Fxmarketspace

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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.