Leading institutional trading and liquidity services firm Finalto has announced the introduction of its Prime of Prime (PoP) service to the London Stock Exchange Group’s (LSEG) FX Matching venue.
Finalto said this initiative represents a pivotal development in Finalto’s dedication to offering unparalleled trading solutions in the fast-paced foreign exchange (FX) market. By integrating Finalto’s Prime of Prime services with FX Matching, institutional clients now have access to advanced liquidity solutions and superior trading capabilities.
The collaboration led to several key improvements:
- Improved access to liquidity: Clients gain instant access to FX Matching’s liquidity pool, opening up new opportunities for efficient market participation.
- Advanced Risk Management Tools: Using state-of-the-art risk management tools, clients can effectively manage and mitigate trading risks, leading to improved portfolio performance.
- Customized trading solutions: The offering provides a suite of customizable trading solutions, allowing clients to tailor their trading strategies to suit specific needs and market dynamics.
- Real-time Reporting and Analytics: With comprehensive reporting and analysis tools, clients receive valuable insights into their trading activities, supporting better-informed decision-making.
Kenneth Lim, Head of Liquidity Asia at Finalto Group, expressed excitement about the launch, stating:
“We are excited to unveil our Prime of Prime offering in LSEG’s FX Matching space. This partnership underscores our commitment to providing best-in-class trading solutions to our institutional clients. By combining our expertise in Prime of Prime services with LSEG’s powerful trading platform, we aim to empower clients with the tools and resources they need to confidently navigate the forex market.”
Soo Chin Tan, Head of Capital Markets FX Sales, Asia Pacific, LSEG, added,
“Our partnership with Finalto enables us to provide innovative financial solutions and enhanced services to a wider group of foreign exchange market participants. By combining our strengths, we can create synergies that allow small and mid-sized institutions worldwide to access liquidity through LSEG’s FX Matching venue and benefit from cost-effectiveness in executing their trades.”
Finalto Group said its Prime of Prime FX Matching offering is poised to significantly benefit institutions’ trading experiences by providing a comprehensive liquidity solution.