CFH Clearing Launches New Liquidity Service ClearConnect

Following tightened capital requirements for clients of major prime brokers, CFH Clearing is aiming to fill the post-SNB gap in

After last month’s announcement that CFH Clearing had selected BNP Paribas as its new prime brokerage, the company today unveiled its new liquidity service ClearConnect. The company will be delivering to its institutional clients direct access to a slew of foreign exchange liquidity providers through CFH Clearing’s prime broker and direct bank relationships.

The clients of the company will gain access to a multitude of price feeds including Tier 1 banks, multi-lateral trading facilities and ECN’s such as BATS Hotspot and Currenex. CFH Clearing’s customers will be able to open an account with the company on a collateralised margin basis or use an existing prime broker setup.

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Commenting on the announcement, the Head of CFH Clearing’s Prime Brokerage and Clearing, Nick Mortimer, said, “This really bucks the trend where clients have found it increasingly difficult to maintain or enter the PB space due to increased capital requirements, trading conditions and costs.”

“ClearConnect is an ultra-easy and cost effective way to access a diverse pool of liquidity that can be tailored to best suit the needs of the client’s underlying business and trading style,” he said.

ClearConnect Liquidity will be available through a multitude of options – via direct API access, or through multiple platform interfaces including ClearPro, ClearWeb, Tradable, NetStation, ClearVision and third party applications such as MT4 and OlfaTrade’s SFX.

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