FX HedgePool matches $1.5 trillion since 2020 launch.
NEW YORK, LONDON; March 10,2021 – FX HedgePool, the matching engine for mid-market execution of FX swaps, has exceeded $1.5 trillion in total matched volume since its launch in January 2020.
FX HedgePool was founded in 2019 by FX industry and technology veterans, Jay Moore, Emin Tatosian, and Richard Leader, to deliver a central, more efficient marketplace for the matching of FX swaps. By unbundling liquidity from credit, FX HedgePool is eliminating market impact, reducing trading costs, and streamlining operations.
Through its unique matching engine, FX HedgePool enables buy-side participants to directly match liquidity among peers, while allowing the sell-side to optimize their balance sheets by being paid explicitly for credit provision without market risk. This allows passive hedgers to access a new source of safe and dependable liquidity for FX swap transactions.
“We're transforming the way the FX swaps market operates,” said Jay Moore, CEO and Founder of FX HedgePool. “By cracking the credit puzzle, we’ve created new ways to think about how to access liquidity and utilize credit. The growth in just over a year of operation is affirmation that our peer-to-peer model enables better liquidity and greater efficiencies for both the buy-side and sell-side.”
FX HedgePool’s curated membership includes a growing number of the world’s top asset managers and largest banks. The Company’s growing community of participants is benefiting from secure, anonymous, and consistent liquidity with decreased risk for all.