FX HedgePool scoops double award win.

What's NEW
November 10, 2021

FX HedgePool scoops double award win at WatersTechnology’s Annual Buy-Side Technology Awards.

NEW YORK, LONDON; November 5, 2021 – FX HedgePool, the matching engine for mid-market execution of FX swaps, has won both “Best Buy-Side Execution Venue” and “Best Buy-Side Newcomer” in the annual Buy-Side Technology Awards, presented by WatersTechnology on Friday, 5 November.

Now in their fifteenth year, the Buy-Side Technology Awards recognize the leading technologies and third-party vendors that are addressing the buy-side's most pressing business, regulatory, and operational needs. Winners were decided through an auditable and transparent methodology, underpinned by a panel of judges comprising buy-side-focused technology consultants and WatersTechnology journalists.

“I’m extremely proud of what this team has accomplished over the past year,” said Jay Moore, Co-founder and CEO of FX HedgePool. “We’re delighted to be recognized for the positive impact we’re having on the market and taking home two awards for Best Execution Venue and Best Newcomer is a significant honor.”

“We set out to transform FX market structure for the benefit of end investors,” said Richard Leader, Co-founder and COO of FX HedgePool. “Since going live in January 2020, we’ve matched more than $3 trillion in total volumes. Each trade executed via FX HedgePool avoids market impact and its implicit drag on fund performance, resulting in superior outcomes for everyone.”

“Reshaping an established industry for the betterment of all takes an immense amount of persistent effort. We’re thrilled to be recognized for our work and will continue to seek out and resolve market inefficiencies using cutting-edge technology and our 10X innovation velocity,” said Emin Tatosian, Co-founder and CTO of FX HedgePool.

FX HedgePool recently exceeded the significant milestone of $3 trillion in total volumes, with more than $200 billion being matched each month among some of the world’s largest institutions. In addition to its standard month-end matching cycle, FX HedgePool has introduced quarterly IMM trades and is steadily increasing the number of currency pairs offered to its growing buy-side community.

About FX HedgePool

FX HedgePool is a multi-award winning matching platform for the mid-market execution of FX swaps that is transforming the market through its breakthrough unbundling of liquidity from credit. This is unlocking vast potential for passive hedgers to provide liquidity to each other, while leveraging existing counterparty relationships for credit provision. Passive hedgers can now access a new source of safe and dependable liquidity, eliminating unnecessary friction for both the buy-side and the sell-side. Founded in 2019, FX HedgePool is on a mission to modernize institutional FX through bold innovation and leading-edge technology for the betterment of all.