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CFH, the prime of prime broker, has joined the Gold-i Matrix NETwork, extending its liquidity coverage to include Hedge Funds and Asset Managers.
Through Matrix NET, CFH can offer a direct connection to a Fund Manager via FIX API, providing trading transparency, P&L visibility, and reporting.
"A key driver for joining Gold-i's Matrix Network was to strengthen our offering for Fund Managers," said Paul Groves, Head of European Sales, CFH. "Through Matrix NET, CFH is able to enhance its offering, especially to Fund Managers, who will continue having a unique ability to trade using their own sophisticated trading platforms and at the same time, reflect these trades on MT4 or MT5 platforms."
"This [partnership] will add value to our clients and provide them with further choice in a range of asset classes,"said Tom Higgins, CEO, Gold-i.
Banco Monex has become the first Latin American third-party service provider of CLS’s payment-versus-payment (PvP) FX settlement service, CLSSettlement.
Banco Monex has been a CLSSettlement member since 2018 and now is enabling its clients to participate as third parties, helping them to mitigate settlement risk while significantly enhancing liquidity efficiencies for the Mexican market.
“As a CLSSettlement member for nearly two years, we have benefited from the increased liquidity, reduced settlement risk and greater operational efficiency the service provides,” said Héctor Lagos, CEO, Banco Monex. “We look forward to facilitating access to CLSSettlement for our clients as third parties and believe this will help to build a more robust FX market in Latin America and globally.”
SEB is the latest liquidity provider to join EMS platform BidFX.
BidFX head of Nordic Sales, Peter Bondesen, commented, "The increased interest in our advanced EMS from Nordic financial institutions means greater demand for specialised, local liquidity. Many of our global clients have also requested SEB as a counterparty to provide bespoke liquidity both through streaming rates and RFQ"
SEB Head of e-FX distribution, Carolina Trujillo, added, "We are excited that becoming a liquidity provider on BidFX is enabling us to extend our reach and both follow existing clients as well as get access to new clients. As the leading liquidity provider in Scandinavian currencies, we want to be able to reach out to a wide variety of clients and offer access to our unique flow franchise."