NexTrade To Provide Technology Platform For Forex

VENDOR BRIEFING

NexTrade, the Clearwater, Florida-based ECN has struck a deal with Valhalla Forex to form a spot foreign exchange trading platform, Matchbox. The new system enables users to open an account with MatchbookFX and trade orders through a central order book. Bids and asks are entered anonymously.

NexTrade is supplying the technology for the platform and cautioned against a published report that the ECN was dealing in foreign exchange.

"We're using ECN based technology for a highly developed matching

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