LoopFX launches peer-to-peer FX trading
LoopFX has completed the first bank-facilitated peer-to-peer FX trades within State Street’s GlobalLINK FX Connect platform, matched via RBC Capital Markets. Blair Hawthorne The move represents an industry first, marking the first instance that asset managers can match trades directly with each other, while still operating within their existing execution channels spanning bank relationships, workflows and documentation. Through this offering, asset managers will be…