NEW YORK, July 21, 2010 /PRNewswire/ -- TraderTools Inc. (TraderTools), which provides the only complete, integrated, FX trading platform available on the market, announced today that TraderTools has been recognized by FX Week as the Best Trading Technology Vendor in the publication's e-FX Awards for 2010.

The award of Best Trading Technology Vendor, according to FX Week, is conferred upon the business that can demonstrate their track record in delivering the best technology to the FX industry. The winner will be able to show how the innovative products they have offered the market have set them apart from their rivals.

TraderTools is the only company to integrate an FX pricing engine, FX liquidity aggregation, FX order management and FX white-labelling, for increased FX revenues, reduced FX costs, improved FX spreads and access to vital information.

Our integrated, automated FX trading platform enables banks to execute more deals and make more money than any other multiple-vendor solution, stated Yaacov Heidingsfeld, CEO of TraderTools. Recognition as the Best Trading Technology Vendor by FX Week confirms the importance of our technology to the international FX community.

About TraderTools

TraderTools Inc. delivers the only complete, integrated, FX trading platform available on the market. Banks and brokerages use the TraderTools platform to increase FX revenues, reduce FX costs, improve FX spreads and access vital information to help run their FX businesses more efficiently and effectively.

FX desks traditionally deploy an assortment of vertical tools, developed internally or externally by different vendors. TraderTools replaces these disparate products with a single innovative platform that addresses the 4 most pressing FX challenges: an FX pricing engine, FX liquidity aggregation, global FX order management and FX white-labelling. It is an end-to-end solution designed to work seamlessly across all components and provide unparalleled visibility into the entire FX workflow. The result is an optimized FX Liquidity Management Platform(TM) - with advanced capabilities, like algorithmic FX trading and FX auto-hedging - designed to generate profits.

The TraderTools FX trading platform is the product of more than a decade's worth of experience with some of the world's largest financial institutions.

TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and the tagline The eFXperts are trademarks of TraderTools Inc.

SOURCE: TraderTools Inc.

CONTACT: Sales: Mark Mayerfeld, EVP, International Sales, +1-212-782-3550,mark@tradertools.com; or Media: Ian Tick, Director, Marketing,+972-9-740-8880, ian@tradertools.com