ParFX supports adherence to FX Global Code of Conduct
ParFX, the wholesale electronic trading platform, has issued an official statement in support of the recently launched FX Global Code of Conduct. The Code outlines a single set of principles to promote integrity and effectiveness across the global foreign exchange market.
ParFX launches trading in Hungarian forint
ParFX, the wholesale electronic trading platform, today expanded the number of currencies offered on its platform with the addition of the Hungarian forint (HUF).
In recent years, the Hungarian forint has become increasingly popular among the global FX trading community, with approximately 90% of Hungarian forint trades executed outside of Hungary’s domestic borders. According to the Bank for International Settlements, it is one of the 25 most actively traded currencies in the world.
Tradition wins prestigious interdealer broker and SEF of the year awards
Tradition, one of the world’s largest interdealer brokers in commodity and financial products, has won the Interdealer Broker (IDB) of the Year and SEF of the Year titles at the FOW International Awards, presented last night.
The FOW International Awards for 2015 took place in London and recognise the leaders in derivatives trading, brokerage and technology innovation. Tradition won the top accolade awarded to interdealer brokers for the second consecutive year, as well as the prestigious SEF of the Year award.
ParFX boosts currency offering with addition of offshore renminbi
ParFX, the wholesale electronic trading platform, today announced the addition of the offshore renminbi (CNH) as it expands the number of tradeable currencies offered on the platform.
The USD/CNH pair went live on 14 September 2015 following extensive testing, and is a result of global demand from ParFX’s founder banks and customer base, which has expanded significantly since the platform’s inception in June 2013.
ParFX Prime wins The Banker’s Trading Platform Project of the Year
ParFX Prime, the new prime brokerage service from wholesale global spot FX electronic trading platform ParFX, has been named Trading Platform Project of the Year by The Banker magazine.
This year’s achievement follows The Banker’s 2014 Awards, in which ParFX was named Technology Project of the Year. As an extension of ParFX, ParFX Prime enables buy-side institutions and small to medium sized banks to utilise the credit of...
Market structure evolution - by Dan Marcus, CEO, ParFX
As 7,000 of the great and the good from across the financial services industry descended on Boston in September for the annual SIBOS conference, one theme above all dominated the speeches, panels and bar conversation: The three ‘Rs’ of regulation, regulation, regulation.
Leading buy-side firms complete first trades on ParFX as Prime service goes live
ParFX, the wholesale global spot FX electronic trading platform, today announced the completion of the first trades via ParFX Prime, its new prime brokerage service for the buy-side FX community.
ParFX named e-FX initiative of the year by FX Week
ParFX, the wholesale electronic trading platform delivering renewed transparency and equality in global spot FX, has received FX Week’s coveted e-FX initiative of the year award for its efficient, transparent and versatile solution to spot FX trading.
Citi and J.P. Morgan join ParFX as founder banks
ParFX, the wholesale, global spot FX electronic trading platform, has confirmed the addition of Citi and J.P. Morgan to its rapidly growing founder bank community.
ParFX announces SocGen as 12th founder bank
Bank of America Merrill Lynch also begins trading on platform.
ParFX, the wholesale electronic trading platform delivering renewed transparency and equality in global spot FX, has confirmed Société Générale (SocGen) as its latest founder bank.