Fenics FX helps GFI in Asia

"Over the past year, GFI’s sales growth in the region has been around 500%, of which the majority of sales have been in FX," James Watson, global head of sales for GFI told FX Week. Although Watson expects the credit default swaps services offered by the company to play an increasing role in GFI’s development, he said "FX continues to be strong and a big growth sector."

Reasons for growth

Watson said the increase was fuelled by a combination of factors. Primarily, staffing growth: "We take the