FXDirectDealer, a Subsidiary of Compagnie Financière Tradition,
Adds Liquidity, Tighter Spreads and New Currency Pairs
NEW YORK, July 13, 2005 – FXDirectDealer (“FXDD”), a leader of online
foreign exchange, today announced the launch of an institutional forex trading
platform that offers clients significant liquidity and greater trading
opportunities. Additionally, FXDD announces a 2-pip spread on the EUR/USD and
nine new currency pairs, doubling the number of currencies available to its
retail clients.
“To better serve our institutional clients,” stated Joseph Botkier, CEO and
Vice Chairman of FXDirectDealer, “we provide an institutional trading platform
with liquidity up to $100 million; a classic retail platform normally provides
liquidity up to $10 million. Now, our clients may make significantly larger
trades.”
“As a further commitment to customer service,” Mr. Botkier continued, “we
have added many new currency pairs, including USD/MXN, to our retail trading
platform. We’re confident these initiatives will enable us to keep pace with our
growing customer base and their needs.”
FXDD has added CHF/JPY, GBP/CHF, EUR/AUD, EUR/CAD, AUD/CAD, AUD/JPY, AUD/NZD,
NZD/USD, and USD/MXN. This move increases the number of available currency pairs
to 19.
FXDD was launched in 2003 by Compagnie Financière Tradition. Within two years,
FXDD has risen to a leading online forex provider with thousands of clients
globally.
About FXDirectDealer
FXDirectDealer, headquartered in New York, offers online foreign exchange
trading via its FXDD Trader, MetaTrader and institutional platforms. FXDD
provides true interbank pricing, 100:1 leverage for regular accounts and 200:1
leverage for mini accounts, tight spreads (2 pips-wide on EUR/USD and 3
pips-wide on other major currencies) and commission-free forex trading. For a
free demo, please visit
,
or call +1.212.791.3933.
About Compagnie Financière Tradition
Compagnie Financière Tradition (“CFT”) is the world’s No. 3 inter-dealer
broker and a leader in a broad range of financial products (futures and options)
and commodity-related products (precious metals, energy products and pulp and
paper). CFT has a presence in 18 countries, and services 7,000 institutional
clients with its staff of nearly 2,000 employees. CFT is listed on the Swiss
Stock Exchange (Symbol: CFT). For more information, please visit