PFGBEST sees increased demand for Typhoon

Foreign exchange clients of PFGBEST are flocking to access Typhoon, a “liquidity aggregator” that PFGBEST created a few months ago to allow the world’s largest banks to compete with the best bids and offers for both retail and institutional traders.

First Published by e-Forex News: July, 2010

Foreign exchange clients of PFGBEST are flocking to access Typhoon, a “liquidity aggregator” that PFGBEST created a few months ago to allow the world’s largest banks to compete with the best bids and offers for both retail and institutional traders.  Typhoon gives individual investors, CTAs, hedge funds, money managers and institutions equal and anonymous access to the true interbank foreign exchange (FX) marketplace, optimizing trading opportunities for all traders.

Russ  Wasendorf

Russ Wasendorf

“Typhoon ensures straight-through processing, so that all orders are automatically matched to the best available bid or offer without dealer desk intervention.  This model ensures efficient, transparent price discovery and order execution in the world’s fastest-growing market, which is global foreign exchange,” said PFGBEST President and Chief Operating Officer Russ Wasendorf, Jr.