Interdin, a well established retail broker in the Spanish and European securities markets, announced a partnership agreement with Integral Development Corp., a company specializing in FX trading solutions and services.

The deal is aimed at adding margin FX trading capabilities to Interdin’s existing platforms.

Interdin selected Integral because it allowed Interdin to implement its FX business exactly as it had envisioned, in just few weeks with no upfront costs. With this deployment, Interdin will be the first native Spanish broker to offer fully transparent FX pricing through a non-dealing desk or agency model, providing its customers with direct market access to interbank liquidity.

With this, Interdin, the technology-oriented brokerage firm will be offering the new spot FX pricing through its existing multi-asset platform, its customers are able to trade through their already familiar system.

 “Margin FX trading is a growing market in Spain. We are proud to offer our customers the reassurance that their trades will be executed directly in the market, without any broker interference,” Enrique Martí, director, Interdin.com, Interdin’s online brokerage said in a statement.

Integral's innovative solutions provide financial institutions with operational efficiencies and the ability to optimize liquidity by configuring and creating their own private, branded FX trading system.

“We take pride in the fact that our cloud-based services allow every broker to implement their vision, their business and risk model, exactly as they wish,” Harpal Sandhu, chief executive officer at Integral Development Corp. stated.

Integral cloud services allow Interdin to aggregate liquidity from multiple providers including every major market-making bank, professional trading groups and ECNs. Trade execution and processing is fully automated. Real-time analysis tools put Interdin in control and allows them to manage their business to their exact specifications.

 “They know their business best; and we have the solutions to implement quickly and with no upfront costs. Our partnership with Interdin is yet another example of this winning combination,” Sandhu added.