Buyside Urged to Help Fix FX*
Dan Marcus, chief executive of currency trading platform ParFX, said in an email that the code aims to instil the notion of truly ethical behaviour for all participants, and outlines an effective framework that, amongst other things, promotes responsible and sustainable trading behaviour.
FX Global Code of Conduct Launch Finds Support Across the Industry*
The CEO of ParFX Dan Marcus adds: “This initiative sets out guidelines and principles that will strengthen the integrity and effectiveness of the FX market. The Code aims to instil the notion of truly ethical behaviour for all participants, and outlines an effective framework that, amongst other things, promotes responsible and sustainable trading behaviour. These key values now need to be hardwired into the FX market.”
Hardwiring Best Practices into Spot FX Trading Venues*†
ParFX is underpinned by four key pillars: eradicating disruptive trading behavior through a matching methodology that applies a meaningful randomized pause; a transparent post-trade environment where all counterparties – banks and non-banks – can be identified; distributing market data in parallel at no extra cost, which removes the ability to buy an advantage; and a flat and clear fee structure, which ensures all participants receive equal treatment and do not benefit from volume discounts or special deals.
FX Week is proud to announce the 14th annual e-FX Awards shortlist*†
FX Week shortlist ParFX for this year’s ‘Best e-FX trading venue’ award category.
ACI World Congress, Dublin
ParFX hosted the coffee breaks at the ACI World Congress in Dublin.
ParFX wins ‘Best Trading Platform’ at FinTech Breakthrough Awards 2017
ParFX, the wholesale electronic trading platform, has been named ‘Best Trading Platform’ at the inaugural FinTech Breakthrough Awards.
The FinTech Breakthrough Awards honour excellence in products, people, services, technologies and companies focused on financial technology. The ‘Best Trading Platform’ category recognises ParFX’s success in creating an efficient and future-proofed model for spot FX.
FinTech Breakthrough Announces Winners of Inaugural Awards Program*
FinTech Breakthrough, an independent organization dedicated to helping the best financial services and technology products and companies "Break Through" the crowded FinTech industry, today announced the winners of the inaugural FinTech Breakthrough Awards program.
Best Trading Platform: ParFX
ParFX wins ‘Best Trading Platform’ at FinTech Breakthrough Awards 2017 *
ParFX, the wholesale electronic trading platform, has been named ‘Best Trading Platform’ at the inaugural FinTech Breakthrough Awards.
Smart but not fast: how technology is democratizing FX*
ParFX, a subsidiary of the Tradition Group operating a first pillar – trying to eradicate poor behaviour driven by latency advantages,” says Roger Rutherford, Chief Operating Officer at ParFX in London.
Regardless of Article 50, London Remains at the Heart of the FX Industry*
Dan Marcus, CEO of ParFX and Global Head of Strategy and Business Development at Tradition, said: “The geographical location is not necessarily a barrier to trading and it is theoretically possible for trading and liquidity to shift from one jurisdiction to another if the conditions are more favorable.”