INTL FCStone Inc announced today that its London-based subsidiary, INTL FCStone Ltd’s Foreign Exchange desk has joined Bloomberg’s electronic trading platform, FXGO, as a liquidity provider. The affiliation allows INTL FCStone Ltd to offer market participants added efficiencies for FX trading.
Bloomberg’s FXGO enables service providers to contribute executable pricing across a wide arsenal of currencies to meet corporate and institutional clients’ needs, allowing market participants to trade from a rich pool of liquidity available through their Bloomberg Terminal. The terminal will also allow FXGO users to request access to INTL FCStone Ltd’s pricing via the {FXRE<GO>} directory.
Mike Wilkins, Head of FX Sales and Trading at INTL FCStone Ltd, said:
We are pleased to offer our services as a liquidity provider on FXGO and see market opportunity due to the global scope of Bloomberg and their multi-asset class of users connected to the platform. These users will now be able to leverage INTL FCStone Ltd’s expertise in efficiently pricing and executing FX transactions.
FXGO is a multi-bank FX trading platform that enables price takers to execute foreign exchange transactions with their bank relationships. The platform facilitates spot pricing execution and is included with a Bloomberg Terminal subscription.
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