Forex.com, a global forex trading broker, today announced that it has opened an office in Singapore to expand business development efforts in Asia for GAIN GTX, the company's institutional electronic communications network (ECN).
The GAIN GTX ECN is designed for institutional traders such as banks, hedge funds, asset managers, CTA's and high frequency trading companies. GAIN GTX provides a fully anonymous trading environment with advanced algorithmic trading capabilities, sophisticated order management and routing tools and access to foreign exchange liquidity through an extensive network of prime broker relationships. Aside from the ECN, GAIN GTX also offers an aggregation service of either disclosed or anonymous liquidity via its customizable prioritization features within the software.
"Since launching in March 2010, GAIN GTX has attracted a diverse client base due to its superior technology, peer-to-peer trading capabilities, and the deep liquidity of our prime brokerage partners," commented Vincent Sangiovanni, chief operating officer of GAIN GTX. "With the second largest hedge fund industry in Asia, we believe there's a great opportunity for GAIN GTX in Singapore, and we intend to use the office as a regional hub for our business."
GAIN GTX ECN Competitors
Active Trader, FxPro