FX news: Gain and Standard join forces in retail in South Africa
Gain Capital has partnered with South African bank Standard Bank, to launch a joint FX offering for the retail market, called Standard FX Trader.
The retail offering is the first to be made available by a South African bank.
Richard de Roos, director and head of FX global markets at Standard Bank, says: “For over 140 years Standard Bank has played a key role in the development of the South African economy by providing banking and financial services for the community. We are delighted to be able to work with Gain Capital to extend our existing suite of electronic forex offerings by providing a new offering to our retail customers – greater access to trade forex, the most liquid and actively traded market in the world.”