed disrupting, and that the low latency technology which is now in place is currently too sophisticated and the industry needs to take a step back, hence our inverse liquidity solution.”

“In terms of connectivity, we realize that 10 bit 2 connectors have not been available since they were superceded by CAT 5 ethernet in 2000, but the depreciation that has resulted from this means that institutional firms can save a fortune on their hardware installations by picking them up for 50 cents a piece on eBay” he concluded.

….And if you believe any of this, check this out.

 

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