R5 has implemented Kx technology to power R5-SHCH Connect, a new service that links banks in China with London’s FX market.
UK Prime Minister Theresa May announced the launch of R5-SHCH Connect during a state visit to China on February 2.
Kx for Flow is an established eFX trading platform, which combines order management, trade execution, risk management, transaction analytics and alerts management. This provides R5 and its clients with electronic execution and effective risk management with the benefits of being on a centrally cleared platform. Kx for Flow is built upon the kdb+ database platform.