SYS-CON MEDIA Authors: Mat Mathews, PR.com Newswire, David Smith, Tim Crawford, Kevin Benedict

News Feed Item

FastMatch Deploys Matching Engine in Equinix IBX Data Center in Tokyo

FastMatch, (www.fastmatchfx.com) a matching system for foreign exchange trading, announced today the launch of its third matching engine, to be located in the Equinix IBX Data Center in Tokyo, (Equinix TY3.)

FastMatch launched its initial matching engine to operate FX Spot and metals from the Equinix NY4 facility. A second matching engine was lunched in the summer of 2013 in London and FastMatch now adds its new engine in Tokyo. The expansion into Tokyo, a key regional hub for FX electronic trading in Asia, will look to help FastMatch provide faster, high performance trading services for its customers in the region.

“Just another stage of the FastMatch expansion complete,” said Dmitri Galinov, CEO of FastMatch. “We are excited to deliver real time transparency to the region, as well as offer a complete redundancy to the platform across all regions.” Galinov added, “We will work very closely with FXCM Japan to incorporate the existing client base and add new customers in the region, and plan to grow significantly in Japan during the next year.”

FXCM Japan Securities Co. Ltd. is a licensed provider for FastMatch and provides its services throughout Japan.

“We recently established a dedicated institutional division specializing FXCM’s ECN business including FastMatch in Tokyo. We will bring new, fast and flexible matching services of Spot Foreign Exchange to our institutional clients with a wide variety of liquidity sources. We would like to see this division grow into one of our core businesses in Japan,” said Kazunori Iida, President of FXCM Japan Securities.

About FastMatch

FastMatch is a matching system of spot foreign exchange. The FastMatch system strives to offer its customers access to a large pool of diversified liquidity at unparalleled speed, complete transparency, central location and excellent customer service.

About FXCM Japan Securities Co. Ltd.

FXCM Japan Securities Co. Ltd is an operating subsidiary of FXCM Inc. FXCM Japan Securities started business in 2001 and has a long history serving the Japanese market providing advanced technology and transparent trading environments.

About FXCM Inc.

FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.

At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's international subsidiaries, also offers CFD products with no re-quote trading that allows clients to trade oil, gold, silver and stock indices along with forex. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

FXCM Inc. owns a percentage of FastMatch

Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.