Edgewater is proud to announce its recognition as the Top Liquidity Provider in the Middle East by International Business Magazine. This achievement is not only a testament to the company’s dedication to providing superior FX trading technology and liquidity but also highlights its growing influence in a key region for the global financial markets along with its continued support of local price providers.
At the core of Edgewater’s success is its ability to leverage technology to create more efficient and accessible markets places. The Middle East, with its increasing demand for more sophisticated trading, has rapidly adopted Edgewater’s innovative solutions, which provide the tools they need to thrive globally. By providing local market makers with robust personalized technology coupled with credit and distribution services, Edgewater is a regional conduit for global financial institutions to access deep pools of local liquidity quickly and reliably, creating more efficient and transparent markets. Access to deep local liquidity is crucial for mitigating volatility and ensuring that market participants can execute trades with confidence, in all market conditions.
According to Tullet Dubai, “Edgewater is our primary platform we use for executing spot FX trades for our clients. Their pricing in GCC and other currency pairs is unique and provides us with excellent access to local, real inventory GCC liquidity, which helps us to service our clients in a very competitive market. We find it easy and efficient to execute larger sized trades via their platform as their depth of liquidity is excellent especially in the GCC currencies. We have a great relationship with the Edgewater team, and they offer an exceptional service to our regional desk.”
A key factor in winning this award is the strong partnerships Edgewater has fostered with local Middle Eastern financial institutions. Winning the Top Liquidity Provider award underscores the importance of strong partnerships and effective solutions that meet the needs of clients in the Middle East. By providing the tools that enable local banks to scale, Edgewater has helped increase their reach globally, allowing the company to become a cornerstone of the Middle Eastern financial infrastructure.
Al Ahli Bank of Kuwait echos this sentiment, stating “we have been dealing with the Edgewater platform now for over 2 years and they are one of our key liquidity providers. The Edge FX platform, and Edgewater’s credit intermediation services, have allowed us to reach the full depth of market liquidity, The system is very simple to use and easy to navigate between the different currency pairs. They offer excellent pricing and good liquidity in both G10 and GCC currencies. The support team provide a very efficient service and always reply to any questions or issues raised in a professional and timely manner. We value our partnership with Edgewater and look forward to their continued expansion in the region.”
Winning the Top Liquidity Provider award in the Middle East from International Business Magazine is more than just a recognition of past achievements — it is a validation of Edgewater’s long-term strategy to build a more connected, transparent, and technologically advanced FX market in the region. “We are honored with this recognition,” said Brian Andreyko, CPO of Edgewater, “Our objective is to help our clients succeed, because when they succeed, we have succeeded in playing pivotal role in shaping the future of financial markets, both in the Middle East and globally. Edgewater will continue to innovate, partner with local institutions, and provide the liquidity that the market needs to thrive. This award is not the end, but a milestone on a journey towards greater excellence in global liquidity provision.”
See the list of 2024 winners here.
