ParFX Expands Platform to Include Hungarian Forint

FX trading platform also adds six new currency pairings for European, American and Asian currencies.

City of London
ParFX is operated by interdealer broker Tradition, based in London.

ParFX has responded to an increase in global demand for the facility to trade HUF, which according to the Bank for International Settlements, is one of the 25 most actively traded currencies in the world. Alongside HUF, ParFX has also introduced six new currency pairs ─ UD/JPY, NZD/JPY, USD/SEK, USD/NOK and USD/DKK ─ to the platform.

"The addition of the Hungarian forint and other currency pairs is in line with our aim to increase ParFX's global reach - both in terms of the range of participants and currencies traded," says Dan Marcus, CEO of ParFX. "The HUF in particular has been identified as a currency with considerable growth potential, and there is strong interest from customers to trade it in the fair and transparent environment offered by ParFX."

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