FxPro Announces Tighter Spreads and Deeper Liquidity
Feb 14, 2012, 08:26 ET
LONDON, Feb. 14, 2012 /CNW/ - FxPro Financial Services Ltd (FxPro), a leading global forex broker today announced two major new developments to its ECN platform, FxPro cTrader.
Through its new partnership with Integral - a technology and application provider of trading and liquidity aggregation solutions - FxPro's cTrader platform now aggregates price streams from some of the largest global banking institutions. This provides FxPro's clients with the deep liquidity and prices found on the interbank FX market when executing volumes from as low as $10,000 up to $500 million.
FxPro's partnership with Integral and the aggregation of prices from some of the largest global institutions allows the company to provide highly competitive spreads on the 40 currency pairs currently offered on cTrader - starting from as low as 0 pips on some of the majors.
In addition, FxPro has teamed up with Traiana for the matching of trades - a leading post-trade service provider that connects more than 500 firms with solutions that automate the full-trade lifecycle of products. Using Traiana's services, trades are matched and reconciled in real-time with FxPro's prime broker, Morgan Stanley International, the global standard-setter for the prime brokerage market for the past 25 years.
Denis Sukhotin, Founder and Chairman of FxPro, commented:
"By leveraging FxPro technology and our relationships with global financial institutions we have built an unparalleled pool of liquidity we are extremely proud of. The reduction of spreads and our radical rebate program are the logical next step in sharing this success with our clients."
FxPro's rebate program can be accessed at: http://www.fxpro.com/trading/conditions/ecn/rebates
FxPro is an award-winning forex broker providing retail and institutional offerings to clients in 150 countries. FxPro offers trading access through a range of platforms including the innovative ECN platform - FxPro cTrader - supported by industry-leading market news and outstanding levels of customer support 24 hours a day. FxPro's goal is to be the world's preferred forex broker and it has become the first choice for forex traders needing user-friendly market access and superior trading infrastructure.
With offices in the United Kingdom, Austria, Cyprus, France, Russia and Spain, FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission, under licence number 078/07, and operates under the EU Markets in Financial Instruments Directive (MiFID).
In Australia, FxPro Australia Pty Ltd (ABN 68 143 740 603) is authorised and regulated by the Australian Securities and Investment Commission (ASIC), license number 405750. Registered address Suite 306, 15 Lime Street, Sydney NSW 2000.
FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), registration number 509956. Registered address 13/14 Basinghall Street, London, EC2V 5BQ.
For further information, please visit http://www.fxpro.com.
For further information:
Head of PR and Communications
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