Thomson Reuters to roll out randomisation in June*†
Randomisation was first introduced to foreign exchange markets in April 2013 by ParFX. When the platform launched it started applying a randomised pause of 20–80 milliseconds on all orders.
FX Invest North America
ParFX attended FX Invest North America.
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.
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."
FX Invest Europe
ParFX attended FX Invest Europe.
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.
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.
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.
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.
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.