FairXchange Adds Saxo Bank
Posted by Colin Lambert. Last updated: January 16, 2024
Online trading and execution services broker Saxo Bank has joined FairXchange to deploy the latter’s liquidity management system, Horizon.
Horizon provides execution and pricing analytics to both buy and sell side with the intention, the firm observes, of making trading sustainable for both sides of the equation. “[Saxo] were one of the very first institutions to embrace data-driven dialogue with their liquidity providers, and they have always had a deep understanding of the importance of working with their LPs to source the best possible liquidity,” says Guy Hopkins, CEO and founder of FairXchange. “We are delighted to help them continue in that spirit of collaboration, working with them to help them maximise opportunities for them, their LPs and their clients.”
James Dewdney-Herbert, e-FX sales and liquidity at Saxo, adds, “The relationship with FairXchange is already off to a very strong start. Since we went live with FairXchange we have already noted a material uplift in engagement from our trusted liquidity partners, leading to greater profitability both for them and for us, ultimately resulting in better liquidity for our clients.”
