Performance Considerations in FX Trading Platforms*†
Performance Considerations in FX Trading Platforms*
Another venue adopting a similar approach is the recently launched ParFX, which applies a random pause to every order entering its system. Dan Marcus, CEO of ParFX, explains how this works: “Every single message that comes into ParFX - whether that’s an order submission, cancel or replace - is subject to a randomized pause for any period between twenty and eighty milliseconds. We use this period because it’s meaningful enough to nullify anyone who is aiming to game, but meaningless enough for anyone who wants to actually trade spot FX for hedging purposes."
Toby Green: A fairer spin for the forex dealing coin*
Column piece from City News Editor Toby Green on high frequency trading in FX, and how London-based ParFX (referred to as London’s version of IEX) is offering a solution that levels the playing field in the $5.3 trillion a day market.
High Frequency Trading: Trouble Ahead?*
Is high frequency trading - super fast trading via computers - making financial markets impenetrable to ordinary investors?
Citi and J.P. Morgan join ParFX as founder banks
ParFX, the wholesale, global spot FX electronic trading platform, has confirmed the addition of Citi and J.P. Morgan to its rapidly growing founder bank community.
ParFX announces SocGen as 12th founder bank
Bank of America Merrill Lynch also begins trading on platform.
ParFX, the wholesale electronic trading platform delivering renewed transparency and equality in global spot FX, has confirmed Société Générale (SocGen) as its latest founder bank.
Tradition launches ParFX trading platform
A new and more efficient way to trade wholesale FX spot.
Tradition, the leading global interdealer broker, today announced the launch of ParFX, its new spot FX trading platform.
Additional banks sign-up to TraFXpure initiative
Platform to be renamed 'ParFX' ahead of imminent launch.
Tradition, the leading global inter-dealer broker, has today announced that two further global banks have confirmed their support of the TraFXpure spot FX trading platform, adding to the already-substantial industry support for the initiative.
Founder testing underway on traFXpure platform
Tradition today confirms that testing is now underway with founders and selected independent software vendors (ISVs) on its new spot FX trading platform, traFXpure