**If you are looking for competitive liquidity and smooth execution, read this!**

[AlpFin](https://www.linkedin.com/company/alp-financial/mycompany/) is currently investing significantly in reaching customers trading NDFs in Africa and South America. We believe that these regions are going to be more and more interested by a wave of adoption of EFX technologies as they approach electronic trading, and we are eager to support them with the aim of unleashing their potential. - **We would like to have your take on the transformative impact of** **MiFID II and FCA regulations on the eFX industry** **. How are market participants adapting to these regulatory changes, and what are the potential** **future shifts** **?** The main changes that have been introduced by MiFiD II and FCA regulations are the new reporting requirements both in terms of quantity and frequency of information provided. Regulation had an impact on the quality of information that should be shared with the financial authorities as well. The moment you trade FX derivatives now, if you are not adopting EFX automated trading and reporting solutions, it becomes rather difficult for clients and Liquidity Providers to access FX international markets. We believe that clients in Latin America and Africa will feel the urge to adopt EFX automated electronic trading solutions soon to improve their liquidity and execution while following the new regulations as well. - **Regarding revolutionising eFX, can you please provide insights into the latest** **technological innovations in eFX trading** **?** From an agency broker perspective, the most important developments in the last years have involved the following topics: - the possibility to have an off-the-shelf solution for aggregation and price distribution that guarantees low latency and infrequent/low downtimes, - the customization of tech solutions in terms of liquidity control, pricing control and pricing distribution, - auto-hedging tools that allow agency brokers to minimize market risk, - tech solutions that allow agency brokers to actively post firm interest into electronic avenues to maximize fill ratio and minimize market impact. - **Algorithms in eFX** **are considered a game-changer for brokers and traders alike. What's your thought on that?** We think that brokers in the future will be able to offer algorithms on an agency basis on behalf of bank and non-bank liquidity providers both for FX Spot, Metals and NDFs. - **Can you talk about Alpfin's** **tech tool Lucera** **?** Lucera is our FX tech partner, which has been selected after a very thorough analysis. The efficiency and reliability that their system offers is unrivalled in the market, together with a great support team that guarantees support 24/5. This is very important for us to make sure that we can offer the best service to our liquidity providers and customers. - **How can I connect with you?** If you would like to stay connected, follow updates, or reach out to our team to see what we can do for you, we encourage you to connect with [our representatives](https://www.linkedin.com/in/chris-de-sibert/) on LinkedIn ( [Alp Financial](https://www.linkedin.com/company/alp-financial/mycompany/)), through our website www.alpfin.com, and at TTFX Miami in February 2024. We look forward to engaging with you and sharing more about our offerings and insights. [Uncovering the Rising Demand for NDF Trading: A Closer Look at Emerging Markets and Future Developments](https://www.alpfin.com/post/uncovering-the-rising-demand-for-ndf-trading-a-closer-look-at-emerging-market) [The Art of Liquidity Management: how Institutional FX brokers stay on top of their game ](https://www.alpfin.com/post/the-art-of-liquidity-management-how-institutional-fx-brokers-stay-on-top-of-their-game) [How Are FX Brokers Positioned Towards Last Look Practices? ](https://www.alpfin.com/post/how-are-fx-brokers-positioned-towards-last-look-practices) bottom of page We use cookies on our website to see how you interact with it. By accepting, you agree to our use of such cookies. [Cookie Policy](https://www.alpfin.com/cookies-data-protection) SettingsAccept