CAX Overview

CAX Overview

As the FX electronic market continues its accelerated growth, there are numerous dealing platforms available for institutional trading. The FX market is still non-centralized and risky for the primary dealers as fierce competition for order flow is on the rise in the electronic arena. These associated risks are felt industry wide as primary dealers compete for order flow with less and less ability to offset trades efficiently.

Although the FX spot, forward, and swap markets are nearing two trillion a day in collective volume, there still remains a true lack of transparent price discovery and liquidity due to the fragmentation of the market place. Currently the trading community gravitates more towards consortia-based dealing platforms which are now collectively controlling the majority of the electronic order flow. The two major reasons for this are the lack of price discovery from a single primary dealer and the lack of perceived liquidity.

We at vCap FX recognize the deficiencies in the current FX market and understand what investors need. CAX provides our clients with solutions to current liquidity and pricing issues by providing unparalleled price discovery as well as access to large pools of liquidity currently unavailable in the marketplace.