LMS for a hybrid auction platform

PARIS, FRANCE: Kepler Capital Markets has selected smartTrade's Liquidity Management System (LMS) to handle their hybrid auction platform for inflation products.

Kepler Capital Markets is offering an electronic platform to support the auction system, for both regularly scheduled and on-demand auctions. Moreover, users are provided with a custom interface developed from the ground using smartTrade's HTML5 development framework, as an announcement added.

Joseph Cusanno, Head of Fixed Income IDB at Kepler Capital Markets, said "We had very positive feedback from smartTrade's LMS in place for equities crossing at Kepler Cheuvreux, which left us in no doubt that smartTrade could deliver this electronic auction platform quickly. smartTrade supports the multi-class flexibility to the platform and allows us to create innovative auction protocols ourselves. This module is an important addition to our services and smartTrade integrates seamlessly into our execution platform."