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Equiti Capital signs a partnership agreement with Lucera

Equiti Capital signs a partnership agreement with Lucera

1 Apr 2021

1 April 2021 – London – Equiti Capital, a subsidiary of Equiti Group, has deployed Lucera LumeFX’s technology, an industry-leading FX aggregator known for its low latency execution and expansive connectivity to the FX market.

Benedict Sears, Head of Equiti Capital’s FX Desk, said: “We are very pleased to have partnered with Lucera to expand the technology we use to distribute liquidity to clients. As a desk the high fill rates and aggressive pricing we provide to our electronic clients is paramount, the low latency of the co-located infrastructure provided by Lucera, coupled with the excellent liquidity management tools and analytics, helps us to this end.

“Lucera’s LumeFX platform allows Equiti to provide customisable liquidity streams to every client, aiding the matching of client interests to reduce market impact, while monitoring risks, including pre-trade credit checks, to ensure business continuity even in volatility spikes without compromising our dynamic risk management.”

Frank van Zegveld, MD of Business Development and Sales at Lucera, said: "We're very pleased with our partnership with Equiti Capital.  Lucera's LumeFX platform gives Equiti a new level of control of their FX operation, enabling Equiti Capital to dynamically manage every facet of how their clients interact and run their FX business with access to best-in-class FX technology.

Leveraging Lucera’s services will allow Equiti Capital to open the door to new markets without having to own or operate any infrastructure, clearing the way for Equiti Capital to focus on its core competencies.

LumeFX can be deployed in NY4, LD4, TY3, FR2 and SG1, providing best-in-class aggregation technology and connectivity. It is used by banks and non-banks alike around the world, with its state-of-the-art smart order router (SOR), and allows for flexible control over liquidity pools, price aggregation, distribution, and order routing, while responding to pre-set risk limits automatically.