FXall, an electronic foreign exchange (FX) platform, has announced FX Prime Corporation, a Japanese broker dealer and part of ITOCHU group, as a new client on its diverse platforms. As a significant participant in the Japanese FX market, FX Prime adds to FXall’s existing top tier client portfolio in Asia. FXall’s volumes in Asia-Pacific grew over 22% in the first quarter of 2010, and the new client increases FXall’s existing footprint in the region.
FX Prime now has access to the deep pools of liquidity provided across FXall’s diverse platforms. The liquidity available to FXall clients continues to grow following the recent acquisition of LavaFX from Citi, completed in January 2010.
Makoto Igarashi, president and chief executive officer (CEO) at FX Prime, said: “FXall is a well-respected and independent provider which offers significant long term synergies for our business. This partnership optimises our FX trading operations, and will help us continue to grow our operations in these important markets.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.