FXall Adds Japanese Client FX Prime Corporation
FXall, an electronic foreign exchange (FX) platform, has announced FX Prime Corporation, a Japanese broker dealer and part of ITOCHU group, as a new client on its diverse platforms. As a significant participant in the Japanese FX market, FX Prime adds to FXall’s existing top tier client portfolio in Asia. FXall’s volumes in Asia-Pacific grew over 22% in the first quarter of 2010, and the new client increases FXall’s existing footprint in the region.
FX Prime now has access to the deep pools of liquidity provided across FXall’s diverse platforms. The liquidity available to FXall clients continues to grow following the recent acquisition of LavaFX from Citi, completed in January 2010.
Makoto Igarashi, president and chief executive officer (CEO) at FX Prime, said: “FXall is a well-respected and independent provider which offers significant long term synergies for our business. This partnership optimises our FX trading operations, and will help us continue to grow our operations in these important markets.”