Korean securities broker, Leading Investment & Securities, has unveiled a margin foreign exchange (FX) trading service through an online trading FX direct market access (DMA) platform, Finextra reports. The margin FX trading service will be launched in early November, following a pre-launch period, in which demonstration platforms will be given to interested clients.
The service will be available in partnership with advanced markets, a U.S. futures commission merchant and forex dealer member (FDM), which offers DMA. Leading’s client funds will be deposited at Macquarie Bank in a custody account under its name, instead of a FDM account.
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