Prime-of-Prime: A Risky Business?*†
“There are tight agreements between the PB and the prime-of-prime broker in terms of the level of permitted risk and type of controls they have in place at the prime-of-prime client level,” explains Roger Rutherford, COO of ParFX.
P&L Chicago attracts the best and the brightest from the FX world
By Robert Parr, Head of Business Development at ParFX
Once again, I attended Profit & Loss Forex Network in the heart of Chicago, a conference that has become a staple in my calendar.
High-frequency trading: Speed is not the only game in town*†
“The race has become a lot faster, with an increasing number of participants in a diminishing game,” says Roger Rutherford, Chief Operating Officer at ParFX, a spot FX trading platform founded by some of the world’s largest FX trading institutions.”
Forex Network Chicago
ParFX is a Silver Sponsor of the event and hosted the coffee breaks at Forex Network Chicago.
How to combat bad trading behaviour in the FX market*
Roger Rutherford, Chief Operating Officer at ParFX, speaks to bobsguide about the tech (r)evolution in the FX market, the impact of bad trading behaviour, and why an equal and fair platform is good for all.
ParFX lands in Barcelona for TradeTech FX
Robert Parr, Head of Business Development at ParFX
Billed as ‘Europe's Leading FX Trading Event’, I departed for my inaugural TradeTech FX in Barcelona last week with high expectations and wasn’t disappointed...
FXPB: Which Way is the Pendulum Swinging?*†
“After the SNB event there was a shift — risk and oversight departments started to increase control of the trading floor and credit officers started getting involved. This caused a shake-up predominantly in the prime brokerage space, but it also had an impact across trading in general,” says Roger Rutherford, COO at ParFX.
TradeTech FX Europe
ParFX attended TradeTech FX Europe in Barcelona.
Buy-side gets up to speed on FX*†
In line with the rest of the industry, buy-side traders have observed trends such as rising market data costs and the negative impact of disruptive trading behaviour on their execution strategies, adds Roger Rutherford, Chief Operating Officer at ParFX.
“With this in mind, they are increasingly looking for trading environments that facilitate access to firm, stable liquidity, transparent pricing and efficient execution,” he says.
FX: XTX’s ‘zero hold time’ adds to debate over ‘last look’ practices*†
XTX believes that during the next year or so, the other major liquidity providers are likely to eliminate the hold window, although ParFX COO Roger Rutherford accepts that the market is only at the start of a change in how hold times and latency buffers are amended or removed.