On the Record: Bringing Parity to FX Data in an Age of High-Frequency Trading*†
ParFX - the electronic spot foreign exchange marketplace owned by interdealer broker Tradition - offers features designed to protect data consumers from the speed and cost disparities of high-frequency trading, says ParFX chief executive Dan Marcus.
Forex Network London
ParFX is a Silver Sponsor and hosted the coffee breaks at Forex Network London.
Ex-Isda CEO Pickel Joins Tradition SEF*
"Tradition’s industry award-winning platforms, Trad-X and ParFX, are at the core of its electronic strategy," said the group.
FX: Time for a (foreign ex)change*†
ParFX is another new platform that does not allow last look. Swiss interdealer broker Tradition launched it in 2013 to address disruptive trading behaviour that was deemed to dent both the efficiency of the FX market and confidence in that market.
Why FX needs better policy synchronisation and trading transparency*
Dan Marcus: "The spot FX market has a history of evolving and introducing innovative trading practices that improve the way participants trade, and this is equally the case with ParFX."
Market structure evolution - by Dan Marcus, CEO, ParFX
As 7,000 of the great and the good from across the financial services industry descended on Boston in September for the annual SIBOS conference, one theme above all dominated the speeches, panels and bar conversation: The three ‘Rs’ of regulation, regulation, regulation.
Compagnie Financière Tradition Bottom Line up 82%, Dividend Adjusted*
One off costs and cost cutting efforts at Compagnie Financière Tradition have led to better margins for the Swiss company focused on its electronic trading platforms, Trad-X and ParFX, making the firm increase dividends.
Compagnie Financière Tradition : Revenue of CHF 837.5m; better trend than the IDB sector*
Tradition's industry award-winning platforms, Trad-X and ParFX, are at the core of its electronic strategy.
'Last look' proves divisive - ACI and ParFX commentary*
Last look FX execution: Marshall Bailey of ACI and Dan Marcus of ParFX discuss*
Dan Marcus, CEO of ParFX comments: "Last look is still used as a form of execution by some participants, but there seems to be a misconception that there is a significant time lag between when a trade was entered into a trading system and when it was executed thereby leading to routine abusive behaviours.