FXMarketSpace is proud to announce FXSettle, a revolutionary settlement solution that intelligently routes trades directly to your bank or settlement agent – guaranteeing against settlement and replacement risk, and more importantly, dramatically reducing your costs.
This service is only available to FXMarketSpace customers and benefits both bank and non-bank customers. Trades are already being settled daily using FXSettle with two global settlement banks live and one in the process of onboarding.
With the introduction of FXSettle, FXMarketSpace now provides its customers with:
• Broad access - enabled by CME Group’s Globex® API, over 100,000 Reuters FX desktops and a growing list if Independent Software Vendors
• Total transparency - where all prices are available to all participants
• Trading anonymity - through a central counterparty model that enables all customers to buy and sell without having their name disclosed
• Robust, scalable technology - that supports minimum latency and maximum order throughput
• Efficient settlement services - that minimise risk and reduce costs
FXMarketSpace Launches FXSettle
http://img143.imageshack.us/img143/105/fxsettlewz7.jpg
FXMarketSpace is proud to announce FXSettle, a revolutionary settlement solution that intelligently routes trades directly to your bank or settlement agent – guaranteeing against settlement and replacement risk, and more importantly, dramatically reducing your costs.
This service is only available to FXMarketSpace customers and benefits both bank and non-bank customers. Trades are already being settled daily using FXSettle with two global settlement banks live and one in the process of onboarding.
With the introduction of FXSettle, FXMarketSpace now provides its customers with:
• Broad access - enabled by CME Group’s Globex® API, over 100,000 Reuters FX desktops and a growing list if Independent Software Vendors
• Total transparency - where all prices are available to all participants
• Trading anonymity - through a central counterparty model that enables all customers to buy and sell without having their name disclosed
• Robust, scalable technology - that supports minimum latency and maximum order throughput
• Efficient settlement services - that minimise risk and reduce costs
FXMarketspace