20 July 2022 - Digital brokerage, GCEX (GCEX Group) announces 24/7 FX trading for institutional and professional clients. This mirrors its digital assets offering, which provides 24/7 crypto trading.
Lars Holst, CEO, GCEX explains, “This is a significant announcement and another example of how GCEX is pushing boundaries and leading the way. It is the industry norm for FX shops to be closed at the weekend but we believe this will change and that money should be moving during the weekend, too.”
“Adapting our offering to 24/7 FX trading has been relatively simple as we are already open all hours for crypto trading and are used to providing high levels of service at weekends. I think most of the demand for this will be from payment providers. If people are using credit cards at the weekend, for example, why should the payment providers have to wait until Monday morning to settle the transactions?”
GCEX is regulated by the FCA in the UK and the FSA in Denmark, and recently announced provisional regulatory approval by the Virtual Assets RegulatoryAuthority in Dubai (VARA) to operate as a crypto exchange.
Founded in 2018, GCEX provides a best-of-breed digital asset and FX platform, with partnerships with Tier 1 and trusted liquidity providers, lending counter parties and digital custody institutions.The firm’s ground-breaking innovation comes from integrating all the components, resulting in far more than the sum of its parts. GCEX offers a wide range of products and technology solutions including White Labels.
The Future of Digital Brokerage. The Future of Digital Assets.
The content of this website is for professional and institutional clients only. It is not directed to Retail Clients or residents of any jurisdiction where trading in FX, CFDs and/or digital assets is restricted or prohibited by local laws or regulations. FX and CFDs are leveraged products that can result in losses exceeding your deposit. Trading of these products and digital assets carry a high level of risk, and may not be suitable for everyone. Before deciding to trade you should carefully consider your objectives, financial situation, level of experience and risk appetite.
GCEX is a trading name of GC Exchange Limited a company incorporated in England and Wales (No11382809) with registered address at 75 King William Street, London. EC4N 7BE. GC Exchange Limited is authorised and regulated by the Financial Conduct Authority (FRN 828730). Digital asset services are provided by GC Exchange A/S, a company incorporated in Denmark (CVR 43088777) with address at Amager Strandvej 390, 2770, Kastrup. GC Exchange A/S is authorised by the Danish Financial Supervisory Authority as a Currency Exchange (FTID 45020) and registered as a Virtual Asset Service Provider (FTID 17524) under the AML regulation.