NEW YORK , April 18, 2016 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM) ("FXCM" or "the Company"), a leading online provider of foreign exchange (FX) trading and related services, announces the relaunch of FXCMPro.com. FXCM originally pioneered its institutional arm in 2004. Today, FXCM Pro provides high and medium frequency funds access to prime brokerage via FXCM Prime.
Brandon Mulvihill, Global Head of Sales at FXCM Pro stated, “We are thrilled to unveil our clearing solution within our new website. FXCM Prime provides clients access to multiple trading venues, allowing for direct relationships between traders and liquidity management experts at each ECN provider. FXCM Prime fills the void of settling trades done across all platforms, with over 15 platforms available to clients. This agnostic approach is exactly what tier one prime brokers provide, and this is a rare service found in the secondary prime market.”
FXCM Prime currently offers direct access to Bloomberg Tradebook, Currenex, EBS Direct, EBS Markets, EBS Select, FXall, FastMatch, and Hotspot (BATS). Single bank access is available to BNP, Deutsche Bank, Citi, Goldman Sachs, Nomura, UBS, and RBS.
Mulvihill added, “Onboarding timelines for new customers can be as swift as two weeks. We do not deploy a minimum asset requirement, and our balance requirement to start is $250,000.”
Customers can learn more about FXCM Prime by going to: http://www.fxcmpro.com/prime/
About FXCM Inc.
FXCM Inc. (NYSE:FXCM) is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Our 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 free news and market research through DailyFX.com.
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.
Trading on margin carries a risk that losses may exceed your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved Read full disclaimer.
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