Linedata Services, the French investment software company, working in partnership with FX Alliance, the US-based foreign exchange portal, has rolled out a new online trading platform service.

The package gives clients of Linedata Services' LongView Trading Order Management System access to the FX Alliance suite through a dedicated connection.

This web-based suite provides trading and settlement tools and gives LongView's clients access to the confidential trading environment of FX Alliance. It eliminates manual errors and helps users to comply with European Union market rules such as MiFID by providing a full audit trail of the FX deal lifecycle.

"With ever-increasing foreign exchange trade volumes, this partnership reinforces Linedata Services' commitment to meeting clients' demands for increased liquidity and improved controls in a volatile market," said Dan Pagano, vice president of strategic alliances for Linedata Services in North America.  "LongView Trading clients will achieve higher STP rates at a lower cost with the ability to actively manage settlement risk, which is a win-win scenario for our customers."

FX Alliance provides trading solution for foreign currency trade execution and straight-through processing for the entire transaction lifecycle. Utilizing a high-performance network that is integrated with over 60 of the world's leading foreign exchange banks, FX offers the deepest source of liquidity in the market.