BYFX HK Inks Agreement with Barclays to Access FX Liquidity

[kreslik.news]

BYFX HK Co., Limited, a provider of institutional liquidity solutions and foreign exchange (forex) trading, announced today that it has signed an ISDA Master Agreement with multinational investment bank Barclays PLC.

An ISDA (International Swaps and Derivatives Association) Master Agreement is the most commonly used master service agreement internationally for over-the-counter (OTC) derivatives transactions.

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As per the agreement between BYFX HK and Barclays, the two firms can now enter into forex transactions. This means the Hong Kong-based company will have access to the liquidity of interbank players, using Barclays as ... (read more)