FXall, a foreign exchange platform, has signed a distribution agreement with Investment Technology Group (ITG), a provider of technology-based trading services and transaction research. It will enable ITG's clients to trade foreign exchange through FXall’s FX trading solution.
According to FXall, this agreement will offer enhanced connectivity to clients increasingly looking to invest in the growing FX market. FXall says it will co-operate with ITG to ensure that mutual clients receive the highest quality of service from the interface between the respective offerings. Initially, ITG will connect FXall’s relationship trading platform into its order management system, Macgregor XIP and execution management system, Triton.
"We are confident that we will continue to offer trading solutions to clients in an increasingly complex market," comments Phil Weisberg, CEO, FXall. "FXall is committed to providing products that meet the diverse needs of market participants. We offer deep liquidity and advanced technology,” he continues.
“ITG is committed to providing its clients with trading tools that help them navigate an increasingly complex marketplace," explains Bob Gasser, CEO, ITG. "Multi-asset class trading is becoming increasingly important to our clients and this agreement with FXall allows us to provide them with access to the growing foreign exchange market,” he adds.