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Industry news

Prime of prime provider stretches into Europe


14 October 2013 London
Reporter: Georgina Lavers

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Image: Shutterstock
FX prime of prime and B2B liquidity provider, Divisa Capital, has completed the acquisition and rebranding of MBT Financial UK to launch Divisa UK.

The acquisition marks an expansion towards Europe with the opening of its Financial Conduct Authority-regulated London headquarters.

"Our matched principal FCA licence and non-retail focused business model will bring a new level of transparency to this segment of the industry, "said Paul Dufresne, head of operations of Divisa UK.

"With Divisa's advanced ECN technology, our clients and partners can expect deep liquidity and best in class execution." stated Rachel Zhu, head of business development and marketing.

"We offer bespoke forex, bullion, and CFD liquidity to brokers, funds and institutions."
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