Exclusive bank-owned FX platform to open doors to hedge funds*
ParFX, a currency trading platform launched to curb the advantage of high-frequency traders, will allow hedge funds to join banks in its trade to increase liquidity and create a wider trading community.
Perspectives on 2014: Roger Rutherford, ParFX*†
With 12 banks now trading on ParFX as members, the platform will open up to the buy side in the coming months, which will test the strength of its business model and trading rules.