FastMatch, a matching system for foreign exchange trading, announced today the launch of its third matching engine, to be located in the Equinix IBX Data Center in Tokyo, (Equinix TY3.)
FastMatch launched its initial matching engine to operate FX Spot and metals from the Equinix NY4 facility. A second matching engine was lunched in the summer of 2013 in London and FastMatch now adds its new engine in Tokyo. The expansion into Tokyo, a key regional hub for FX electronic trading in Asia, will look to help FastMatch provide faster, high performance trading services for its customers in the region.
"Just another stage of the FastMatch expansion complete," said Dmitri Galinov, CEO of FastMatch. "We are excited to deliver real time transparency to the region, as well as offer a complete redundancy to the platform across all regions." Galinov added, "We will work very closely with FXCM Japan to incorporate the existing client base and add new customers in the region, and plan to grow significantly in Japan during the next year."
FXCM Japan Securities Co. Ltd. is a licensed provider for FastMatch and provides its services throughout Japan.
"We recently established a dedicated institutional division specializing FXCM's ECN business including FastMatch in Tokyo. We will bring new, fast and flexible matching services of Spot Foreign Exchange to our institutional clients with a wide variety of liquidity sources. We would like to see this division grow into one of our core businesses in Japan," said Kazunori Iida, President of FXCM Japan Securities.