Z.com UK adds institutional FX liquidity services
GMO-Z.com Trade UK Limited, the London based, FCA-regulated arm of Japanese forex brokerage and online services giant GMO Internet Group, has announced the launch of its Agency FX service.
The service will be offered from its institutional service brand, Z.com Global Markets, which was established in late 2019.
GMO-Z.com Trade UK Limited is a subsidiary company of GMO Financial Holdings Inc. (7177:JP), and an affiliated company of GMO CLICK Securities. These entities form part of the GMO Internet Group, which is headed by GMO Internet Inc. (9449:JP). The group has over 100 subsidiaries worldwide, and a total group market capitalisation of over USD $14 billion.
Z.com Global Markets said that it utilises its extensive liquidity network, with its wide range of direct relationships with primary sources and access to electronic trading networks, to deliver the optimal combination of bespoke market access, best-in-class low-latency technology and comprehensive post-trade analysis. Supported by its experienced team, Z.com Global Markets utilises an array of analytics and technology solutions to ensure that its clients achieve the best outcome possible for pricing, volume availability and execution speed.
Ramy Soliman, Chief Strategy Officer, commented:
“I’m pleased to announce to launch of our Agency FX service, and I believe that the offering we have put together is well-positioned to go above and beyond in meeting the sophisticated requirements of institutional clients, such as smaller hedge funds or tier 2-3 banks, seeking consolidated access to high-quality curated liquidity. By utlitising our direct relationships with tier 1 banks, non-bank providers and leading ECN venues, we’re able to construct a bespoke liquidity solution for our clients to provide unified access to multiple quality sources, which is backed by our experienced team and strong technology offering. By leveraging our strong liquidity relationships, we are able to manage and optimise the pricing we provide to our clients to facilitate the best possible execution experience. We have a number of clients already engaged and ready to use our services, and we look forward to expanding our coverage and working with more counterparties in the coming months.”
Z.com Global Markets’ services are available to regulated brokers, hedge funds, asset managers and banks, and its clients can benefit from curated liquidity pools which include direct relationships with the top Euromoney FX survey 2020 counterparties, giving access to over 83% of global electronic spot FX from one source.
GMO-Z.com Trade UK Limited is a member of the Japan-headquartered GMO Internet Group. It offers prime-of-prime services under its Z.com Global Markets brand, and specialises in providing best-in-class liquidity and technology infrastructure.
GMO Financial Holdings is the parent company of GMO-Z.com Trade UK Limited, and its subsidiary company GMO CLICK Securities Inc., is recognised as one of the largest retail forex providers in Japan, offering a comprehensive range of financial instruments covering foreign exchange, stock trading, futures, options and CFDs to retail investors. The Group’s mission is to create trading platforms and conditions that combine the lowest costs and the greatest ease-of-use possible. Building on its success in the Japanese market, the Group expanded from Tokyo to establish an international presence in the other major financial centers of London, Hong Kong and Bangkok, bringing its services to traders worldwide.
GMO-Z.com Trade UK Limited is authorised and regulated in the UK by the Financial Conduct Authority (firm reference number 622897).
Z.com is the global brand of the Japan-headquartered GMO Internet Group, which provides a comprehensive range of internet services including trading, domains and hosting. One of only three single-character domain names available with the .com top-level domain, Z.com represents the group’s leading range of products and services and commitment to delivering added value to the lives of internet users worldwide.