Monex and 360TGTX launch new Credit Hub in Mexico

Monex has partnered with 360TGTX to launch the first local credit hub in Mexico for facilitating FX trading.

July, 2021

Matt O’Hara
Matt O’Hara

Many participants in the local Mexican FX market today face credit constraints which severely limit the amount and types of liquidity which they can access. To solve this problem Monex has begun leveraging its incredibly strong credit profile and position as a member of CLS to act as a credit hub for the 360TGTX platform. This hub then enables any local firms in Mexico who have an established credit arrangement with Monex to use this in order to access the global liquidity ecosystem that is available on the 360TGTX platform. “We are delighted to be announcing this new partnership with Monex, which we think represents a major milestone for the Mexican FX market”, says Matt O’Hara, CEO 360 Trading Networks, Inc. (Americas).