Harman Patil (Editor)

FXall

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Type
  
Subsidiary

Parent organization
  
FX ALLIANCE INC.

Area served
  
Worldwide

Founded
  
2000

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Industry
  
FX market, Money market

Key people
  
Phil Z. Weisberg (Chairman and CEO), John W. Cooley (Chief Financial Officer)

Services
  
Headquarters
  
Wilmington, Delaware, United States

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FXall (FX Alliance Inc) is a foreign exchange aggregator providing electronic trading to banks and brokers using an electronic communication network with headquarters in New York. The company provides electronic trading in the foreign exchange market to institutional clients using straight through processing. Clients include active traders, asset managers, corporate treasurers, market makers, broker-dealers and prime brokers. The company has been a subsidiary of Thomson Reuters since 2012.

Contents

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History

FXall began operations in 2000 as a dealing platform for a consortium of 16 banking institutions, each owning between three and five percent of the company. By 2003 it had grown to having trading volume of $9bn overtaking its main rivals.

In 2012 the company was acquired by Thomson Reuters for $625 million.

References

FXall Wikipedia


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