GAIN Capital said that the GTX Direct will allow qualified investors without an existing FX prime brokerage relationship to leverage its central clearing facilities in order to access the liquidity available in the GAIN GTX marketplace.
Previously, only clients with existing bank FX prime brokerage relationships could access the best available pricing in the marketplace.
GAIN GTX chief operating officer Vincent Sangiovanni said that GTX Direct is a unique service that addresses the needs of individuals and institutions who are looking for a more diverse pool of liquidity.
Currently, GAIN GTX offers liquidity in more than 50 currency pairs, with precious metals to be added in the next several months.
Earlier this year, GAIN GTX expanded its London presence and opened a new office in Singapore to better serve clients in the Asia Pacific region.
