Siege FX: Now available on Bloomberg FXGO
Siege FX offers fully anonymous P2P FX Spot netting at a neutral, regulated mid-rate benchmark and is pleased to announce that it is now a routing destination on FXGO.
FXGO users can now route their FX spot orders directly to the innovative Siege P2P liquidity pool and subsequently leverage FXGO prime broker communication and allocation management capabilities to achieve straight-through processing. Residual order amounts can be traded via the full spectrum of FXGO trading methods.
Alternatively, clients utilizing algorithmic orders offered by a number of banks and non-bank liquidity providers on FXGO may be able to designate Siege as a routing destination, to allow the orders to be executed against Siege liquidity only or a combined liquidity pool which Siege is a part of. Please refer to Siege and your algorithmic order providers for the details.
Bloomberg FXGO is available on the Bloomberg Terminal. Siege FX is available on a proprietary browser-based interface and via the FIX protocol.
About Siege
Siege was established with the goal of creating a trusted environment where buy-side members have the ability to net offsetting orders before going to lit markets, reducing information leakage and minimising market impact. Siege's in-house technology identifies netting opportunities in a continuous real-time process and provides the oversight and surveillance functions agreed upon with the Siege buy-side community. Trades are netted at the FCA-regulated New Change FX benchmark mid-rate and materialised on the 360TGTX platform in partnership with 360T of Deutsche Börse Group.
Siege FX Limited is a private U.K. company.
For more information visit www.siegefx.com
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