BYFX HK announced that the two companies have entered into an ISDA Master Agreement, pursuant to which they may enter into FX transactions. With Barclays as one of its FX brokers, BYFX HK will now have access to the liquidity of interbank players. BYFX HK expects that this will allow its clients to trade their spot FX trading more efficiently; and that this will in turn enhance BYFX HK's position in the FX industry.
"I strongly believe that BYFX HK's entering into an ISDA Master Agreement with Barclays will improve the liquidity and pricing for our clients. We are excited to launch more FX products in the future," says BYFX HK CEO Zhu Zhen.
About BYFX HK
BYFX HK Co., Limited is a subsidiary of SBI Holdings, Inc, covering liquidity solutions and highly secure and comprehensive trading services for Spot FX (www.byfx.com.hk). BYFX HK is authorised and regulated by the Hong Kong Securities and Futures Commission, CE Number BHK360. The SBI Group is recognized as a Fintech and online financial pioneer in Japan with over 230 companies [1] around the world. SBI Holdings, Inc is listed on Tokyo Stock Exchange (TYO:8473) and has accumulated over 23.9 million [2] customers in September 2018.
[1] The SBI Group Annual Report 2018 (As of March 2018)
[2] SBI Holdings, Inc Financial Results (Fiscal year ending March 2019)
No comments:
Post a Comment