Retail FX and CFDs broker Saxo Bank has become the latest institution to join the FairXchange ecosystem, inking an agreement for FairXchange to provide its liquidity management platform Horizon to Saxo.
Guy Hopkins, CEO and Founder of FairXchange said:
“We are delighted to welcome Saxo to the FairXchange network. They were one of the very first institutions to embrace data-driven dialogue with their Liquidity Providers, and they have always had a deep understanding of the importance of working with their LPs to source the best possible liquidity. We are delighted to help them continue in that spirit of collaboration, working with them to help them maximise opportunities for them, their LPs and their clients.”
James Dewdney-Herbert at Saxo commented:
“The relationship with FairXchange is already off to a very strong start. Since we went live with FairXchange we have already noted a material uplift in engagement from our trusted liquidity partners, leading to greater profitability both for them and for us, ultimately resulting in better liquidity for our clients.”
About FairXchange
FairXchange, part of the United Fintech group, is a data science firm specialising in Foreign Exchange markets. Its guiding principle is that trading FX should be commercially sustainable for all participants – both buy-side and sell-side alike.
