Cürex to Add Pre-Trade Market Check Time Stamp Capability

The feature will be made available to FX trade confirmations and end of day reports for best execution.

The new capabilities have been deployed in support of compliance with Mifid II.

Under the revised Markets in Financial Instruments Directive (Mifid II), firms must prove pre-trade checks were done before trade is executed. Cürex offers a recorded time stamp to note when a pre-trade check occurred. This pre-trade check feature will be offered the company’s pre-trade analytics platform and will be included in foreign-exchange (FX) trade confirmation and end of day trading reports.

The feature will be available in the coming months, says Cürex chief executive officer and chai

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