NEW YORK, Sept. 24, 2015 (GLOBE NEWSWIRE) -- FastMatch, a financial technology company focusing on foreign exchange trading, announced today to further cut costs for customers, it will introduce fully disclosed trading at a new low cost.
FastMatch clients can utilize the FastMatch global trading network with data centers in New York (NY4), London (LD4) and Tokyo (TY3) to trade directly with each other on a fully disclosed basis for only $1 per million USD notional per side. While FastMatch has been extremely successful in offering its anonymous many-to-many ECN platform, the company is adding functionality where the customers can trade one-to-one. One-to-one trading yields tighter pricing and a more customized experience for many clients.
"FastMatch has built state of the art technology that is globally distributed," said Dmitri Galinov, CEO of FastMatch. "We will now be offering this technology and connectivity to our customers that would like to trade just with each other."
The fully disclosed system is currently available in production in all FastMatch trading locations globally and is being utilized by several beta clients.
For more information and to speak with a FastMatch representative please contact support@fastmatchfx.com
About FastMatch:
FastMatch is a financial technology company focusing on foreign exchange trading. FastMatch develops and operates trading platforms focusing on both the sell-side and buy-side market segments.
FastMatch operates a highly successful sell-side Electronic Communication Network that strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location.
The FastMatch ECN is based on the state of the art technology. This market tested technology gives FastMatch an incredible speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms.
AgencyFX is a buy-side focused product, providing a safe, reliable way to trade with institutional and retail FX clients. The institutional and retail liquidity is enhanced with algorithmic trading technology to minimize information leakage, and lower execution costs. AgencyFX allows your desk to demonstrate to investors that your execution is in line with industry best-practice.