ADS Securities launches FXPB offering in Asia

In a move to help fill the growing credit gap the FX industry is now seeing, ADS Securities has announced the launch of its Prime of Prime (PoP) solution in Asia.

First Published by e-Forex News: September, 2016

Marco Baggioli
Marco Baggioli

In a move to help fill the growing credit gap the FX industry is now seeing, ADS Securities has announced the launch of its Prime of Prime (PoP) solution in Asia. The firm’s latest PoP offering has been specifically tailored to institutions in Asia, with a heightened focus on locally favoured currencies, including non-deliverable forwards (NDFs), as well as expanded liquidity and credit lines with preferred dealers in this space.

Marco Baggioli, Executive Managing Director & Global Head of Brokerage, ADS Securities, said: “In just two months our innovative Prime of Prime service has generated enormous interest. Much like Europe, there is a clear need in Asia for credit intermediation services that are a true reflection of a direct prime brokerage relationship, with direct access to liquidity backed by strong capital and credit relationships.”