GlobeOp To Offer Currenex's e-FX Trading Platform To Hedge Fund Clients

Hedge fund administrator GlobeOp Financial Services will offer connectivity to the Currenex(r) electronic foreign exchange trading platform via GoMarkets(sm), GlobeOp's new electronic trading connectivity platform for its hedge fund clients. Currenex, Inc. provides foreign exchange and money market trading solutions

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Hedge fund administrator GlobeOp Financial Services will offer connectivity to the Currenex(r) electronic foreign exchange trading platform via GoMarkets(sm), GlobeOp’s new electronic trading connectivity platform for its hedge fund clients.

Currenex, Inc. provides foreign exchange and money market trading solutions to banks, funds, corporations and other market participants.

“The addition of Currenex’s e-FX trading platform to our GoMarkets service enables GlobeOp to offer its clients an industry-leading foreign exchange execution service with STP benefits,” said Hans Hufschmid, chairman and CEO of GlobeOp.

GlobeOp’s clients will now be able to access Currenex’s multi-dealer electronic solution for foreign exchange trading, instead of trading via phone or on multiple electronic platforms from various dealers. This will allow foreign exchange trading electronically by accessing Currenex’s FX trading platform directly through GlobeOp’s client Web interface.

“The agreement with GlobeOp provides Currenex with the opportunity to serve GlobeOp’s extensive client base of hedge funds and their significant volume of foreign exchange trading,” said Clifford Lewis, chairman and CEO.

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