Exclusive: Arian Financial to Launch Global FX Desk

Inter-dealer broker Arian Financial has told Finance Magnates that it will be launching a global FX desk on November 1 of this year. Operations will initially run from London, but the firm plans to open two other desks in New York and Asia in 2019.

That London desk will be headed up by John Burt who joined Arian Financial this October. Burt has a plethora of experience in the institutional FX space having previously worked at ICAP, JP Morgan and UBS.

“Our experience across and within Emerging Market and G10 FX allows us to source and execute on behalf of a variety of client types such as hedge funds, asset managers and other institutions,” said Burt. “The advantages of running a exchange listed model in terms of cost and being centrally cleared are very appealing within the new FX arena.”

Arian Financial Global FX

The new global FX desk will aim to form a Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term between over-the-counter and exchange FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. At the same time, the firm will be conforming to the new regulatory road-map as set out by authorities in Europe and the US.

“We have the ability to speak and match various counterparty types within our model that may not normally face off against but clear via a central counterparty,” Burt told Finance Magnates.

“We are not exchange agnostic, we will enter a market that has the best product scope and depth for our customers, they can plug into us for all major FX exchange liquidity.”

The desk may not have been launched just yet but, according to Burt, a number of institutions have expressed interest in partaking in Arian’s newest service offering.

“We are already speaking to Hedge Funds, AMs, CTAs, HFTs and the International and local bank network and our plans have been very well received,” said Burt.

“We have a very strong Equity, Fixed Income and Commodity franchise here at Arian Financial that is already bringing additional new client types to our FX model on a daily basis.”