FX1 Participating Financial Institutions include leading FX dealers, clearing banks and prime brokers. PFIs are fully integrated into the FX1 marketplace as market makers and/or clearing banks/prime brokers.

Market Makers

FX1 market maker banks include the world’s top-rated FX dealing banks, which support the FX1 marketplace by providing highly competitive, live, and executable streaming prices around the clock. Working with its liquidity providers, FX1 pioneered the first FX marketplace with live, executable, streaming multibank prices and it continues to refine the process.

Clearing Banks/Prime Brokers

Trades executed on FX1 trading platform, FX1′s institutional marketplace, are cleared through a network of top clearing banks and prime brokers. FX1 adopted a prime brokerage clearing model. This enables clients to trade anonymously with market maker banks and other clients via a single credit and operational counterparty–their FX1 clearing account.

FX1 participating financial institutions include Baxter-FX and MF Global and other leading FX dealers and clearing banks.

FX1′s post-trade services are integrated with its clearing banks, enabling clients to begin trading on FX1 through their existing bank relationships with seamless straight-through-processing and without the need to first integrate additional back-end systems.

Brokers

Clients may also access the FX1 ECN via other FX brokers. These brokers maintain omnibus accounts with FX1, in effect, extending their credit lines on behalf of client.