Currenex® FX Price Streaming Service now F.I.X.-compatible

First Published: e-Forex Magazine 13 / News / January, 2004

Currenex has announced the availability of a new F.I.X.-compatible service for streaming FX rates. The new offering will allow market participants to execute trades within Currenex's Executable Streaming Prices (ESP™) service using the F.I.X. 4.2 protocol. Currenex’s ESP™ service enables price makers to transmit and refresh in real-time spot bids and offers to customers, who can then execute off displayed prices directly or in the name of a prime broker. The company said ESP™ trading has contributed significantly to double digit volume growth within the first four months of the service's launch. The F.I.X. service was introduced at the request of a number of price makers interested in ESP™ trading.Clifford Lewis,Currenex’s CEOAccording to Clifford Lewis, Currenex’s CEO, "The F.I.X. gateway enables straight through processing and simplified integration of Currenex's service with a broad sector of institutions using the protocol. This is an important further step in...continued

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