Liquidity provider Finalto has processed its one-billionth trade on its trading platform, the company announced in a LinkedIn update today.
The news marks a milestone for the company, nearly 15 years after development of the system first began.
The platform was initially built in March 2011, with the first live client trade executed in October 2012.
Finalto develops and operates its own trading technology internally, which is used internally and used by clients under its ClearVision technology brand.
The system provides a framework for liquidity management, client onboarding, risk monitoring and multi-asset trading.
Finalto also offers its technology as a white-label solution, enabling brokers to deploy the platform for their own clients.
In its LinkedIn post, Finalto said the one-billion-trade milestone underscored the scale and longevity of its technology operations, as well as the role of internal teams in maintaining and developing the platform over time.
In December, Finalto received a license from the Securities and Commodities Authority (SCA) in the United Arab Emirates (UAE).
