Buy-side P2P swaps matching engine to launch new service for WM/R benchmark.
FX HedgePool, a buy-side matching engine for currency swaps, is planning to make a push into the foreign exchange spot market. The peer-to-peer trading venue is laying the groundwork to bring its model to spot matching for the WM/Refinitiv benchmark by the end of 2022.
The move is in response to the growing wish among the company’s expanding community of buy-side participants to provide liquidity to each other.
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