Quasar eFX includes an FX pricing and rate engine, FX rule-based decision and autotrading system, White-labelling single bank portal, FX order management and FX Liquidity management including aggregation, autohedge and algorithmic execution.

“Trading generally is a highly competitive environment and foreign exchange specifically even more so. We can see that in order to be successful we need to automate the trading processes where possible and our objective is to service our customers better with faster responses to their RFQs and even more competitive prices” Says Mikko Räsänen, Head of Foreign Exchange and Money Markets at Pohjola.

“Partnering with Aphelion and implementing Quasar will open up new possibilities to the bank/for Pohjola and enables us to compete with the top Nordic banks. We will start by servicing our clients on the multibank portals FXall and 360T but we are looking to add more multibank portals as well as our own single bank portal.” Says Jarmo Koukonen, Head of FX and MM, Sales and Trading at Pohjola.

“We are very pleased to have been selected by Pohjola and looking forward to working with them in providing their new FX environment,” said Peter Jörgne, CEO at Aphelion.

For further informationEnquires should be made to Peter Jörgne +46–734-399040 (Aphelion) or Jarmo Koukonen +358–10-2524296 (Pohjola)

See press release in full »

This will create a new delivery channel for and decrease time-to-market for our customers.

Aphelion now joins the already large group of over 60 leading FX providers including 360T, Citi, Currenex, FXall and Hotspot FX, on the BT’s secure networked financial community.

See press release in full »

“The results of the implementation have exceeded our, already, quite ambitious expectations,” says Madeleine Persson, Head of FX/FI Business Enabling.
At Swedbank we have an expansive strategy, especially within FX and with Quasar´s low-latency platform we have been able to increase autopricing to more currency pairs and tenors and to larger amounts. We are currently autoquoting more than 100 currency pairs. Our eFX flows are now several multiples higher than six months ago. We find the Quasar platform to be exceptionally versatile and configurable.

Quasar Auto Trader offers significant advancements in automatic real-time pricing and order handling. The result is increased performance with more effective handling of higher volumes. Extensive modeling of pricing and advanced autotrading rules reduces risk and improve profits.

Quasar architecture supports unlimited modularity with connectivity to any channel for efficient straight-through processing. Quasar’s distributed trading architecture is scalable for linear growth.

Current
Multibank connectivity: FXall, Currenex, RTFX, 360T and Bloomberg
Liquidity provider connectivity: Deutsche Bank, ICAP / EBS, Currenex and Goldman Sachs

Mr. Diasparra brings with him an extensive background in business development and management of companies ranging from technology startups to CIO / CTO positions for global firms including Fidelity Investments, ING Barings and ABN AMRO. He has a proven track record of managing the development and deployment of leading edge technologies within the financial services sector.

“I’m very excited to join Aphelion as I have known and worked with their founders over the course of the past decade. Their expertise in FX trading is exceptional. It gives me great pride to join their team and bring the most powerful FX autotrading software into the North American market.“
– says Mr. Diasparra

“We are delighted to have Frank join our team in this very key role as we launch in North America.” — says Peter Jörgne, the CEO of Aphelion. “Naturally North America is a key market for us and it’s the natural step to take when we establish ourselves outside Europe.”

Traders handle their own portal in the same way as other external channels. Chosen clients can be connected to yourown white-label portal.