Fxmarketspace
From Wikipedia, the free encyclopedia
FXMarketSpace | |
---|---|
Type | Private |
Founded | 2006 |
Headquarters | London, UK |
Key people | Mark Robson, CEO, Rick Sears, President |
Website | www.fxmarketspace.com |
FXMarketSpace is a centrally-cleared, global foreign exchange (FX) platform for the over the counter (OTC) market.
It was formed through a 50/50 joint venture between Reuters and the Chicago Mercantile Exchange to serve the evolving needs of the FX market, including speed, efficiency, centralised clearing and complete anonymity.
4 May, 2006 - Joint venture is announced by its two parent companies
26 March, 2007 - FXMarketSpace is declared "fully operational and open for trading"
31 March, 2008 - FXMarketSpace announces FXSettle, a settlement solution that intelligently routes trades directly to the bank or settlement agent - guaranteeing against settlement and replacement risk, and reducing costs.