FXecosystem, a connectivity service provider of retail and institutional foreign exchange trading services, is expanding in Asia. The company is deploying a new point of presence at data center location Equinix HK1.
The firm is continuing its move into Asia after opening an office location in Singapore. The deployment is part of FXecosystem’s effort to expand its services in the region to both retail and institutional clients.
The launch opens the doors for the connectivity gates of the company’s clients to a single point of entry to the FXecosystem global infrastructure. The connections to counterparts and liquidity providers in New York and London will become more optimized.
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Commenting on the news, the CEO of FXecosystem, James Banister, said: “This second point of presence in Asia allows us to service our existing clients in S.E. Asia, including Hong Kong and China.”
“This, together with recent announcements such as our POP in Equinix’s SG1 data center in Singapore and new NOC and engineering facility in Asia, further strengthens and expands our service offering in the region and underpins our growth plans for 2017. With our enhanced infrastructure, we can help institutional and retail FX clients in Europe and America to expand into Asia.”
The company states that it is already seeing demand from Asian banks and brokers, which are demanding enhanced connectivity between America, Asia and Europe.
Equinix HK1 is the fourth location for the company after LD4 in London, NY4 in New York) and SG1 in Singapore.