Read time: 1 min

Refco Releases FX ProTrader

Refco Group has released Refco FX ProTrader, an enhanced version of its electronic FX trading platform. Among its features, the platform offers real-time executable streaming prices for spot, outrights and forwards, with the ability to view up to 16 currencies simultaneously.

“Our next generation trading model is a customer-driven virtual marketplace,” says Sandy Maggio, president and CEO, Refco Capital Markets. “Our clients deserve the robust capabilities that Refco FX ProTrader offers, including exceptional liquidity, superior price transparency and the exponential benefits of having access to each other in addition to our distinguished consortium of banks.”

Other features include straight-through processing and e-mail confirmations to enable intra-day risk monitoring and management. Trade history can be retrieved instantly and refreshes automatically. The platform operates as a standalone execution product or can be bundled with Refco FX Clear, its FX prime brokerage agency, to provide the additional benefit of complete vertical integration in an STP environment, according to the company. Refco FX Clear provides a full spectrum of additional prime brokerage services including tracking of trade exposures, risk assessments, auditable reporting and compliance fulfilment.

Refco FX ProTrader provides access to global banks and counterparties including customers such as institutions, hedge funds, commodity trading advisors, futures commission merchants, broker-dealers and high net-worth investors in the US, Europe, Asia and the Pacific Rim.

Profit & Loss

Share This

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on reddit

Related Posts in