20 June 2017
In line with our goal to provide a fair, equal and transparent trading platform for the global FX market, ParFX has expanded the number of currency pairs on offer to include EUR/CZK, EUR/PLN and NOK/SEK.
These three pairs went live on 18 June 2017, following a thorough customer engagement and testing programme. The introduction of the new currency pairs highlights our close alignment with the needs of the industry and is a direct result of demand from ParFX’s founder banks and customers who look to us to provide firm liquidity that they can trust.
As the fastest growing platform on the street, on-going currency expansion is a logical and natural evolution of the platform which recognises the evolving appetite of foreign exchange investors around the world.
Dan Marcus, CEO of ParFX, said: “The addition of the Czech koruna and Polish zloty to our platform expands our central European offerings. With the growing prominence of these currencies, there is no doubt that it is the perfect time to introduce the ‘pure’ ethos of ParFX.”
In 2016, the latest Bank of International Settlements (BIS) Triennial Survey highlighted a rise in the global importance of European currencies – with both the Swedish krona and Norwegian krone gaining a significant share in global FX turnover. The report also highlighted the increased popularity of the Polish zloty as one of the 25 most actively traded currencies in the world.
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