LoopFX has officially launched as a live FX liquidity network, successfully matching clients’ trades within State Street’s FX Connect, a market-leading execution platform. It has proven that its technology performs reliably in live trading conditions, with clients executing real market risk through its integrated dark pool. FX is the world’s largest financial market, yet finding the right counterparty without revealing trading intent remains a key challenge, particularly for large orders. LoopFX solves this problem by enabling real-time, anonymous, mid-rate matching. This reduces information leakage and improves execution outcomes.
Blair Hawthorne, CEO and Founder of LoopFX says: “We have fully executed agreements across 15 asset managers and banks, with many set to match on Loop shortly. We’re especially grateful to State Street’s FX Connect; their support and collaboration have been instrumental in enabling a smooth and timely rollout, we couldn’t have done this without them. With strong early adoption and growing momentum, we are well-positioned to accelerate our growth in the institutional FX market.”
