On the Record: Bringing Parity to FX Data in an Age of High-Frequency Trading

IMD's Faye Kilburn quizzes Dan Marcus, CEO of interdealer broker Tradition's ParFX foreign exchange trading platform on its approach to market data.

daniel-marcus-parfx-web

IMD: ParFX was launched in response to concerns of major banks regarding the arrival of high-frequency traders on their existing platforms. What unfair advantage do HFTs have by being able to buy faster access to data?

Dan Marcus, CEO, ParFX: While technology has certainly enhanced the FX market─fostering innovation, wider participation, deeper liquidity and lower trading costs─it has also, regrettably, been misused for nefarious purposes. By this, I mean it has enabled disruptive trading behav

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: