Europe's KAS Bank has joined FXall as a new liquidity provider, the electronic foreign exchange platform announced today. KAS Bank joins more than 70 fully integrated liquidity providers connected to FXall.
As an independent European bank, KAS Bank connects professional financial institutions both within Europe and across the globe. This complements FXall's existing client base which includes major pension fund and asset managers active in the European and global markets.
Coverage within FXall includes spot, swap, forward and NDF products available in one technologically advanced platform, said the release. More than 800 global institutions utilize FXall's trading and straight through processing capabilities to support a multitude of trading strategies in all market conditions.
In a statement, Phil Weisberg, CEO of FXall, said the addition of KAS Bank to the growing number of European liquidity providers on FXall is significant to the electronic FX trading platform's clients. "FXall remains committed to providing the liquidity pools and execution methods that complement increasingly sophisticated trading strategies across all client segments. As one of the leading banks for institutional investors in Europe, KAS Bank's client base is a natural fit with our existing customers and we look forward to furthering our joint relationship," further stated Weisberg in the release.
Michael Van Dijk, head of forex and money markets at KAS Bank, who is quoted in the release, cited FXall as an established independent provider and said the decision to partner places the bank in a position to offer the most sophisticated services to its clients. Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio