FXecosystem is launching a dedicated connectivity solution for institutional and retail broker clients in Turkey this month. As part of its global expansion plans the company has also extended its network by adding connectivity through the Moscow Exchange (MOEX).
These latest developments mean that banks and brokers can benefit from having a single FX connectivity provider in London, New York, Turkey and Moscow, resulting in reduced latency and cost efficiencies. James Banister, CEO of FXecosystem comments, “During the last five years FXecosystem has built a reputation as the leading FX connectivity specialist, with its LD4 (London) and NY4 (New York) Meet-Me-Room™(MMR) ecoworld which provides a single point of entry to connect to FX market participants on a global scale. Our expansion into Turkey and Russia widens our network, underlining our focus on offering scalability for clients as they expand into key FX markets. By extending our ecosystem, we continue to change how the market connects, replacing the need for multiple leased lines to multiple counterparties.”