Siege FX Flags Up NetBook
Posted by Colin Lambert. Last updated: January 15, 2023
Following the launch of its NetFix service in September 2022, Siege FX has flagged up the launch of a new product, NetBook, in 2023.
The firm, which says it “will soon be connected” with10 of the top 20 banks and 15 of the 20 largest asset managers, says NetBook, which is one in what it says is a pipeline of new services in 2023, aims to offer asset managers and banks “an innovative approach to order compression and block order trading across all cash FX instruments”.
“2022 proved to be a busy and successful year for Siege as we added new buy-side and bank participants to our network and launched NetFix,” says Claude Goulet, CEO of Siege. “Looking forward there are many more clients in the process of onboarding and we have identified with them several workflows which will benefit from the Siege platform. These new services are developed in collaboration with our participants across both banks and buy-side firms; NetBook, which we plan to launch later this year, is a perfect example.”