Creating A New Liquidity Venue For Large FX TradesImproving execution outcomes by centralising Peer-To-Peer matching with bank interest.
What Is LoopFX?LoopFX is a new liquidity pool for large FX trades. It allows the buyside to silently match large offsetting orders against other buyside institutions and against bank axes. This is achieved within existing workflows and legal documentation.
Execution Costs
- LoopFX matches large FX buyers and sellers at market mid.
- We aim to substantially lower fee-adjusted transaction costs.
Peer-To-Peer-To-Bank
- LoopFX provides new trading opportunities, facilitating Peer-To-Peer using existing legal documentation and workflows.
- A new outlet for banks to manage risk discreetly.
Decision Making
- LoopFX's continuous, non-discretionary matching logic finds the best available matching option in real time.
- Best execution processes are improved.
Market Impact
- LoopFX's Peer-To-Peer approach reduces unnecessary information leakage around large trades.
- This decreases risk for all market participants.
Workflow Integration
- LoopFX's open architecture provides integration to existing trading platforms.
- Users will access LoopFX directly from their platform, or the LoopFX UI.
Managing Risk
- LoopFX’s dark pool will bring together interest from asset managers, banks, corporates and other financial institutions in a single venue.
- Both the buyside and sellside have more flexibility when managing risk - with minimal downside.
From The CEOWhy Did We Create LoopFX?
Blair explains why he and his team established a unique new service for FX professionals...
The Loop TeamSenior Executives
Blair HawthorneFounder & CEO
Before becoming CEO of Loop FX, Blair had many years of experience as a senior trading practitioner at abrdn. His drive for market enhancements led directly to the founding of the business.Linkedin
Simon Wilson-TaylorCo-Founder & CSO
Simon is a pioneer in capital markets fintech, who started and led State Street’s Global Link multi-asset class platforms business. He later formed Molten Markets, now owned by the CME Group after a successful exit.Linkedin
Timothy JohnsonCo-Founder & COO
Tim has held senior sales roles in several global organisations including Amex, 360T and CME Group. He has provided commercial and marketing leadership to high-growth organisations and is an experienced strategist.Linkedin
John VauseCo-Founder & CTO
John managed the State Street e-Comm businesses in Canada and EMEA. Subsequently he led product innovation for Molten Markets’ institutional product and ran global product development for the EBS Institutional FX platform.LinkedinThe Loop TeamBoard of Directors
John SievwrightChairman
John is the former Chief Operating Officer of Global Markets and Investment Banking for Merrill Lynch. He is a non-executive Director of Burford Capital and has served on the Revolut board since 2021.Linkedin
Martin GilbertNon-Executive Director
Martin is the Chairman of Revolut. Founder of Aberdeen Asset Management, he is a prolific deal-maker in institutional finance and sits on the boards of several global companies.Linkedin
Ivan RitossaNon-Executive Director
Ivan built one of the world’s most successful FX and electronic execution franchises at Barclays Capital, where he was a Member of the Executive Committee.
Tim EwingtonNon-Executive Director
Tim is an investor and strategist. He co-founded Shortlist Media and consults widely on digitally-enabled businesses.Linkedin
Mike SoutarNon-Executive Director
Mike is an entrepreneur. He was most recently CEO of the Evening Standard and sits on the Board of the V&A Museum in Scotland.LinkedinFind Out How LoopFX Can Benefit You
LoopFX is an open architecture technology, designed to integrate into traders' existing platforms. Speak to the team to find out how it can help you make better decisions in real time...