LONDON, May 21, 2018 (GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced that its institutional department, FXCM Pro, has gone live with PrimeXM’s XCore technology.
Institutions seeking an ultra-low latency order management, risk and reporting solution, which can report both real-time and post trade to brokers, regulators and back-office systems, can now connect via FXCM Pro.
“FXCM is delighted to announce that we have signed a deal with Prime XM and integrated the FXCM Pro FX and CFD pricing within the XCore infrastructure. XCore has proved to be an extremely popular venue amongst FXCM Pro’s institutional client base,” said Brendan Callan, CEO of FXCM. “As a globally recognized Liquidity Provider, the FXCM Pro team is confident that Prime XM’s market leading technology will complement our extremely competitive spreads to provide FXCM Pro’s institutional clients with a first class trading experience.”
“Committed to offering market leading technology solutions, we are very pleased to welcome FXCM to our XCore community. FXCM’s top-tier liquidity offering and the organization’s extensive experience will bolster the already strong selection of LPs available within our network and provide significant added value to our client base,” said Head of Global Sales, Richard Bartlett.
FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. On a 24/5 basis, the institutional service desk centralizes all customer requests, offering expedited responses to inbound inquiries, which range from API support to cash movements, custom appointments with our technology group and customizing networking and connectivity requirements.
The FXCM Prime of Prime offering has an edge above its competitors in that it caters to customers who need market data and execution access across multiple trading venues and who wish to settle such activity in one place through one account. With over half a dozen venue options, FXCM’s Prime of Prime is an ideal independent and unbiased prime service for HFTs, small and medium hedge funds, prop shops and small and emerging market banks.
To learn more about FXCM Pro contact an FXCM Pro specialist at support@fxcmpro.com.
About FXCM:
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.
FXCM Group is a holding company of Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty. Limited (FXCM AU), and all affiliates of aforementioned firms, or other firms under the FXCM group of companies [collectively "FXCM"].
Trading foreign exchange and CFDs on margin carries a high level of risk, which may result in losses that could exceed your deposits, therefore may not be suitable for all investors. Read full disclaimer.
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
jsales@fxcm.com