Finalto launches Prime of Prime offering on LSEG’s FX Matching venue

Rick Steves

“By combining our expertise in Prime of Prime services with LSEG’s robust trading platform, we aim to empower clients with the tools and resources needed to navigate the FX market with confidence.”

Finalto Group has launched its Prime of Prime (PoP) service on the London Stock Exchange Group’s (LSEG) FX Matching venue.

As part of its efforts to provide top-tier trading solutions in the foreign exchange (FX) market, Finalto’s PoP service enables institutional clients to access enhanced liquidity solutions and advanced trading capabilities.

Liquidity and cost efficiencies for medium-sized institutions

Besides of the direct access to FX Matching’s liquidity pool, the Prime of Prime service features sophisticated risk management tools, customizable trading solutions, and comprehensive real-time reporting and analytics.

Finalto Group’s introduction of Prime of Prime services on the LSEG’s FX Matching venue represents a significant step forward in offering a comprehensive liquidity solution for institutional trading experiences.

Kenneth Lim, Head of Liquidity Asia at Finalto Group, said: “We are thrilled to unveil our Prime of Prime offering on LSEG’s FX Matching venue. This collaboration underscores our commitment to delivering best-in-class trading solutions to our institutional clients. By combining our expertise in Prime of Prime services with LSEG’s robust trading platform, we aim to empower clients with the tools and resources needed to navigate the FX market with confidence.”

 

Soo Chin Tan, Head of Capital Markets FX Sales, Asia Pacific, LSEG, added, “Our partnership with Finalto enables us to deliver innovative financial solutions and enhanced services to a broader group of FX market participants. By combining our strengths, we can create synergies that allow small to medium-sized institutions globally to access liquidity through LSEG’s FX Matching venue and benefit from cost efficiencies in their trade execution.”

Finalto has been actively enhancing liquidity and execution in the Asia-Pacific (APAC) region through strategic partnerships and infrastructure development. A recent collaboration with PrimeXM was a significant step towards reshaping the FX and CFD landscape in Asia. This partnership is focused on establishing new liquidity solutions in the region, particularly Singapore, leveraging the financial service experience of Finalto Asia and the cutting-edge technology expertise of PrimeXM.

Finalto Asia also partnered with Centroid Solutions to fortify its presence in the APAC market, focusing on technological excellence and expansion through Singapore’s infrastructure. This collaboration combines Finalto’s liquidity services with Centroid’s Centroid Bridge Connectivity Engine. Benefits for traders include enhanced trading connectivity, smart order routing, comprehensive liquidity management, detailed reporting, and access to multi-asset platforms​.

Finalto’s commitment to the APAC region was further recognized with the ‘Best B2B Liquidity Provider APAC 2023‘ award at the UF AWARDS APAC Ceremony, highlighting its success in liquidity provision and product offerings. The establishment of a Singapore data center is part of Finalto’s strategy to reduce latency and improve service efficiency for its Asian clients, demonstrating its dedication to the Asian market and global expansion​.

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