Pure FX
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Pure FX is a proposed bank-only electronic dealing platform for foreign exchange. The planned project is backed by the world's ten largest banks in FX dealing volume, and access to the system will be limited to those banks.[1]
On March 3, 2011, it was announced that launch of this project, possibly now renamed FXPure, will be delayed due regulatory uncertainty.[2]
Pure FX Member Banks
- Deutsche Bank AG
- UBS AG
- Barclays Capital PLC
- Citigroup, Inc.
- Royal Bank of Scotland Group PLC
- J.P. Morgan Chase & Co.
- HSBC Holdings PLC
- Credit Suisse Group
- Goldman Sachs Group Inc.
- Morgan Stanley
See Also[edit]
References[edit]
- ↑ "Banks Bid to Regain Forex Market Clout". Wall Street Journal.
- ↑ "UPDATE: Banks Delay Secret Forex Trading-System Plans- Sources". Wall Street Journal.