Record turnover in UK FX market in October last year says BoE/JSC survey*
"But there are also reasons for optimism; the increased trading levels observed in September and October following a small, albeit significant uptick in volatility, is a clear indication that the market has enormous potential to grow if and when volatility returns for a sustained period," says Roger Rutherford, chief operating officer of ParFX.
Market making pays off for HFTs amid currency turmoil*†
In September last year, Virtu, along with GSA Capital, announced they had become a market maker on ParFX, an FX market launched by Tradition and 14 banks in 2013.
Fair Play*†
ParFX is one FX venue that has tried to change the nature of currency trading by pioneering features such as a randomised pause of 20-80 milliseconds on all order submissions, amendments and cancellations
Time is ripe to embrace innovation*†
Dan Marcus and Roger Rutherford on the need to embrace innovation as well as the key themes likely to shape 2015.
Interdealer Brokers: Creating Market Structure Solutions from Within*†
This cooperative model has since been adopted by participants in the spot foreign-exchange market and led to the creation of ParFX, a spot FX trading platform.
Market innovations restoring confidence in FX, says Tradition*
Tradition’s part in this has been to create ParFX, designed to create a level playing field for traders regardless of size, technological sophistication, financial clout or volumes traded.
Trading in FX – Series Part One: Current Market Overview, Challenges and Opportunities*†
Rob Parr, Global Head of Business Development at ParFX, on what factors firms across the ecosystem of the global FX markets should consider in order to not just survive, but thrive in this dynamic ever changing environment.
September Forex Industry Review - Draghi Picks up New Fans While FXCM and Monex Deal*
ECNs such as EBS, ParFX and Reuters, have aimed at providing a solution for their large trading customers using randomized fills and wider minimum tick sizes.
ParFX Prime*
e-Forex talks with Roger Rutherford, Chief Operating Officer at ParFX, about the launch of ParFX Prime.
EBS is no longer a one-trick pony*†
One major gripe for manual traders at banks was the decrease in ticket sizes, which hampered their ability to execute trades in large sizes, and this was partly the reason why banks set up rival interbank platform ParFX.