COESfx Inc. (www.coesfxasia.com) is expanding into the Chinese market and will provide a proprietary trading platform for Asian forex retail traders that enables direct online trading of foreign currency. Sometimes referred to as a “currency ECN,” the COESfx Level 1 trading platform is an electronic currency network for the execution of foreign exchange trades.
“The launch of COESfx Asia represents another significant milestone in the expansion of the forex industry,” says Ronald Balzano, president of COESfx. “Using our proprietary technology to provide a transparent environment for forex trading, we hope to change the way people think about and execute currency trading.”
According to the China Interbank Trade System, China’s daily trading volume represents $275 million per day.
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