The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX news: Gain and KIS are TrueFriends

Gain Capital announced on Monday that it has been selected as a primary clearing partner for Korea Investment & Securities (KIS).

KIS is a subsidiary of Korea Investment Holdings, Korea’s largest non-bank financial holding company. Gain, which opened an office in Seoul last year, is now providing KIS with real-time pricing, execution, settlement and custody services in support of its recently launched margin FX business, TrueFriend.com.


Jin Tae Kim, managing director at KIS, says: “We selected Gain because of their robust technology infrastructure, their ability to meet our aggressive time-to-market goals and, most importantly, their professional reputation.


“We are confident that our clients will be extremely pleased with the competitive spreads and the quality of trade executions provided by Gain. We look forward to working closely with Gain as we continue to grow our FX business.”


Tom Levine, senior vice-president of institutional sales at Gain, says: “We are delighted to partner with KIS as they are a leader in retail brokerage with a reputation for excellent customer service. We’re fully committed to helping all of our partners in Korea take advantage of the tremendous opportunity in retail FX by providing the technology, resources and financial stability they seek.”




You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree