Russell Investments’ RFX Network Extends Capabilities to Charles River

Russell Investments, a global asset manager and subsidiary of the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term Group, has extended its real-time connectivity solution, RFX Network to Charles River Network Service, according to a recent Russell Investments report.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

RFX Network operates as one of Russell Investments’ flagship trading solutions that caters to the buy-side community. The utility features a number of functionalities, including streaming prices, client-to-client matching, as well as the allocation of foreign exchange (FX) transactions.

Its fundamental purpose is to aid institutional investors and asset managers in minimizing currency exchange tracking error – this is an important component for users that helps reconcile concerns about the London fix. RFX’s inclusion on the Charles River Network is important as it helps extend its capabilities to a proven electronic trading venue, in essence enriching its presence in the FX investment community.

For its part, Charles River Network supports a number of electronic trading venues and that includes brokers, crossing networks, broker algorithms, program desks, dark pools, smart order routers, ECNs, and ATSs.

According to Joseph Hoffman, Director, Global Head of Currency at Russell Investments, in a recent statement on the support: “Connecting to the secure, reliable Charles River Network is an important milestone for RFX Network. We’re very pleased that Charles River Network participants can now access what we believe to be the next step in the evolution of FX trading for the investment community.”