In the News

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

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On the FX Global Code

One can imagine that institutions that don’t sign up risk losing out on business. Several central banks [have said] they would only maintain counterparty relationships with firms that commit to the Code. 

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11 April 2016, FX Week

Market participants expect BIS survey to show FX slowdown*†

"Over the past three years there has been extensive industry-wide debate related to changes occurring in the PB space and the impact on prime clients, which includes non-bank trading institutions," says Dan Marcus, chief executive of ParFX.

7 April 2016, Markets Media

Prime of Prime FX Market Expands*

Roger Rutherford, chief operating officer at ParFX, told Markets Media: "We plan to roll out a pilot of our prime of prime offering in the next few weeks. Talks with a number of prime clients have revealed their need to trade on models like ParFX."

22 February 2016, FX Week

Price and perfect execution*†

Added to this are ancillary costs such as market data, brokerage fees, volumes traded and connectivity to data warehouses around the world. Combined, these factors have a substantial impact on a firm's bottom line, says Dan Marcus, chief executive at trading venue ParFX.

19 February 2016, FX Week

TCA requires standard benchmark and practices*†

Due to the opacity surrounding these ancillary charges, many market participants have no idea what their peers are paying and if they are getting the best value for money - Dan Marcus, ParFX.

19 February 2016, Finextra

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.

18 February 2016, LeapRate

Are ‘Last Look’ FX platforms getting their last look?*

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.

17 February 2016, Markets Media

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.

4 February 2016, Euromoney

ParFX expands into prime-of-prime business*†

It has been nearly 18 months since ParFX launched its Prime service, which enabled the prime broker banks among its clients to offer liquidity to their buy-side clients. Now it is looking to expand that to the PoP space, casting a wider net and bringing smaller funds into the fold, Euromoney can reveal.

27 January 2016, Reuters

Swiss stocks - Factors to watch on Jan 27*

Compagnie Financière Tradition said its wholesale electronic trading platform ParFX was launching trading in Hungarian forint.

27 January 2016, FX Week

ParFX adds Hungarian forint*†

ParFX, the wholesale electronic platform, today (January 27) announced the addition of the Hungarian forint, alongside five other currency pairs.

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