Integral launches all-to-all trading venue
Technology firm launches fee-based OCX
Integral has launched subscription-based, all-to-all trading platform Open Currency Exchange (OCX), along with a clearing programme that allows its members to enter the business of credit intermediation.
It is the first trading venue to charge a flat fee, regardless of traded volumes, and combine liquidity pools.
OCX, which costs $275 a month, offers unlimited screen trading on: direct, disclosed, bilateral relationship liquidity; liquidity indirectly from more than 100 electronic market-makers
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