FXDirectDealer launches institutional forex trading platform
14 July 2005 | 2739 views | 0
FXDirectDealer ("FXDD"), a leader of online foreign exchange, today announced the launch of an institutional forex trading platform that offers clients significant liquidity and greater trading opportunities.
Additionally, FXDD announces a 2-pip spread on the EUR/USD and nine new currency pairs, doubling the number of currencies available to its retail clients.
"To better serve our institutional clients," stated Joseph Botkier, CEO and Vice Chairman of FXDirectDealer, "we provide an institutional trading platform with liquidity up to $100 million; a classic retail platform normally provides liquidity up to $10 million. Now, our clients may make significantly larger trades."
"As a further commitment to customer service," Mr. Botkier continued, "We have added many new currency pairs, including USD/MXN, to our retail trading platform. We're confident these initiatives will enable us to keep pace with our growing customer base and their needs."
FXDD has added CHF/JPY, GBP/CHF, EUR/AUD, EUR/CAD, AUD/CAD, AUD/JPY, AUD/NZD, NZD/USD, and USD/MXN. This move increases the number of available currency pairs to 19.
FXDD was launched in 2003 by Compagnie Financiere Tradition. Within two years, FXDD has risen to a leading online forex provider with thousands of clients globally.