Press Releases

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Read the latest news from ParFX. For media enquiries, please contact Chatsworth Communications or call +44 (0)20 7440 9780.

Holding timers must be transparent and clear to all

There are legitimate uses for a holding timer in some circumstances, but those uses need to be transparent and clear to all pre-trade.

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23 September 2015

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.

3 August 2015

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...

13 March 2015

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.

11 September 2014

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. 

19 August 2014

ParFX named Technology Project of the Year

ParFX, the wholesale electronic trading platform delivering renewed transparency and equality in global spot FX, has been named Technology Project of the Year in the Dealing/Trading category by The Banker magazine, in recognition of its success in introducing fairness and equality into the world’s largest financial market – foreign exchange.

18 July 2014

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.

12 February 2014

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.

12 December 2013

ParFX joins FXecosystem global FX Meet-Me-Room™

FXecosystem Inc, a leading connectivity provider to the FX market, announced today that new spot FX platform ParFX has joined its global Meet-Me-Room (FX MMR™). 

5 December 2013

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.

13 August 2013

ParFX Selects Equinix London Data Center

New ParFX global foreign exchange platform gains access to Equinix's financial ecosystem.

Equinix, Inc.(Nasdaq: EQIX), the global interconnection and data center company, today announced that ParFX, the new Tradition-owned wholesale electronic spot FX trading platform, has launched from Equinix’s London Slough International Business Exchange™ (IBX®) data center campus.

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