FX Transparency Opens London Office on Growing FX TCA Demand

LONDON, December 8, 2011 -

FX Transparency (”FXT”), an independent provider of FX transaction-cost analysis (FX TCA) and currency-execution consulting, today announced it has opened an office in downtown London at 12 Leadenhall Street. The move comes as FX Transparency continues to realize increasing global demand for its FX TCA and execution consulting services.

“Monitoring currency trading costs is not just an issue for U.S. funds and investment managers,” says James McGeehan, FX Transparency’s CEO. “Any investor transacting outside their native currency is exposed to the same costs and risks, especially when it comes to standing instruction orders.”

Since founding FX Transparency in April 2009, CEO McGeehan and COO John Galanek have helped their growing roster of institutional clients quantify and reduce their currency-trading costs. FX Transparency offers clients the unique FXT Peer Universe™ program as well as ground-breaking research on trading costs related to standing-instruction (or commonly “non-negotiated”) FX trades.

“We know that the needs of our clients are not just U.S.-based, and with our new London office, we are better able to meet growing demand for FX Transparency’s services across Europe and Asia,” says Galanek. “The data confirms that standing instruction orders are geographically agnostic. European investors are just as exposed to the risks of non-negotiated FX trades with their prime brokers and custodian banks, and the more information you have, the better your execution processes will be.”  

To read FX Transparency’s market analysis as well as its executives’ thought leadership on the latest FX TCA and currency-execution trends, please visit the FX Knowledge Hub.

About FX Transparency, LLC

FX Transparency is an independent provider of foreign exchange transaction cost analysis (FX TCA) and currency execution consulting. The firm’s mission is to quantify and reduce currency-trading costs for all institutional buy-side market participants. FX Transparency was founded in April 2009 and has offices in Framingham, Mass., and London. For more information about FX Transparency’s TCA services or to see how your company’s execution costs compare to others using the FXT Peer Universe™ program, please visit our website at www.fxtransparency.com.

James McGeehan, FX Transparency, LLC, +1-508-283-5850, jmcgeehan at fxtransparency.com