Trading Behavior Trumps Speed Bumps*
Roger Rutherford, COO of ParFX, which introduced a randomized matching pause several years ago on its platform, noted there has been what he says is a “dramatic rise” in speed-based trading over the past decade and that by removing speed as a key factor of success, there is a renewed focus on trading behavior, with greater quality and certainty of execution.
Trading Behavior Trumps Speed Bumps*†
Roger Rutherford, COO of ParFX, which introduced a randomized matching pause several years ago on its platform, noted there has been what he says is a “dramatic rise” in speed-based trading over the past decade and that by removing speed as a key factor of success, there is a renewed focus on trading behaviour, with greater quality and certainty of execution.
Trading Firms Cry “Last Look” in the Futures Market*
XTX even argues that the ICE proposal is not a novel one, and says that it is part of a growing trend of similar mechanisms that other platforms have introduced to protect market makers from latency arbitrage strategies, citing 12 different examples – including Eurex, EBS Market, Thomson Reuters (now Refinitv) Matching, ParFX and Moscow Exchange that have all introduced such mechanisms for their FX markets.
ParFX Plans Push into Derivatives*†
ParFX is exploring an expansion into currency derivatives, eyeing the opportunity to bring the principles behind its wholesale electronic spot foreign exchange platform to a growing segment of the market.
ParFX takes first step for moving into NDFs*†
ParFX is exploring an expansion into non-deliverable forwards, eyeing the opportunity to bring the principles behind its wholesale electronic spot foreign exchange platform to a growing segment of the market.
Speed Bumps: Anti-Latency Arbitrage Mechanisms Make Markets Better*†
The concept is already popular in FX, with major venues such as Reuters Matching, EBS Market and ParFX all utilizing some form of tech-based ALA mechanism. Moscow Exchange has also announced that it will be adding an ALA mechanism to its Rouble market.
CEO CHAT: Dan Marcus, ParFX*
Traders Magazine recently caught up with Dan Marcus, Chief Executive Officer of ParFX, who discussed how his firm fits into this unique ecosystem - how it is helping shape the FX Global Code of Conduct and ParFX’s technology designed to make trading more efficient and fair.
FinTech Breakthrough Recognizes Standout FinTech Companies and Solutions in 2019 Awards Program*
The 2019 FinTech Breakthrough Award winners include: … Investments - Best Trading Platform: ParFX.
CEO CHAT: Dan Marcus, ParFX*
Traders Magazine recently caught up with Dan Marcus, Chief Executive Officer of ParFX, who discussed how his firm fits into this unique ecosystem – how it is helping shape the FX Global Code of Conduct and ParFX’s technology designed to make trading more efficient and fairer.
ParFX: More of the Same*†
In 2013, the FX Pure initiative resulted in the launch of ParFX and now, almost 10 years on from the original inception of the idea, Roger Rutherford, the COO of ParFX, insists that the model and its underlying principles are as relevant today as it’s ever been.