Michael Siwek

DMALINK onboards Credit Agricole

September 2022 in News Headlines

DMALINK, the EM-focused institutional FX ECN has bolstered its developed and emerging markets currency and bullion presence. The firm confirmed that Crédit Agricole CIB, has added DMALINK as a platform to provide custom eFX and precious metals pricing to its buy-side clients.
The inclusion of Crédit Agricole CIB in the DMALINK ecosystem creates an opportunity for its buy-side clients to access top-tier specialized liquidity across select emerging markets and major currencies.

Michael Siwek, Founding Partner and Global Head of Sales at DMALINK, said: “Currencies such as PLN, CNH, JPY CAD and major crosses are important to our clients’ portfolio. Users can access Crédit Agricole tailored pricing across pre-set liquidity pools, underpinned by advanced analytics.
Teddy Russ, Director eFX Sales at Crédit Agricole, commented: “We look forward to participate in the DMALINK ecosystem. Our full amount feeds coupled with a strong European presence, position us well to DMALINK, which is primarily focused within the regional markets.”

Manu Choudhary, CEO at DMALINK, adds: “We are thrilled to welcome Crédit Agricole to the platform. The move is motivated by buy-side demand, meeting our goal of streaming regional eFX prices to existing and future partners. The bank’s firm commitment to the global code of conduct is important to our client’s trading behaviour on the platform.”

“As the Bank offers a range of foreign currency linked and cross asset structured products designed for Investors and Corporate currency risk management it provides a unique approach to liquidity access for our participants.”, concluded Ashwind Soonarane, CTO at the data-centric ECN.