FairXchange’s mission lies in its name. It aims to create an open and transparent marketplace for all participants. Its independence and trusted, decentralised network mean that it is strongly positioned to facilitate the fair exchange of FX liquidity data.

SmartTrade Technologies has emerged as a leader in front-office FX technology development.

Tradepoint’s algorithmic platform, which is used by banks for voice desk, e-trading and white-labelled order management process (OMS) flow, has continued to grow in 2023. With the introduction of new algorithms specifically for electronic execution of OMS orders, Tradepoint – under chief executive Eric Adelman – has made it easy to align execution with the print tickets visible to OMS clients.

Volatile macroeconomic conditions have boosted demand for timely and accurate foreign exchange market data. Bloomberg has risen to this challenge, further cementing its reputation as a global leader in this field and creating an offering that is an integral part of the FX ecosystem.

CobaltFX, a portfolio company of United Fintech, offers an innovative solution to a decades-long issue facing the FX industry around credit distribution. This is that the need to carve out credit limits among various venues reduces credit availability for counterparties and reduces trading volumes, while credit lines can prove costly for banks to maintain.

Capitolis works with some of the largest global financial institutions and is constantly developing new trade optimization solutions for banks and buy-side firms. Its technology helps to unlock capital constraints and enables greater access to more diversified capital and investment opportunities.

360T provides a suite of technology solutions that enable corporate treasurers to enhance their FX trading operations and access liquidity from a wide range of providers from around the globe.

This year, Tradefeedr launched its Algo Forecasting Suite, providing trading firms with independent analysis of the performance of trading algos from a wide number of sources that can forecast performance with the greatest accuracy.

CLS settles over $6.5 trillion of payment instructions daily across 18 currencies, protecting more than 70 settlement members and over 35,000 third-party participants from FX settlement risk. It does this by simultaneously settling payments relating to FX trades using its payment-versus-payment (PvP) system.

CME Group operates the largest regulated marketplace for foreign exchange globally and is a leading primary venue for price discovery. The scale of the global offering, deep liquidity, transparency and choice of execution provides clients across geographies with efficient access to global markets.

Jump Trading Group is a global, research-based proprietary trading firm. It has evolved from trading futures on the CME nearly 25 years ago to becoming one of the world’s leading market makers across asset classes.

360T’s execution management system (EMS) helps buy-side firms optimise their FX workflows across the entire trade life cycle, leading to increased efficiency, reduced operational risks and a comprehensive audit trail while also streamlining execution.

Singapore Exchange (SGX Group) has established a strong reputation as a leading FX exchange for the Asia-Pacific region. Good product innovation, together with regular feedback and meetings are valued by clients.

360T offers market participants multiple methods of accessing and interacting with the FX market. Its electronic communication network (ECN), 360TGTX, provides access to streaming spot FX and non-deliverable forward liquidity.