Retail FX and CFD broker Saxo Bank has become the latest institution to join the FairXchange ecosystem, signing an agreement for FairXchange to provide its Horizon liquidity management platform 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 first institutions to embrace data-driven dialogue with their Liquidity Providers and have always had a deep understanding of the importance of working with their LPs to deliver the best possible liquidity. We are pleased to help them continue in this collaborative spirit, working with them to help them maximize opportunities for themselves, 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 started with FairXchange, we have already seen a significant increase in engagement from our trusted liquidity partners, leading to greater profitability for both them and us, resulting in better liquidity for our clients.”
About FairXchange
FairXchange, part of the United Fintech group, is a data science company specializing in foreign exchange markets. Its guiding principle is that FX trading must be commercially viable for all participants – both the buy and sell sides.