FXall announced the opening of a new office in Mumbai, India, expanding its growing presence in Asia-Pacific and globally.
Phil Weisberg, FXall CEO said, "Our expansion into India emphasizes the growing importance of Indian customers and the impact the region is having on the global FX market."
FXall will become an accredited FEDAI (Foreign Exchange Dealer's Association of India) member, complying with the new FEDAI guidelines to provide members with integrated access to the best foreign exchange liquidity available.
"Mumbai is a strategic location to begin our growth in this region," said Jonathan Woodward, head of FXall Asia. "FXall's expanded presence will help us partner more closely with Indian banks, forging deep relationships and strategic execution partnerships to oo further expand our offering. In time, we plan to significantly expand our client base and provider network within this market to increase our geographical footprint in India."
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