BIS Releases New Set of Standards for Currency Trading*†
Roger Rutherford, chief operating officer of currency-trading platform ParFX, said he doesn’t expect big changes in his business as a result of the new code. Still, he says the code is important because “it will draw people’s attention to certain types of behavior.”
Long-awaited FX global code of conduct is released, but does not ban controversial "last look" practice*
“People on the buy-side, asset managers or hedge funds for example, weren’t aware that they were being priced in a way that was in some respects unfair,” said Roger Rutherford, chief operating officer of spot FX electronic trading platform ParFX.
ParFX wins ‘Best Trading Platform’ at FinTech Breakthrough Awards 2017 *
ParFX, the wholesale electronic trading platform, has been named ‘Best Trading Platform’ at the inaugural FinTech Breakthrough Awards.
ParFX wins ‘Best Trading Platform’ at FinTech Breakthrough Awards 2017
ParFX, the wholesale electronic trading platform, has been named ‘Best Trading Platform’ at the inaugural FinTech Breakthrough Awards.
The FinTech Breakthrough Awards honour excellence in products, people, services, technologies and companies focused on financial technology. The ‘Best Trading Platform’ category recognises ParFX’s success in creating an efficient and future-proofed model for spot FX.
Smart but not fast: how technology is democratizing FX*
ParFX, a subsidiary of the Tradition Group operating a first pillar – trying to eradicate poor behaviour driven by latency advantages,” says Roger Rutherford, Chief Operating Officer at ParFX in London.
Granularity, analytics, speed and delivery – competition heats up across the FX data space*
Roger Rutherford, Chief Operating Officer of ParFX, a wholly owned subsidiary of Tradition, also believes equality and transparency is central to a healthy trading environment on its matching platform, rather than an emphasis on speed.
FX: Non-bank market makers ‘vital’ to liquidity*†
Roger Rutherford, COO of ParFX, suggests that in a truly efficient market, banks would have the choice to internalize or trade into a public market. "At times, it will make good business sense to internalize flows; it enables banks to internally match (uncorrelated) flows originating from clients and leads to higher profits, lower brokerage costs and reducedreliance on external liquidity pools," he says.
Non-bank market makers: Filling the void in FX*†
Roger Rutherford, COO of ParFX, the FX trading platform, says the development reflects the fact the foreign exchange market, one of the world's largest and most liquid financial markets, continues to adapt and stay relevant in light of changing market and regulatory conditions.
Codes of Conduct and the E-Trading Governance Challenge*†
Roger Rutherford of ParFX addresses the issues on which the second part of the Global Code of Conduct will focus.
Rules of conduct and the e-trading challenge*†
Roger Rutherford of ParFX addresses the issues on which the second part of the Global Code of Conduct will focus.