Flextrade beta-tests MilanFX system

NEWS

Spot broker EBS and electronic communications network (ECN) LavaFX are considering similar initiatives, as market participants search for ways to offset large positions with minimal market impact.

Flextrade's MilanFX enables users to trade large blocks anonymously under the names of their prime brokers, although self-clearing firms can also participate.

The platform also introduces a dark pool of liquidity to FX, where only a non-tradable midpoint price, or reference price, for the fair market

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