FairXchange has announced that CME Group has selected its Horizon solution to provide execution analytics and liquidity management on CME’s EBS Direct.The Horizon solution is designed to optimise liquidity provision, foster constructive dialogue between liquidity providers and consumers and significantly boost transparency across the FX marketplace. It will also empower market participants with direct data interaction for improved execution on EBS Direct.
Guy Hopkins, Founder of FairXchange and Head of Capital Markets forUnited Fintech, said, “We are thrilled to welcome CME Group to the Horizon ecosystem. CME Group is one of the most significant and respected institutions in global financial markets, and their decision to select Horizon is a strong validation of our commitment to promoting transparency, collaboration and commercially sustainable trading relationships. We look forward to supporting their continued innovation across the FX market.”
Paul Houston, Global Head of FX Products, CME Group, commented, “We are continuously focused on providing our clients with the most advanced tools to navigate the FX markets effectively. Leveraging FairXchange’s Horizon solution will significantly enhance liquidity management for EBS Direct. This solution will empower our market participants with independent, data-driven analytics, enabling more informed decisions and optimising liquidity management and execution.”
