TrueFX executes first trades 

TrueFX, a purpose-built OTC market designed for the buy-side, has executed the first set of disclosed trades between counterparties on its network

First Published by e-Forex News: April, 2020

Harpal Sandhu
Harpal Sandhu

TrueFX, a purpose-built OTC market designed for the buy-side, has executed the first set of disclosed trades between counterparties on its network. The first trades were executed by FXCM, AxiCorp, Velocity Trade and leading electronic market makers. TrueFX has been designed to provide all market participants with direct access to FX liquidity through a single point of credit intermediation and technology integration. 

“TrueFX is open to the entire FX community and customers have access to any form of liquidity of their choosing.” said Harpal Sandhu, CEO of Integral and technology provider for TrueFX.