Independent brokerage company MAREX Financial has selected Fxall to provide foreign exchange liquidity and trading serPARA_BREAK_SENTINEL_9f8e7d6c Independent brokerage company MAREX Financial has selected Fxall to provide foreign exchange liquidity and trading services to its clients. For further information on Trading & Execution and related articles, please click here
The deal enables MAREX customers to tap into multiple sources of liquidity for fast execution and tight pricing in more than 200 currency pairs.
Clients will have access to an extensive range of trading options, including the ability to enter bids and offers into the system in order to reduce transaction costs and manage risk more effectively. By using MAREX as a prime broker, customers can trade on a non-disclosed basis while leveraging MAREX's strong credit lines with the market's major sources of liquidity. Traders also have the option of connecting algorithmic trading models to FXall via an API or FXall's FIX Gateway for fully automated trading.
'The popularity of FX as an asset class is continuing to grow, and we are seeing strong demand from our clients for a powerful, comprehensive FX trading solution,' says Farooq Muzammal, Head of Foreign Exchange at MAREX Financial. 'We selected FXall because it offers our clients access to a marketplace of unparalleled depth and consistency, as well as having a track record for building strong, collaborative relationships with partners and clients.'
Mark Warms, Global Head of Sales and Marketing at FXall, comments: 'This is an exciting opportunity to extend our services to MAREX's network of active trader clients. Hedge funds and other active traders are increasingly looking for FX solutions that offer more than just spot trading in a handful of currency pairs. We look forward to working closely with MAREX to deliver a services that meets their complex and evolving requirements.'
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More