September 3, 2024 (NO COMMENTS)

High-frequency trading firm now streaming bilateral spot FX liquidity to clients

 

High-speed trading firm Jane Street has expanded its spot foreign exchange market-making services to include direct streaming of liquidity. As of this year, the firm is distributing its spot FX pricing to certain clients via disclosed, bilateral workflows – both on its proprietary single-dealer platform (SDP), JX, and hosted on trading venues, says a person familiar with the firm. Up until this year, JX had been Jane Street’s SDP for European Union, UK and US equities. It also operates a digital