INTL FCStone Markets Extends OTC FX Capabilities to CQG Clients
- INTL FCStone Markets expands OTC FX usability to select CQG clients, including up to 75 currency pairs.
INTL FCStone Markets, LLC, a subsidiary of INTL FCStone Inc. (Nasdaq:INTL), has launched a new capability for trading Over the Counter (OTC) foreign exchange (FX) products to select users of CQG, according to an INTL FCStone statement.
INTL FCStone is a financial services provider, presently offering exposure into a number of financial markets, including commodities, futures, securities and currencies.
Under the new expansion, CQG clients will now be afforded access and trading capabilities for OTC FX, including futures and spot FX on INTL FCStone Markets’ consolidated platform.
More specifically, qualified clients will be allowed to trade via the CQG API or front end and INTL FCStone Markets, who is slated to stream executable spot rates on 75 currency pairs.
According to Edgar Ramon, Global Head of FX for INTL FCStone's subsidiary FCStone, LLC., in a recent statement on the expanded offering, "By integrating FX pricing into the CQG platform, clients will be able to trade both futures and FX on the same Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term instead of using two different systems."
This is the first development at INTL FCStone since last month, when TradAir announced that it had been selected by FCStone to administer its eFX trading offering. As per the pact, TradAir, a provider of FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term optimization technology and an HTML5 front-end trading platform, provides an end-to-end eFX solution to FCStone.
INTL FCStone Markets, LLC, a subsidiary of INTL FCStone Inc. (Nasdaq:INTL), has launched a new capability for trading Over the Counter (OTC) foreign exchange (FX) products to select users of CQG, according to an INTL FCStone statement.
INTL FCStone is a financial services provider, presently offering exposure into a number of financial markets, including commodities, futures, securities and currencies.
Under the new expansion, CQG clients will now be afforded access and trading capabilities for OTC FX, including futures and spot FX on INTL FCStone Markets’ consolidated platform.
More specifically, qualified clients will be allowed to trade via the CQG API or front end and INTL FCStone Markets, who is slated to stream executable spot rates on 75 currency pairs.
According to Edgar Ramon, Global Head of FX for INTL FCStone's subsidiary FCStone, LLC., in a recent statement on the expanded offering, "By integrating FX pricing into the CQG platform, clients will be able to trade both futures and FX on the same Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term instead of using two different systems."
This is the first development at INTL FCStone since last month, when TradAir announced that it had been selected by FCStone to administer its eFX trading offering. As per the pact, TradAir, a provider of FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term optimization technology and an HTML5 front-end trading platform, provides an end-to-end eFX solution to FCStone.