ATFX Invests in Spark Systems
Posted by Colin Lambert. Last updated: October 12, 2024
FX broker ATFX has unveiled a Series C investment in Singapore-based e-FX technology provider Spark Systems – the size of the investment was not disclosed.
The firms say the partnership is aimed at enhancing ATFX’s institutional services and will explore synergies between both organisations. It also creates opportunities to leverage ATFX Connect liquidity within the platform, they add.
“Investing in Spark Systems aligns with our strategic vision to enhance our institutional offerings and drive innovation in the e-FX space,” says Joe Li, group chairman at ATFX. “We believe that this will benefit both organisations and provide our clients with improved trading solutions, especially in the Asian region.”
Joo Seng Wong, founder & CEO of Spark Systems, adds, “This collaboration with ATFX represents a significant step forward in our mission to deliver exceptional trading solutions. Together, we will empower ATFX clients with enhanced access to liquidity and offer advanced trading capabilities.”
