LONDON, 13 November 2012 – MahiFX, the online foreign exchange (Forex/FX) trading platform, has launched a new online Currency Converter tool. Featuring real time and in-depth historical exchange rate data ranging from a previous 5 minutes to 6 months timeline, the proprietary tool gives Forex traders, holiday makers and other consumers, access to current foreign exchange rates along with insight into recent fluctuations and trends in specific major world currencies.
Featuring the platform’s signature clean and simple design, the free interactive MahiFX Currency Converter tool will enable users to quickly and easily find out the exchange rate for a particular currency pair.
Commenting on this latest platform enhancement, David Cooney, MahiFX CEO said: “Currency exchange rates are of interest to a wide range of people, not just to Forex traders. We are very pleased to be able to offer this newly developed tool to anyone keen to access live market data and to better understand and visualise historical trends in currency exchange rates – whether that’s for forex trading purposes, planning a holiday or investing overseas.”
MahiFX is headed by David Cooney, former global co-head of currency options and e-FX trading at Barclays Capital and responsible for the award winning e-commerce platform BARX and Susan Cooney, former head of e-FX Institutional Sales in Europe for Barclays Capital. Operating as a market maker, MahiFX provides traders direct access to institutional level execution speeds and spreads through its proprietary-built fully automated pricing and risk management technology, lowering the cost of retail trading.
- ENDS- Notes for Editors: About MahiFX forex trading platform MahiFX launched its new proprietary-built browser-based foreign exchange (Forex) trading platform in February 2012.
Developed by a team of ex-interbank traders, analysts, statisticians and developers, MahiFX provides retail FX customers access to the same tight spreads and cutting edge technology as institutional FX traders. Prices are tradeable – there are no ‘from’ prices, hidden costs, slippage, re-quotes or minimum trade sizes. Traders also have access to news and economic updates around the clock.
MahiFX global operations are headquartered in Christchurch, New Zealand with offices in London, UK with development and support teams in both locations for 24 hour service. The company is regulated by The Australian Securities and Investments Commission (ASIC), Australia’s corporate, markets and financial services regulator.
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