New peer-to-peer FX platform aims to simplify trading

Yet another platform is attempting to crack the notoriously challenging corporate peer-to-peer FX market with the promise of simplifying trading for buy-side clients.

Buy-side peer-to-peer (P2P) FX netting service provider Siege FX went live late in February with its first members’ group, promising to reduce execution costs and minimise market impact for clients.

Given that its service has been live for only a few weeks, the firm can’t comment on how P2P trading volumes have been impacted by the market volatility and reduced economic activity caused by coronavirus.

We remove market impact and facilitate resting order rebalancing without information leakage

Marek Robertson, Siege FX

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