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New York, NY – Thursday, May 17th, 2018 – Edgewater Markets LLC announced that they would be providing FX liquidity on both the FXALL Quick Trade and Price Stream product globally.
Edgewater Markets is one of the first non-bank FX liquidity providers to offer pricing over the Quick Trade RFQ platform. In addition, Edgewater Markets is providing liquidity to FXall Price Stream in Tokyo, London, and New York, reducing latency and improving execution quality and providing best execution practices for customers globally.
“Participants in the FX market continue to seek access to non-bank liquidity to enhance transparency, price discovery, and to balance out a portfolio of liquidity. We’ve responded by supplying highly competitive and customized liquidity streams to this premier platform”,” said Alex Scarsini, Founder/President of Edgewater Markets.
Forward Outright and Swap Capabilities In addition to FX spot liquidity, FXall customers can access Edgewater Market’s NDF, forward outright, and swap liquidity via the QuickTrade RFQ platform. “Edgewater Markets is in a premium position to service the FXall QuickTrade customers that desire liquidity for non-spot products,” said Skovran Schreder, Founder/CEO of Edgewater Markets. “We look forward to partnering with FXall and our customers to meet their need for efficient, competitive pricing and improved price discovery”
“This collaboration furthers our commitment to boost liquidity across the FX markets, thus adding value, simplification, and transparency to our clients and how they interact with the market,” said Neill Penney, managing director and co-head of Trading, Thomson Reuters.
Contact Us For more information, please contact us by phone +1-212-370-5270, email [email protected] or visit our website at www.edgewatermarkets.com . Edgewater Markets’ availability on FXall reinforces its mission to expand access to its foreign exchange service to institutional customers wherever and however they wish to trade.
In March 2016, Edgewater announced a $30M equity investment from FTV Capital, a leading investor in innovative financial service companies, to help accelerate Edgewater’s global growth strategy. Headquartered in New York City, Edgewater currently serves over 300 institutional clients worldwide from offices in London, Singapore, Mexico City, Los Angeles and Chicago. Edgewater does not charge fees, reducing transactional and management cost for clients. The credit counter party on all trades is one of our Prime Brokers, which provides complete anonymity in execution, simplified credit setup and efficient trade settlement.
