FastMatch offering fully disclosed FX trading for $1 per million USD notional per side

FastMatch, a financial technology company with a focus on Forex trading, announced today that it will offer fully disclosed trading at a new low cost, in a move set to further reduce costs for its customers.

FastMatch clients can utilize the FastMatch global trading network with data centers in New York (NY4), London (LD4) and Tokyo (TY3) to trade directly with each other on a fully disclosed basis for only $1 per million USD notional per side.

FastMatch has already been successful in offering its anonymous many-to-many ECN platform, but the company is now introducing functionality where the customers can trade one-to-one. One-to-one trading leads to tighter pricing and a more customized experience for many clients.

“FastMatch has built state of the art technology that is globally distributed,” said Dmitri Galinov, CEO of FastMatch. “We will now be offering this technology and connectivity to our customers that would like to trade just with each other.”

At present, the fully disclosed system is available in production in all FastMatch trading locations globally and is being utilized by a number of beta clients.

The announcement comes as FastMatch is boosting its reputation as a promoter of transparency. The company has updated its operating procedures, which from November 1, 2015, will include a new section entitled “Data Dissemination Practices”.

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