FX Markets: Swaps platform aims to cut out the banks – but not entirely.

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August 6, 2020
Laura Matthews @ FX Markets

FX Markets: Swaps platform aims to cut out the banks – but not entirely.

"Banks would be forgiven for greeting news of another entrant in peer-to-peer FX trading with a weary eye-roll. The newcomers arrive with promises of big savings for participants by matching up trade flow and chopping out the middleman, namely banks. But sooner or later they fade away, having failed to achieve a critical mass of clients. FX HedgePool is the latest peer-to-peer hopeful seeking to challenge the status quo…"

Read the full article here.

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 by FX industry and trading technology veterans, Jay Moore, Emin Tatosian, and Richard Leader, FX HedgePool is redefining the FX swaps market.