CFH Clearing Launches Partnership with Olfa Trade, Utilizing SFX Platform

by Jeff Patterson
  • CFH Clearing will be offering Olfa Trade’s Seamless FX (SFX) platform to institutional clients as a white label product
CFH Clearing Launches Partnership with Olfa Trade, Utilizing SFX Platform
Finance Magnates

CFH Clearing, an interbank prime of prime (PoP) Liquidity provider for both small and medium sized institutional venues, has extended its platform capabilities to Olfa Trade, which will pave the way for an eventual integrated offering in March 2016, according to a CFH Clearing statement.

More specifically, CFH Clearing will be offering Olfa Trade’s Seamless FX (SFX) platform to institutional clients as a white label product – the cloud-based platform SFX helps expand a number of FX capabilities as well as Risk Management and pricing strategies for institutional clients. The partnership is important as the SFX platform will help optimize the profits of banks and brokers through ultra-low latency trading and models.

At present, the SFX platform is already utilized by several entities in the financial industry, including banks, brokers, and agencies – the platform also caters to brokers treasurers, asset managers, and hedge funds, with the latest accord with CFH Clearing bolstering liquidity to Tier 1 banks and ECNs.

According to Paul Jackson, Head of Sales at CFH Clearing, in a recent statement on the partnership: “We continue to evolve our offering to ensure our clients have access to a choice of the highest quality products on the market.”

“We were particularly impressed with Olfa Soft’s robust infrastructure and flexibility. Its SFX is an impressive platform and uses Polymorph technology which means it can be easily customised to fit the design and order management needs of any client,” he added.

“We are delighted to collaborate with CFH Clearing as we share the same business philosophy. CFH Clearing has a customer-centric approach and focuses on providing products, which meet the exact needs of individual clients across the globe. As our platform can be adapted to specific client requirements, we felt there was a strong fit between our business models. By integrating CFH Clearing’s award-winning liquidity into our platform I am positive we are enhancing our proposition for clients,” noted Olivier Virzi, Chief Operating Officer (COO), Olfa Trade in an accompanying statement.

The announcement from CFH Clearing is the first development at the group since the launch of its liquidity service ClearConnect back in December 2015. Following the unveiling of the new service, the group consequently gained access to a variety of price feeds including Tier 1 banks, multi-lateral trading facilities and ECNs such as BATS Hotspot and Currenex.

CFH Clearing, an interbank prime of prime (PoP) Liquidity provider for both small and medium sized institutional venues, has extended its platform capabilities to Olfa Trade, which will pave the way for an eventual integrated offering in March 2016, according to a CFH Clearing statement.

More specifically, CFH Clearing will be offering Olfa Trade’s Seamless FX (SFX) platform to institutional clients as a white label product – the cloud-based platform SFX helps expand a number of FX capabilities as well as Risk Management and pricing strategies for institutional clients. The partnership is important as the SFX platform will help optimize the profits of banks and brokers through ultra-low latency trading and models.

At present, the SFX platform is already utilized by several entities in the financial industry, including banks, brokers, and agencies – the platform also caters to brokers treasurers, asset managers, and hedge funds, with the latest accord with CFH Clearing bolstering liquidity to Tier 1 banks and ECNs.

According to Paul Jackson, Head of Sales at CFH Clearing, in a recent statement on the partnership: “We continue to evolve our offering to ensure our clients have access to a choice of the highest quality products on the market.”

“We were particularly impressed with Olfa Soft’s robust infrastructure and flexibility. Its SFX is an impressive platform and uses Polymorph technology which means it can be easily customised to fit the design and order management needs of any client,” he added.

“We are delighted to collaborate with CFH Clearing as we share the same business philosophy. CFH Clearing has a customer-centric approach and focuses on providing products, which meet the exact needs of individual clients across the globe. As our platform can be adapted to specific client requirements, we felt there was a strong fit between our business models. By integrating CFH Clearing’s award-winning liquidity into our platform I am positive we are enhancing our proposition for clients,” noted Olivier Virzi, Chief Operating Officer (COO), Olfa Trade in an accompanying statement.

The announcement from CFH Clearing is the first development at the group since the launch of its liquidity service ClearConnect back in December 2015. Following the unveiling of the new service, the group consequently gained access to a variety of price feeds including Tier 1 banks, multi-lateral trading facilities and ECNs such as BATS Hotspot and Currenex.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5337 Articles
  • 90 Followers

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