“A combination of higher capital requirements, higher costs and reduced profitability has meant that banks are no longer offering the credit facilities institutions need to trade FX.”
Abu Dhabi-based online Forex and CFD broker ADS Securities LLC, has just announced the launch of its Prime-of-Prime (PoP) product for FX providers that either don’t have an existing prime broker (PB) or need additional credit lines along with access to either their own liquidity sources or from ADS’s liquidity.
ADS created its new PoP product offering after it saw an opportunity to utilize its strong relationships with existing PBs along with its ... (read more)