A Hard Look at Last Look in Foreign Exchange*
ParFX, an FX venue owned by Tradition, does not utilize last look, the firm’s CEO told the Financial Times, citing advances in trading technology and the need for firm prices.
ParFX launches trading in Hungarian forint
ParFX, the wholesale electronic trading platform, today expanded the number of currencies offered on its platform with the addition of the Hungarian forint (HUF).
In recent years, the Hungarian forint has become increasingly popular among the global FX trading community, with approximately 90% of Hungarian forint trades executed outside of Hungary’s domestic borders. According to the Bank for International Settlements, it is one of the 25 most actively traded currencies in the world.
ParFX Expands Platform to Include Hungarian Forint*†
ParFX has responded to an increase in global demand for the facility to trade HUF, which according to the Bank for International Settlements, is one of the 25 most actively traded currencies in the world. Alongside HUF, ParFX has also introduced six new currency pairs - UD/JPY, NZD/JPY, USD/SEK, USD/NOK and USD/DKK - to the platform.
ParFX launches trading in Hungarian forint*
ParFX, the wholesale electronic trading platform, today expanded the number of currencies offered on its platform with the addition of the Hungarian forint (HUF).
ParFX launches trading in Hungarian forint*
The introduction of EUR/HUF to ParFX follows the recent addition of the forint to the CLS settlement system, and has been welcomed by the platform’s growing customer base.
ParFX adds six currency pairs to offering*
ParFX, the wholesale electronic trading platform owned by interdealer broker Compagnie Financiere Tradition SA (SWX:CFT), today announces a set of additions to its trading instruments lineup.
Compagnie Financière Tradition : ParFX launches trading in Hungarian forint*
ParFX, the wholesale electronic trading platform, today expanded the number of currencies offered on its platform with the addition of the Hungarian forint (HUF).
‘Last Look’ to Remain Hot Topic in FX*
ParFX, the wholesale spot foreign exchange electronic trading platform, said the practice of last look was one of the most topical issues of last year and will likely remain so in 2016.
Redefining trading*†
2015 was an exciting year in foreign exchange markets, as volatility made its return and the promise of new technologies dominated the headlines. The landscape of the market has changed significantly in the past 12 months, with several key developments leaving the industry - and ParFX - quietly confident as we move into 2016.
Forex investors ready to bid farewell to 'last look' abuses *†
ParFX, a foreign exchange venue owned by Tradition, a Swiss interdealer broker, does not have last look. "We don't promote 'non-firm' liquidity - that would completely nullify what we're all about," says Dan Marcus, chief executive. "You could have a single dealer doing a structured trade for a customer, but you wouldn't put the entire trade on the spot FX platform. You may, however, submit a leg or use the platform to hedge."