Leading institutional trading and liquidity services firm Finalto Group has announced that it has expanded its Bullion offering to include a new synthetic instrument based on Japanese Yen.
The instrument Gold Yen (XAUJPY) has been created as part of the bullion and precious metals offering.
The newest addition to the product line is another asset that caters to the Asian market, specifically Japan, Singapore and Australia. This asset allows clients to hedge gold positions quoted in Japanese Yen.
Alex MacKinnon
“This addition to our bullion offering cements Finalto’s position as a leading liquidity provider able to quickly recognise client needs and uniquely positioned to react, innovate and implement updates,” said Alex MacKinnon, CEO at Finalto Asia.
“Furthermore, this new asset illustrates Finalto’s continued commitment to the Asia region.”
Finalto has been investing in its global presence and has recently launched its New York and Singapore Data Centres, in order to improve outcomes for clients no matter where they are around the world.
Alex MacKinnon will be attending the Asia Pacific Precious Metals Conference (APPMC) in Singapore on June 4-6th.
To organise a meeting with him at the event, please click the link.
Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.
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