Weekend FX trading with Tools for Brokers
The international forex technology company Tools for Brokers (TFB) announced the support of the Weekend FX trading through a new add-on application by TFB, which enabled access to LMAX Global liquidity.
The new add-on application by TFB enables trading outside of market hours to hedge risk when the FX market is closed, operating from Friday 17:05 EST to Sunday 17:00 EST. Clients will therefore be able to trade margin FX 24/7.
Thanks to the decentralised nature of all TFB solutions, there is no system downtime or maintenance, which means that brokers can enjoy seamless trading. Several brokers have already signed up for the new service and have started seeing the benefits of weekend trading.
Commenting on the launch, Alexey Kutsenko, CEO of Tools for Brokers, said: “Market players have long been asking for the ability to operate outside of regular market hours. We are very proud to be at the forefront of such an important market launch. The world is changing and never stands still, so it was only logical to introduce trading over the weekend. We are firm believers that this is a crucial way forward, and that it will soon become an industry standard.”
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