LoopFX Goes Live With State Street Tie-Up, Targeting Large FX Trades With Less Market Noise - FinanceFeeds

LoopFX Goes Live With State Street Tie-Up, Targeting Large FX Trades With Less Market Noise - FinanceFeeds

LoopFX has officially launched its live currency trading network, offering institutional investors a new way to quietly match large foreign exchange orders without tipping their hand to the broader market. The venue, now integrated into State Street’s FX Connect platform, enables real-time mid-market matching for FX trades typically exceeding $10 million. It seeks to reduce information leakage, improve pricing outcomes, and streamline execution …

LoopFX goes live - Global Trading

FX liquidity network LoopFX has gone live after three years of development. A total of 15 asset managers and banks have executed agreements with the company, Loop FX stated, including Schroders, Royal London Asset Management, State Street Investment Management and RBC Capital Markets. Blair Hawthorne, CEO and founder of LoopFX, stated, “With strong early adoption and growing momentum, we are well-positioned to accelerate our growth in the instit…

LoopFX launches as live FX liquidity network integrated with State Street’s FX Connect

LoopFX has launched as a live FX liquidity network, allowing clients’ trades to be matched within State Street’s execution platform, FX Connect.  Blair HawthorneThe offering is set to address obstacles within the FX market surrounding counterparty selection and information leakage, by providing real-time, anonymous, mid-rate matching to allow institutional clients to execute larger trades with reduced market impact.   Currently, 15 asset manager…

LoopFX liquidity network launches with first trades

Clients already signed include Schroders, Royal London Asset Management, State Street Investment Management and RBC Capital Markets. The post LoopFX liquidity network launches with first trades appeared first on FX News Group.