First Derivatives’ Kx Technology Powers R5’s Connection Between China and London

[kreslik.news]

It’s been a couple of months since the announcement by UK Prime Minister Theresa May that London’s and China’s foreign exchange markets are getting closely connected. Today we are getting more insight into the technological infrastructure which the R5-SHCH Connect will use.

Chinese banks will use the Kx for Flow eFX trading platform developed by the Kx technology division of First Derivatives plc. R5 has already implemented the Kx technology to power the R5-SHCH FX Connect, enabling direct links between banks in China and London’s foreign exchange market.

Rich Kiel, Head of FX Solutions for Kx, commented: “The ... (read more)