Banks
We recognize that for top- and mid-tier banks, a key to FX success is expanding their footprint and improving profitability. Having the right technology can be crucial to achieving this.
Deep liquidity and competitive pricing across a range of instruments. We offer our clients a unique service — tailored access to disclosed and undisclosed liquidity together on one screen. With many significant market liquidity sources connected to our venue, we are a premium source for FX liquidity in the market, particularly spot.
Faster execution. We facilitate continuous high-speed trading and price discovery with the ability for participants to be both passive and aggressive.
High fill ratios. Our sophisticated technology and depth of liquidity can help you achieve consistent fills of orders.
Precise and real-time market data includes full market depth of each available currency pair. Tick-by-tick updates are available to all participants simultaneously.
A comprehensive suite of trading functionalities. We also offer the option of API access for the connection of bespoke algos.
The ability to aggregate multiple liquidity streams and create private liquidity pools that are unique to your trading needs and style based on preferences and relationships.
The ability to easily utilize various order types in real time to suit your trading style.
Precision pricing in each currency pair.
Straight-through-processing (STP). We offer a suite of STP solutions that connect Currenex services with your back-office systems to facilitate seamless settlement, workflow, reporting and auditing processes. The connections can be via many of the major post-trade hubs.
Low costs to get started, with the opportunities to scale up your business without the need for significant hardware investment.
Hedge Funds
Currenex offers a sophisticated solution for Active Traders that allows them to focus on their trading strategies in the knowledge that the technology, operational and reporting challenges that underpin this execution are being met to the highest specifications.
Hedge Funds can access liquidity on Currenex through our prime broker model, used by a variety of prime brokers at various banks and a number of prime institutions. Our Currenex solution provides:
Two methods of execution— streaming and RFQ/RFS— that support anonymous and disclosed trading and can be co-mingled into one graphical user interface (GUI) or application programming interface (API).
The ability to access anonymous, single-ticket liquidity through Currenex Big. It delivers ladders of streams of liquidity in increments between 3 and 50 million notional amounts, across major currency pairs, which can be accessed with a single mouse-click in one GUI.
Active traders can choose, based on your latency and security preferences, from a range of connectivity options and messaging protocols. Connectivity options include connecting through public internet, via an extranet or directly over a low-latency private network in key data centers. Messaging options include FIX and OUCH.
Currenex’s real-time market data provides a view of liquidity available on Currenex as well as best bid/offers, size and depth of market on the platform.
Our choice of streaming or RFQ/RFS execution methods facilitates anonymous or disclosed trading in different products and order types. The deep pools of liquidity from the thousands of market participants who access our technology globally encourages competitive rates.
Brokers
For brokers looking to expand their global footprint in the $5.3 trillion-a-day FX market, Currenex’s award-winning Private Label business leverages sophisticated technology to provide easy-to-implement solutions that can be quickly deployed. Our Partners can be viewed here.
Banks, brokers or other financial institutions can use Currenex’s private label technology, which includes the ability to customize front-end interfaces. Our solution provides sophisticated access to the FX and precious metals markets and the ability to operate a trading venue, without the need for hardware investment. The entire solution can be quickly deployed and comprises:
Fund Managers
For Fund Managers looking to maximize opportunities in an increasingly competitive and regulated environment, Currenex can provide a comprehensive solution to facilitate FX, loans & deposits and precious metals trading.
Corporates
For corporate treasurers who manage a multitude of multi-currency and money market transactions and portfolios, Currenex offers a comprehensive trading solution.
Regardless of whether you trade using RFQ/RFS, streaming or both execution methods, Currenex offers:
Our RFQ/RFS execution method provides disclosed access to liquidity from more than 60 banks. And our anonymous streaming method gives anonymous access to a marketplace of thousands of diverse participants and liquidity sources.
Full straight-through-processing (STP) to your treasury management system (TMS) or order management system (OMS) can help you achieve better workflow and reporting management across a global and diverse organization. Currenex has dedicated development and implementation teams to help facilitate this and is integrated with major industry treasury workstation solution vendors.
Currenex provides access to your complete trade history, audit trail, analysis of trading patterns and counterparty activity analysis with respect to your trades on Currenex.
Our corporate customers can also separately subscribe, through our affiliates, to access Fund Connect, a single-point of access portal for global online money market fund trading. With convenient and direct access to domestic and offshore funds in multiple currencies, corporate treasurers can use Fund Connect to help them to optimize investments and maintain and strengthen relationships with trading partners-all while automating their investment process.