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Finalto Launches Gold Yen

Finalto Launches Gold Yen

 

Finalto has expanded its Bullion offering to include a new synthetic instrument based on Japanese Yen.

The instrument Gold Yen (XAUJPY) has been created as part of the bullion and precious metals offering.

The newest addition to the product line is another asset that caters to the Asian market, specifically Japan, Singapore and Australia. This asset allows clients to hedge gold positions quoted in Japanese Yen.

“This addition to our bullion offering cements Finalto’s position as a leading liquidity provider able to quickly recognise client needs and uniquely positioned to react, innovate and implement updates,” said Alex MacKinnon, CEO at Finalto Asia.

 

“Furthermore, this new asset illustrates Finalto’s continued commitment to the Asia region.”

Finalto has been investing in its global presence and has recently launched its New York and Singapore Data Centres, in order to improve outcomes for clients no matter where they are around the world.

MacKinnon will be attending the Asia Pacific Precious Metals Conference (APPMC) in Singapore on June 4-6th.

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