OEMS provider BidFX has upgraded its mobile app to meet what it says is growing demand from market participants to securely manage and trade their spot FX, forward and NDF positions when working remotely.
The latest version of the app enables traders to track and amend orders originally entered into office desktop computers via their mobile phones. Other new features include standard tenors and broken dates, the ability to create and amend stop orders, and the capability to change limit orders so remote traders can keep up to speed on how close they are to executing a trade.
“This unprecedented health crisis is splitting office and remote working,” says Alan Dweck, chief operating officer at BidFX. “As some of the world’s largest financial institutions adjust their working practices to fit this new environment, it is imperative FX technology keeps apace. This latest version of our app provides traders with the full desktop FX trading experience directly from their mobile.”
Marko Stanojevic, vice president of NDF trading at Dax Partners adds, “The ability to work orders on the go is an invaluable tool to our traders through these unprecedented times.”