In the News

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Read the latest news and views from the heart of the FX market.

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ParFX – Best e-FX trading venue of the year

The call for fairness, equality and transparency from our founders is reflected in the FX Global Code and aligns strongly with our core values. ParFX is, without doubt, as relevant and differentiated now as it was then.

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15 February 2019, FX Week

How tech will transform FX next: what the industry thinks*

These transformational technologies are what will form the opportunities, benefits and challenges for FX market participants in the future, according to Roger Rutherford, the chief operating officer at ParFX, one of the 130 market participants that took part in the mid-2018 study.

14 February 2019, FOW

CFTC consults on controversial speed bumps*†

Last October the COO of Tradition-owned FX trading platform ParFX argued speed bumps are needed to curb “bad trading”.

13 February 2019, Euromoney

Bank of England FX data show shift to options for hedging*

More generally, financial markets were operating in a risk-off environment through and beyond October, explains Roger Rutherford, chief operating officer of ParFX, noting that GBP’s share of daily market turnover was down from 16.7% in April 2018 to 16.1% last October.

12 February 2019, Tabb Forum

MEMX Is a Cautionary Tale for Market Operators: Ignore Customers at Your Peril*†

The launch of new member-owned stock exchange MEMX is a concrete example of the collective power market participants can wield in the face of opaque pricing and a lack of transparency – and a cautionary tale to incumbents that refuse to listen to their customers. 

11 February 2019, Traders

MEMX Is a Cautionary Tale for Market Operators: Ignore Customers at Your Peril *

The launch of new member-owned stock exchange, MEMX, is a concrete example of the collective power market participants can wield in the face of opaque pricing and a lack of transparency – and a cautionary tale to incumbents that refuse to listen to their customers.

11 February 2019, FOW

MEMX: a wake-up call for other markets – ParFX*†

According to Roger Rutherford, chief operating officer at spot FX platform ParFX, the newly formed Members Exchange (Memx) is a prime example that institutions which are disillusioned with existing services can take matters into their own hands.

31 January 2019, Financial Times

Crypto brokers ignore market collapse to woo pro investors*†

“We are building a market infrastructure for institutional level crypto trading. The whole point of the project is to test the appetite for crypto trading at the very top level of institutional trading. We’ve done this before with ParFX and I think we can do it again this time,” Mr Adams told the Financial Times.

30 January 2019, FX Week

FX turnover in UK slips from previous record high*†

“The report is an accurate reflection of the bouts of higher volatility in both major and emerging market currencies, with the 17% rise in Chinese yuan turnover testament to this,” says ParFX’s Rutherford.

30 January 2019, E-Forex

The FX Global Code - An overview of progress to date – E-Forex*

We asked Roger Rutherford, COO of ParFX and a member of the ACI FX Committee who has been involved in the establishment of the Code from the outset, to tell us more about this initiative and to provide an update on the working groups the GFXC has created to focus on four priority areas: “cover and deal” trading activity, disclosures, buy-side outreach, and integration of the Code in the FX market.

29 January 2019, Financial Times

London’s renminbi trading eclipses pound-euro*†

“The report is an accurate reflection of the bouts of higher volatility in both major and emerging market currencies, with the 17 per cent rise in Chinese yuan turnover testament to this,” said Roger Rutherford, chief operating officer at trading platform, ParFX.

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