CboeFX has unveiled Cboe Swiss, which, in spite of what the name would suggest, is a platform for trading NDFs.
The new platform offers ECN-style trading with curated liquidity pools to meet users’ execution criteria with streaming firm and non-firm quotes. It also has Cboe’s full amount execution protocol for discrete large risk transfer trades, as well as extra order types – the platform also supports pre-trade net open position (NOP) credit checks.
Cboe says the platform has a comprehensive reporting suite for deeper analysis of trading outcomes and that trading is available via LD4 or on a dedicated Cboe Swiss GUI. It adds the new platform adheres to the principles of the FX Global Code.
