Brokers News

Forex.com open office in Singapore

Apr 06 2011 22:00:00 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

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 CompetitorsFXCM Active Trader, FxPro xTrader
TAGS: forex.com singapore gain gts ecn forex platform 

More news about FOREX.COM

More Forex Brokers News

Interactive Brokers acquires the online investing marketplace Covestor

Apr 23 2015 21:19:30

BOSTON and GREENWICH, Conn., April 23, 2015 /PRNewswire/ -- Covestor, an online investing marketplace, and Interactive Brokers Group, Inc. Read more

CommerzVentures invests $39 million in social trading network eToro

Apr 20 2015 21:34:03

CommerzVentures GmbH, the Corporate Venture Capital subsidiary of Commerzbank launched approximately six months ago, has made its first investment in a fintech company. Read more

FXCM reports 40% rise in retail trading volume in March

Apr 15 2015 23:44:31

NEW YORK, April 14, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM) today announced certain key operating metrics for March 2015 for its retail and institutional foreign exchange business. Read more

Gain Capital reports record retail and institutional trading volumes in March

Apr 15 2015 22:04:17

GAIN Capital Holdings, Inc. the NYSE listed forex broker operating forex.com,  today reported certain operating metrics for the month of March 2015.     Retail Metrics    - Retail OTC trading volume[1] of $296.0 billion, an increase of 32.8% from February 2015, and 58. Read more

CarVal Investors acquires 2.5% of Saxo Bank valuating it at €1.25B

Apr 15 2015 20:48:12

Four yeas ago TPG Capital, the private equity firm started by David Bonderman, bought a 30% stake Saxo Bank A/S for $560 million, valuing it at $1.9 billion. Read more

World’s largest forex broker GMO Click launches Z.com Trade

Mar 04 2015 17:51:03

The world’s largest retail forex provider by volume’s London office launched its in-house developed trading platform. Z.com Trade, part of the Japan-headquartered GMO CLICK Group, will offer forex,indices and commodities on its multi-asset platform. Read more

GAIN Capital reports record net revenue, net income up 309%

Feb 26 2015 17:32:01

Fourth Quarter 2014 Highlights   -Record net revenue of $114.7 million, up 37% -Net income of $17.6 million, up 309% -Earnings per diluted share of $0.41, up 273% -Adjusted EBITDA of $35.9 million, up 164% -Retail OTC trading volume of $730. Read more

FXTM launches cost-free trading in a limited time offer

Feb 13 2015 17:13:58

International forex broker Forex Time (FXTM) has introduced cost-free trading for a limited time, in an offer which can earn clients weekly rebates just for trading!   FXTM clients have the opportunity during the 30 days from the time of their deposit, following registration during the promotio... Read more

FxPro announces record high number of daily trades

Feb 12 2015 10:13:22

Following an exceptionally busy start to the New Year, both in terms of new clients and trading activity, FxPro Group announces that it has broken all records for the most trades executed as well as the highest volume in one day.   The broker’s previous record was for 124,778 trades. Read more

FXCM reports second highest retail trading volume ever in January

Feb 12 2015 09:37:20

FXCM Inc. (NYSE:FXCM) today announced certain key operating metrics for January 2015 for its retail and institutional foreign exchange business. Read more