ParFX is open on an equal basis to all participants with access to CLS settlement services, delivering a fair trading environment and equal access to trading opportunities for everyone.
The meaningful randomisation applied to all order submissions, amendments and cancellations is designed to encourage a level playing field for participants whatever their technological or financial strength.
Trading costs are equally applied to all participants and democratically incorporated into actual transaction. Market data is distributed – at cost and in parallel – to all active participants.