Cboe FX launches Cboe FX Point

Cboe FX Markets has announced the launch of Cboe FX Point, a new one-to-one execution solution that allows institutional clients to create custom, relationship-based connections with one or more of their preferred counterparties to meet their specific trading needs. Liquidity provision in global FX markets is deeply fragmented and institutions use a wide group of banks, non-banks, electronic platforms and voice brokers to conduct their trading activities. Through Cboe FX Point, institutional clients are able to leverage Cboe FX’s technology, credit and straight-through processing infrastructure for low-cost management of one-to-one trading relationships, enabling them to connect to multiple selected counterparties more efficiently.

First Published by e-Forex News: May, 2019

Bryan Harkins
Bryan Harkins

Cboe FX Markets has announced the launch of Cboe FX Point, a new one-to-one execution solution that allows institutional clients to create custom, relationship-based connections with one or more of their preferred counterparties to meet their specific trading needs. Liquidity provision in global FX markets is deeply fragmented and institutions use a wide group of banks, non-banks, electronic platforms and voice brokers to conduct their trading activities. Through Cboe FX Point, institutional clients are able to leverage Cboe FX’s technology, credit and straight-through processing infrastructure for low-cost management of one-to-one trading relationships, enabling them to connect to multiple selected counterparties more efficiently.

“With the launch of Cboe FX Point we’re streamlining relationship-based trading in the FX market and allowing clients to focus on what is most important – sourcing the unique liquidity they need to achieve an optimal trading outcome,” said Bryan Harkins, Cboe’s Co-Head of Markets.