LoopFX has launched its dark pool network with major institutions, completing their first trades through State Street's platform.
The fintech firm aims to help banks and asset managers execute large currency trades without revealing their intentions to the broader market.
Blair Hawthorne, CEO and founder of LoopFX
Financial
technology firm LoopFX has launched its foreign exchange liquidity network,
with several major institutions completing their first real trades through
State Street's FX Connect platform.
LoopFX Goes Live on State
Street's FX Platform
The new
service allows banks and asset managers to trade currencies anonymously at
mid-market rates, addressing a longstanding problem in the $7.5
trillion-per-day FX market where large orders can move prices before execution.
Schroders,
RBC Capital Markets, Royal London Asset Management and State Street Investment
Management are among the first clients to use the platform, which aims to
reduce information leakage when executing substantial currency trades.
The
platform works by matching opposing trades from different institutions without
revealing identities or trading intentions. This approach helps prevent the
price movements that typically occur when large FX orders hit the market.
“We
have fully executed agreements across 15 asset managers and banks, with many
set to match on Loop shortly,” said Blair Hawthorne, CEO and founder of
LoopFX. “We're especially grateful to State Street's FX Connect; their
support and collaboration have been instrumental in enabling a smooth and
timely rollout.”
Greg Fortuna, head of GlobalLINK at State Street
Greg
Fortuna, head of GlobalLINK at State Street, added the integration
“enhances our clients' ability to access mid-market liquidity efficiently
and securely.”
Early Adopters See Value
in Dark Pool Approach
Several
institutional clients have commented on the platform's potential to improve
execution quality. Gordon Noonan, head of FX trading at Schroders, noted the
collaborative nature of the solution.
“It's
great to see both banks and asset managers engaging early with a solution like
LoopFX,” Noonan said. “The ability to match offsetting interest at
mid, with minimal market impact, is valuable.”
Royal
London Asset Management's Mark Jenkins described LoopFX as “a sensible
step forward” that provides “another way to access liquidity without
broadcasting our intent.”
Other board
members include Martin Gilbert, Revolut's chairman and founder of Aberdeen
Asset Management, and Tim Levene, CEO of Augmentum Fintech.
Neil McClements, Head of EMEA eFX & eFutures Sales at RBC Capital Markets
The
company's founding team includes executives with experience at major financial
institutions, including Aberdeen, CME Group, and State Street.
Neil
McClements from RBC Capital Markets said the bank is “delighted to partner
with LoopFX to bring our clients enhanced liquidity in the FX dark pool
space.”
The launch
comes as institutional investors increasingly seek ways to execute large trades
without alerting other market participants, particularly in the highly liquid
but transparent FX market.
Financial
technology firm LoopFX has launched its foreign exchange liquidity network,
with several major institutions completing their first real trades through
State Street's FX Connect platform.
LoopFX Goes Live on State
Street's FX Platform
The new
service allows banks and asset managers to trade currencies anonymously at
mid-market rates, addressing a longstanding problem in the $7.5
trillion-per-day FX market where large orders can move prices before execution.
Schroders,
RBC Capital Markets, Royal London Asset Management and State Street Investment
Management are among the first clients to use the platform, which aims to
reduce information leakage when executing substantial currency trades.
The
platform works by matching opposing trades from different institutions without
revealing identities or trading intentions. This approach helps prevent the
price movements that typically occur when large FX orders hit the market.
“We
have fully executed agreements across 15 asset managers and banks, with many
set to match on Loop shortly,” said Blair Hawthorne, CEO and founder of
LoopFX. “We're especially grateful to State Street's FX Connect; their
support and collaboration have been instrumental in enabling a smooth and
timely rollout.”
Greg Fortuna, head of GlobalLINK at State Street
Greg
Fortuna, head of GlobalLINK at State Street, added the integration
“enhances our clients' ability to access mid-market liquidity efficiently
and securely.”
Early Adopters See Value
in Dark Pool Approach
Several
institutional clients have commented on the platform's potential to improve
execution quality. Gordon Noonan, head of FX trading at Schroders, noted the
collaborative nature of the solution.
“It's
great to see both banks and asset managers engaging early with a solution like
LoopFX,” Noonan said. “The ability to match offsetting interest at
mid, with minimal market impact, is valuable.”
Royal
London Asset Management's Mark Jenkins described LoopFX as “a sensible
step forward” that provides “another way to access liquidity without
broadcasting our intent.”
Other board
members include Martin Gilbert, Revolut's chairman and founder of Aberdeen
Asset Management, and Tim Levene, CEO of Augmentum Fintech.
Neil McClements, Head of EMEA eFX & eFutures Sales at RBC Capital Markets
The
company's founding team includes executives with experience at major financial
institutions, including Aberdeen, CME Group, and State Street.
Neil
McClements from RBC Capital Markets said the bank is “delighted to partner
with LoopFX to bring our clients enhanced liquidity in the FX dark pool
space.”
The launch
comes as institutional investors increasingly seek ways to execute large trades
without alerting other market participants, particularly in the highly liquid
but transparent FX market.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
69% Rise in Hedging Costs Drives UK Funds Toward Automated Digital FX Platforms
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
