About Us

Designed by Tradition – one of the world’s largest interdealer brokers in over-the-counter financial and commodity-related products – in conjunction with a group of the world’s leading FX banks, ParFX brings renewed transparency and equality to global wholesale electronic spot FX trading.  

The platform’s unique matching mechanism applies a meaningful randomised pause to all order submissions, amendments and cancellations. This firms liquidity by creating a genuinely level playing field for all participants regardless of technological sophistication, financial strength or volumes traded.

Other benefits include:

  • Enhanced trade cycle transparency – lit pre-trade, full disclosure post-trade
  • Reduced need for internalisation – lowers unwanted carried risk and increases market liquidity
  • Low-cost and easy access through industry-standard FIX protocol API or white-labelled GUI
  • Democratic incorporation of trading costs into actual transaction
  • Transparent trading pricing set equally for all users at USD 2.0 per million USD equivalent
  • At-cost market data distributed in parallel to all active participants

ParFX is open to all professional institutions able to settle via CLS and delivers a low-cost, convenient and equitable venue for sourcing FX liquidity to those participants with a genuine need to trade. ParFX is open to non-bank institutions as well as banks, extending access to hedge funds, asset managers, pension funds and corporations utilising the credit of their prime bank.

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Contact Us

To discuss how ParFX
can support your trading
needs, please e-mail
sales@parfx.com or call
+44 (0)20 7198 1575. 

    FOW 2015 award

    The Banker award 2015

FX Week Award 2014