FMX FX Platform Details

FMX FX IS COMMITTED TO THE FX GLOBAL CODE OF CONDUCT:

FMX FX is a highly efficient ECN that benefits Liquidity Providers and Liquidity Takers:

Liquidity Providers: We carefully select those who manage inventory in a way that positively supports client trading activity, and welcome both banks and non-banks.

Liquidity Takers: These typically include hedge funds, banks, professional trading firms (PTFs), corporates, asset managers, regional specialists and high net worth individuals.

The FMX FX platform supports:

Trading of 55 currency pairs including spot metals
In-depth transaction cost analysis (TCA) and market impact
Bespoke liquidity pools for market makers and takers
Both firm and non-firm liquidity
Real-time liquidity updates
Identified, disclosed feeds via FMX FX Direct

Integration

FMX FX is integrated with:

Traiana Harmony
Traiana Netlink
Traiana CreditLink

FMX FX also offers FIX drop copy.
Integration with FMX FX is offered via FIX and ITCH/OUCH protocols
Credit is calculated on a Net Open Positon per Value Date.

Back-office integration includes:

Traiana
Direct bank straight through processing (STP)
Multiple STP solution providers (e.g. ETG, Broadridge)
FMX FX can integrate with most 3rd party providers for back office processes.

Order Types:

FMX FX supports the following order types:

Market orders
Immediate or cancel (IOC)
Limit orders
Iceberg/hidden orders
Good to cancel (GTC)
Time-weighted average price (TWAP)
Pegged

FMX FX also offers:

Credit HUB for pre-trade credit check
Prime brokerages (PBs) allocate credit to their clients to trade on the ECN
All incoming orders are checked
Credit alerts can be customized for each client
In the event of a breach or potential breach, all open orders are cancelled and the market Data stream is disabled
Client exposure is calculated on NOP (Net Open Position) across value dates.

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