Integral and Jefferies launch TrueFX

Integral and Jefferies have announced the launch of TrueFX, a fully integrated service designed for buyside firms to conveniently connect and trade with the FX market...

First Published by e-Forex News: November, 2019

Brandon Mulvihill
Brandon Mulvihill

Integral and Jefferies have announced the launch of TrueFX, a fully integrated service designed for buyside firms to conveniently connect and trade with the FX market at a fraction of today’s trading costs. Designed for the buyside community, including retail brokers, macro hedge funds, prime of primes and also regional banks, the centrally cleared venue provides direct access to FX liquidity through a single point of credit intermediation and technology integration. Trading, technology and credit costs are significantly reduced by combining the solutions into a single convenient offering. Brandon Mulvihill, Global Head of FX Prime Brokerage at Jefferies said, “The flow of credit is the lifeblood of the FX market, but market inefficiencies have stalled accessible and affordable credit for many market participants. We are excited to play a pivotal role in addressing this challenge via TrueFX and to collaborate with an industry-leading team at Integral to make this happen.”