Lehman Brothers has become the newest dealer participant in Interbank FX proprietary multiple bank liquidity pool.
Lehman Brothers joins IBFXs other liquidity partners, which now consist of six of the worlds largest financial institutions, including Bank of America, Citigroup and Goldman Sachs among others.
Through its offices in New York, London and Tokyo, Lehman offers 24-hour dealing services and operational support in Forex cash and derivative products in all major currencies and emerging markets in Latin America, Eastern Europe, Africa, the Middle East and Southeast Asia.
“We are delighted with the addition of Lehman Brothers as our newest liquidity provider. This is a company whose quantitative Forex research consistently receives top industry ratings and who is recognized as a global market leader. Adding this highly regarded industry player to our electronic platform will strengthen and deepen the liquidity pool available to our customers and reinforce our position as a leading provider of global Forex trading,” says Todd Crosland, president and CEO, IBFX.
Lehman Brothers price stream is available now on IBFXs platform, which enables both retail and institutional customers alike to trade Forex without the hidden obstacles or potential conflicts of interest of a dealing desk broker.
Because IBFX currency prices are derived from its financial institution liquidity providers, its price feed most accurately reflects the natural movements of the interbank Forex market.