Euronext FX Adds to its “Collapse to Mid” Functionality

Euronext FX says it has built upon the success of its Collapse-to-Mid (CTM) functionality by launching CTM Slide, a new feature that the firm says gives users greater control over passive execution.

The new feature enables traders to configure the CTM trigger point as a percentage of best bid/offer, allowing execution behaviour to be tailored to specific trading strategies and market conditions.

The firm adds the CTM Slide provides access to additional price improvement opportunities, allows the fine-tuning of execution behaviour, reduces exposure to sweeping and adverse market impact, and can be leveraged alongside existing CTM and Flex Limit functionality on the platform.