Australia’s Pepperstone Financial has rolled out an FX brokerage platform, International Business Times reports. The company’s clients will benefit from no dealing desk execution on FX trades with the platform.
The platform will allow customers to access liquidity from 22 banks and ECNs, providing direct access to the FX interbank market, where orders are fully visible. Customers will be able to enter direct discussions with liquidity providers, who can introduce their own orders and if the prices match, the deal gets completed.
Click here for the story from International Business Times.