Foreign exchange trading platform FXall has signed a distribution agreement with Investment Technology Group, a provider of technology-based trading services and transaction research, that
Foreign exchange trading platform FXall has signed a distribution agreement with Investment Technology Group, a provider of technology-based trading services and transaction research, that will enable its clients to trade foreign exchange through FXall’s trading solution.
The agreement will offer enhanced connectivity to clients seeking to invest in the fast-growing foreign exchange market. The two firms will co-operate to ensure that mutual clients receive the highest service quality from the interface between their systems. Initially, ITG will connect FXall’s relationship-trading platform into its Macgregor XIP order management system and Triton execution management system.
‘We are delighted to have partnered with ITG,’ says FXall chief executive Phil Weisberg. ‘We are make a formidable team, offering cutting-edge trading solutions to clients in an increasingly complex market. FXall is committed to providing products that meet the diverse needs of market participants, and our deep liquidity and advanced technology make us a natural choice for foreign exchange trading in today’s market.’
ITG chief executive Bob Gasser says: ‘ITG is committed to providing its clients with trading tools that help them navigate an increasingly complex marketplace. Multi-asset class trading is becoming increasingly important to our clients, and this agreement with FXall allows us to provide them with access to the growing foreign exchange market.’
FXall, an independent company with offices in New York, Boston, London, Tokyo and Singapore, offers customers foreign currency trade execution and straight-through processing, along with streamlined workflow, competitive prices and a complete audit trail, and enables clients to meet best practice guidelines prescribed by regulatory bodies.
Investment Technology Group is a specialised brokerage firm and pioneer in electronic trading whose approach combines pre-trade, order management, trade execution, and post-trade tools to provide improvements in trading and cost efficiency. Based in New York, ITG has offices in North America, Europe and the Asia-Pacific region.
