Ones to watch

eSpeedFX

eSpeedFX

Cantor Fitzgerald’s eSpeed is already widely respected as a fixed income interdealer trading platform, handling trading volumes of $200 billion. Now it has entered the foreign exchange industry, and the results could be interesting.

The design and functionality of the trading screens provide all the robust performance and customizability that users of the bond trading platform have come to expect, complete with streaming dealable prices. And the two product groups can be combined onto one trading page.

The trading system operates on an unusual model whereby eSpeedFX is the central counterparty, so all trading is anonymous.

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