ParFX is a low-cost, convenient and equitable venue for sourcing spot FX liquidity in a range of key currency pairs. Open to all professional institutions able to settle via CLS, and including those utilising the credit of their prime broker, ParFX delivers equal access, regardless of the institution’s size or technology spend, to like-minded counterparties with a genuine interest – and need – to trade.
ParFX has been designed to be integrated easily and quickly into participants’ existing trading systems. Global access to the platform is via industry-standard FIX protocol API, with low monthly connection fees and no need for new technology spend. Firms can also elect to access the platform utilising the credit of their prime bank, via ParFX Prime.