TradingScreen adds BNP Paribas and Merrill Lynch to FX liquidity providers network

Source: TradingScreen

TradingScreen, the leading provider of multi-broker and multi-asset class execution management systems (EMS), today announced that it had added BNP Paribas and Merrill Lynch to its network of foreign exchange (FX) liquidity providers.

The new partnerships allow users of TradingScreen's TradeFX platform to access FX liquidity through the trading desks of BNP Paribas and Merrill Lynch, covering spot, forward and swap deal types supported through full streaming and request for quote (RFQ) options. The two new firms join a roster of more than 25 FX brokers in the TradingScreen liquidity network.

"TradingScreen is committed to providing the buy side with the broadest access to liquidity across the most prominent players in the FX arena," said TradingScreen CEO Philippe Buhannic. "We are very pleased to be adding two innovative banks to our global network of FX destinations. TradingScreen is the first choice for highly sophisticated traders. These partnerships are a part of our continuing effort to add new liquidity and innovative functionality to help them further their best execution objectives."

TradeFX gives users access to transactions that span the full spectrum of FX electronic trading models and venues, including full streaming, request for stream (RFS) and RFQ. The platform enables clients to efficiently trade FX without complex integration across platforms and to handle post-trade needs seamlessly through allocation, reconciliation and staging, from front to back-end systems.

In addition, TradeFX provides clients with the ability to view consolidated quotes, including spot, forwards, swaps and non-deliverable forwards (NDFs), across multiple banks and liquidity systems. 

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