ParFX Adds Offshore Renminbi*†
ParFX has added offshore renminbi (CNH) as it expands the number of tradeable currencies offered on the platform.
ParFX Adds Offshore Renminbi Trading After Increasing Demand *
Commenting on the announcement the CEO of ParFX, Dan Marcus stated, "The Chinese currency is one of the fastest growing in the world, but is still in the early of stages of its internationalisation."
ParFX boosts currency offering with addition of offshore renminbi *
"We founded ParFX for this very reason; its concept is rooted in transparency and the platform has already proven to be a strong deterrent against disruptive trading behaviour. For this reason, we are delighted introduce the offshore renminbi to the ParFX trading community."
ParFX adds CNH to currency offering*
The addition of offshore renminbi to the lineup marks another milestone in ParFX’s expansion and reiterates the importance of the Asian market.
ParFX boosts currency offerings with offshore renminbi*
Roger Rutherford, COO of ParFX, added: "The addition of the offshore renminbi marks an exciting milestone in our expansion and will significantly strengthen our presence in Asia in particular."
ParFX adds offshore renminbi to currency offering*
"We founded ParFX for this very reason; its concept is rooted in transparency and the platform has already proven to be a strong deterrent against disruptive trading behaviour. For this reason, we are delighted introduce the offshore renminbi to the ParFX trading community."
ParFX boosts currency offering with addition of offshore renminbi*
ParFX, the wholesale electronic trading platform, today announced the addition of the offshore renminbi (CNH) as it expands the number of tradeable currencies offered on the platform.
P&L Talk Series with Campbell Adams*†
On the five-year anniversary of the launch of the FX Pure project, Profit & Loss talks to Campbell Adams, who founded the project and is now head of market at ParFX, about changing FX market behaviour and its impact on liquidity.
Tradition exec slams 'toxic' effect of market data costs *†
Dan Marcus, who is the global head of strategy and business development at interdealer broker Tradition and the chief executive of FX trading venue ParFX, said: "The distribution, cost and methods of accessing market data have become unnecessarily expensive and, in many cases, have fueled the rise of disruptive trading in spot foreign exchange."
EBS BrokerTec draws fire for unbundling and hiking fees*†
"Unfortunately, purchasing additional market data to buy an advantage – often at a cost of tens of thousands a month – has become a harsh modern reality of financial markets. It damages the ability of many firms to execute efficiently and creates a toxic trading environment for those with a genuine interest to trade," said Dan Marcus, chief executive of rival trading platform ParFX, which doesn't charge for market data.