ActForex adds FC Stone to the list of its clients

Thursday, 05/01/2012 | 11:55 GMT by Michael Greenberg
  • FC Stone is one of the largest forex liquidity providers in the market and already entered the forex market through a collaboration with Integral in creating the StoneX platform. FC Stone is also Currenex's white label. Now FC Stone seems to be making its steps into the retail forex market by offering its liquidity natively through ActForex's platform which is used by many retail brokers.
ActForex adds FC Stone to the list of its clients

FC Stone is one of the largest forex Liquidity providers in the market and already entered the forex market through a collaboration with Integral in creating the StoneX platform. FC Stone is also Currenex's white label. Now FC Stone seems to be making its steps into the retail forex market by offering its liquidity natively through ActForex's platform which is used by many retail brokers. This would make it much easier for them to tap into FC Stone's liquidity - rather than going to them directly and working on the integration. This is the issue that concerns many mid size brokers now - the bigger you get the more deals and traders you need to hedge out and thus the quest for finding and integrating the right liquidity sources begins. For Metatrader brokers this demand created the need for bridges like Boston Technologies' and the use for forex Prime Brokers like ODL. Having it all already plugged in into your platform makes setting a brokerage up more effective.

New York, NY, January 4, 2012 – ActForex, the leading provider of independent retail trading platforms, is pleased to announce today the addition of FCStone, LLC, a wholly owned subsidiary of INTL FCStone Inc., as one of its highly esteemed clients.

“We are very gratified to have entered into a business relationship with this esteemed company,” said ActForex CEO, Ilya Sorokin, “and feel confident that our technology will make a formidable contribution to their operations.”

ActForex has been an innovator in providing cutting-edge trading platform technology for Forex and many other financial instruments on a global basis. Its ActTrader platform is a leading choice for hundreds of thousands of retail traders and the company has made recent inroads in its effort to expand into the institutional users segment as well.

“As a prime brokerage company having a liquidity relationship with twenty-two of the world’s largest financial institutions, adding the ActForex platform to our lineup of trading solutions was a logical choice,” Joseph Conlan, Global Head of FX Sales at FCStone, remarked. “We look forward to working with them.”

FCStone provides ActForex Brokers with an auto hedging and STP trading plug in that enables Brokers to turn on auto hedging for specific client deals, specified currencies, or at defined times of the day. FCStone is a US-based, live executable liquidity source available globally on the ActForex platform.

About INTL FCStone Inc:

INTL FCStone Inc. provides execution, clearing and advisory services in commodities, capital markets, currencies, and asset management while working with large counterparties to provide access to fluid markets. FCStone’s expertise in the Foreign Exchange markets includes sales, trading, Risk Management , operations, and business solutions for the professional trader and trading firm.

About ActForex, Inc:

ActForex, Inc. has been providing leading-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers, Money Managers and financial institutions worldwide since 2000.

ActTrader and the ActForex logo are trademarks of ActForex, Inc. ActForex is a registered trademark of ActForex, Inc.

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.

FC Stone is one of the largest forex Liquidity providers in the market and already entered the forex market through a collaboration with Integral in creating the StoneX platform. FC Stone is also Currenex's white label. Now FC Stone seems to be making its steps into the retail forex market by offering its liquidity natively through ActForex's platform which is used by many retail brokers. This would make it much easier for them to tap into FC Stone's liquidity - rather than going to them directly and working on the integration. This is the issue that concerns many mid size brokers now - the bigger you get the more deals and traders you need to hedge out and thus the quest for finding and integrating the right liquidity sources begins. For Metatrader brokers this demand created the need for bridges like Boston Technologies' and the use for forex Prime Brokers like ODL. Having it all already plugged in into your platform makes setting a brokerage up more effective.

New York, NY, January 4, 2012 – ActForex, the leading provider of independent retail trading platforms, is pleased to announce today the addition of FCStone, LLC, a wholly owned subsidiary of INTL FCStone Inc., as one of its highly esteemed clients.

“We are very gratified to have entered into a business relationship with this esteemed company,” said ActForex CEO, Ilya Sorokin, “and feel confident that our technology will make a formidable contribution to their operations.”

ActForex has been an innovator in providing cutting-edge trading platform technology for Forex and many other financial instruments on a global basis. Its ActTrader platform is a leading choice for hundreds of thousands of retail traders and the company has made recent inroads in its effort to expand into the institutional users segment as well.

“As a prime brokerage company having a liquidity relationship with twenty-two of the world’s largest financial institutions, adding the ActForex platform to our lineup of trading solutions was a logical choice,” Joseph Conlan, Global Head of FX Sales at FCStone, remarked. “We look forward to working with them.”

FCStone provides ActForex Brokers with an auto hedging and STP trading plug in that enables Brokers to turn on auto hedging for specific client deals, specified currencies, or at defined times of the day. FCStone is a US-based, live executable liquidity source available globally on the ActForex platform.

About INTL FCStone Inc:

INTL FCStone Inc. provides execution, clearing and advisory services in commodities, capital markets, currencies, and asset management while working with large counterparties to provide access to fluid markets. FCStone’s expertise in the Foreign Exchange markets includes sales, trading, Risk Management , operations, and business solutions for the professional trader and trading firm.

About ActForex, Inc:

ActForex, Inc. has been providing leading-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers, Money Managers and financial institutions worldwide since 2000.

ActTrader and the ActForex logo are trademarks of ActForex, Inc. ActForex is a registered trademark of ActForex, Inc.

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.
About the Author: Michael Greenberg
Michael Greenberg
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About the Author: Michael Greenberg
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