NEW YORK, Dec. 10, 2014 (GLOBE NEWSWIRE) -- FastMatch, (www.fastmatch.com) an Electronic Communication Network ("ECN") for foreign exchange trading, launched today a new web site www.fastmatch.com, publishing daily trading volume in real-time.
The FastMatch website introduces "the tape" to the FX spot and metals markets on its new web site. For the first time ever, the public can see all trades executed on the FastMatch platform. While the concept of "the tape" is standard in other asset classes such as equities and futures, in the FX spot industry this is something that has not existed for the public. The website will also provide insight to the top currency pairs by region with total volume associated to each pair.
FastMatch currently runs three independent matching engines globally in New York (NY4,) London (LD4) and Tokyo (TY3.) Each matching engine acts as separate ECNs and will emit their own market data, trades, and midpoint values. FastMatch's matching system offers customers both a unique and diverse pool of liquidity, with low latency with transparency.
"FastMatch is increasing the transparency level of the FX market to be on par with other asset classes," said Dmitri Galinov, CEO of FastMatch. "This is something we know our clients want and something we believe the institutional FX space needs."
To see daily volumes and read more about FastMatch visit www.FastMatch.com. For more information and to see how FastMatch works, email email@example.com, or contact your local FastMatch or FXCM Pro representative.
FastMatch is an Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location.
The FastMatch ECN is based on the technology underpinning the world's largest Equities crossing system, the Credit Suisse Crossfinder matching engine. This market tested technology gives FastMatch an incredible speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms.
About FXCM Inc.
FXCM Inc. (NYSE:FXCM) is a leading 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 may result in a loss of all your deposited funds.
CONTACT: FastMatch, Inc. 55 Water Street, 50th Floor, New York, NY 10041 Phone: 1-212-201-7319 Fax: 1-646-607-3240 Email: firstname.lastname@example.org or Media Inquiries Jaclyn Klein, 646-432-2463 email@example.com