FXDD Joins Dukascopy Bank SA in a White Label Partnership
NEW YORK, July 1, 2011 /PRNewswire-AsiaNet/ –
Leading Online Forex Brokers Partner to Offer JForex to US
Clients
FXDD, a leader in online Forex trading, today announced a white label
partnership with top online Swiss bank, Dukascopy Bank SA. The partnership
will allow US-clients to trade on the globally popular JForex platform. The
partnership also allows FXDD to broaden its reach in the global marketplace
by offering Dukascopy Bank SA’s JForex platform in its suite of Forex
trading interfaces. The platform will be called FXDD JForex.
(Logo: http://photos.prnewswire.com/prnh/20110510/NY98178LOGO)
"Our white label partnership is a great opportunity for two leading
Forex brokers to work together to offer the JForex trading platform to
US-based traders," said Lubomir Kaneti, FXDD’s Chief Operating Officer. "A
relationship with Dukascopy Bank SA represents a great opportunity for FXDD
and is a testament to our commitment to reliable trade execution and
outstanding customer service."
The regulatory environment of Foreign Exchange trading in the United
States will be subject to changes mandated by the Dodd-Frank Wall Street
Reform Act that go into effect on July 16, 2011. As a result, US based
retail traders must trade with a US broker. The white label partnership will
afford the opportunity for US-based Dukascopy Bank SA clients to continue to
use the JForex platform with FXDD. The FXDD JForex platform will also be
available to new retail Forex traders in the United States.
Alain Broyon, CEO of Dukascopy Bank SA said, "We are proud to announce
this collaboration between two leading companies in the Forex market. By
doing so, Dukascopy Bank SA builds up its position as a liquidity provider
and an online Forex trading technology company. This cooperation will allow
US clients to continue accessing Dukascopy Bank SA’s advanced FX
technology."
About FXDD
FXDD (http://www.fxdd.com), a Foreign Exchange [http://www.fxdd.com ]
Dealer registered with the CFTC and a member of the National Futures
Association, is headquartered in New York City’s 7 World Trade Center. FXDD
is a leader in online Forex trading [http://www.fxdd.com ] dedicated to
providing superior customer service, powerful trading technology, and
reliable streaming liquidity. FXDD provides services to individual and
institutional traders, hedge funds, commercial entities, brokerage firms and
money managers around the world. FXDD offers 24-hour Forex trading by way of
its trading platforms, which include: MetaTrader
[http://www.fxdd.com/en/forex-trading-software/metatrader.html ], FXDDTrader,
PowerTrader and FXDDAuto. The Company’s services currently provide
competitive interbank pricing, no-interest accounts, and fully-automated
execution. FXDD also provides 50:1 leverage in the US, as well as
competitive bid-to-ask spreads.
Follow FXDD on Twitter [http://www.twitter.com/fxdd ] at twitter.com/fxdd
and on Facebook [http://www.facebook.fxdd.com ] at facebook.fxdd.com.
SOURCE: FXDD
CONTACT: Farley Green
FXDD
+1-212-266-0902
fgreen@fxdd.com
Dave Carlson
Fleishman-Hillard
+1-312-729-3646
Dave.Carlson@fleishman.com
