PRESS RELEASE
TrueFX Announces Clearing Member NetworkAxicorp, FXCM and Velocity Trade partner with TrueFX to provide sponsored access to buyside
FX market participants
For the first time, all FX market participants can now achieve
direct trading relationships with leading market makers
PALO ALTO (26 February, 2020) –TrueFX, a purpose-built OTC market designed for thebuyside, has today announced the launch of the TrueFX Clearing Member network. Axicorp,
FXCM and Velocity Trade are partnering with TrueFX to support customer access to theecosystem.
With this development, clients will have the option to clear through Jefferies FXPB, the central
credit counterparty for TrueFX, or can open an account with a TrueFX Clearing Member todirectly access liquidity on the venue.
The new TrueFX Clearing Member network allows buyside firms of all sizes to access liquidityfrom leading market makers without an intermediary. Firms can now enjoy direct market accessand leading market makers can provide customized pricing bi-laterally to all customers
regardless of direct credit relationships.
“TrueFX is an exceptional step forward in the integration of connectivity, liquidity, clearing andbridging technology. Bringing these services together in one seamless ecosystem allows for
significant costs savings to the end client. Kudos to Integral and Jefferies FXPB for bringing
TrueFX to market. FXCM is happy to be an original Clearing Member on the system.” Said
Brendan Callan, CEO of FXCM.
“The size and scale of our clearing members allows TrueFX to service many more segments ofthe buy-side community. Having introduced significant efficiencies and cost reductions to themarket through TrueFX, we look forward to bringing those savings to the widest possible userbase. The launch of the TrueFX Clearing Member network will accelerate that process.” SaidHarpal Sandhu, CEO of Integral and technology provider for TrueFX.
TrueFX allows for unlimited small tickets and includes connectivity, aggregation and MT4
bridging technology free-of-charge. Participants can register at truefx.com.

About TrueFX
TrueFX is an accessible, low cost, spot trading facility delivered by Integral technology, clearedby Jefferies FX Prime Brokerage, and supported by the world's largest eFX participants. TrueFX
combines centralized credit and technology to deliver a lower-cost and operationally efficientenvironment for counterparties to connect.
About Integral
Integral is a financial technology company that helps its customers - banks, brokers, and asset
managers - outperform their competition in the foreign exchange market through innovative
solutions for workflow management and advanced execution. This powerful cloud-based
platform is the industry’s only answer for FX institutions that want to design and delivercomplete solutions tailored to their businesses. Integral’s modern approach of addressing theentire FX lifecycle with an intelligent platform allows its customers to achieve the lowest
transaction costs, greatest operational efficiency, and highest yield. Founded in 1993, Integral
maintains development, support, and sales offices in Palo Alto, New York, London, Tokyo,
Singapore and Bangalore.
©2020 Integral Development Corp. All rights reserved. Integral technology is protected underU.S. Patent Nos. 6,347,307; 7,882,011; 8,417,622; 8,862,507, 9,412,134; 9,836,789, and patentpending applications and related intellectual property. Additional information is available athttps://www.integral.com
For media inquiries, please contact:
Integral, +44 207 154 8019 integral@aspectusgroup.com