FX Connect - MTF

FX Connect is a market-leading electronic foreign exchange (FX) execution venue and multilateral trading facility (MTF) operated as part of State Street Corporation's GlobalLink suite of e-trading platforms, technology and workflow solutions. It serves some of the world's largest institutional investors, helping them manage multiple portfolios, connect with counterparties and streamline global trading operations. The platform simplifies and automates the entire FX trading process — from pre-trade through execution to post-trade settlement — and is described as the only platform able to demonstrate a 20+ year track record of tailor-made solutions for institutional investors, with proven integration capabilities with Order Management Systems (OMS) and Accounting Systems. FX Connect provides comprehensive execution capabilities. Clients can transact spot, forward and swap trades across multiple counterparties, and the platform supports numerous trading styles and strategies, including algo trading, allocation supporting straight-through processing (STP), Automated Order Router (AOR), basket benchmark, benchmark counterparty, benchmark trading, competitive trading, portfolio trading and request-for-stream (RFS) trading. It supports single-currency and multi-currency, bilateral and multilateral execution. The platform is complemented by TradeNeXus, its post-trade and settlement solution, which has won multiple industry awards. FX Connect has received extensive industry recognition. It was named Best Foreign Exchange Platform at the Financial News Trading & Tech Awards 2023, ranked #1 Multi-dealer Platform for Real Money clients in the Euromoney FX Survey 2018–2022, and was #1 Market Leader by overall volume for Multi-dealer Platform and #1 for Best Service in the Euromoney FX Survey 2021 & 2022. It also won Best Multibank Platform at the Global Finance GW Platt FX Awards 2022, Best Post-Trade Provider and Best Post-Trade Initiative of the Year (TradeNeXus) at the FX Markets Asia Awards 2021, 2022 & 2023, and Best Foreign Exchange Trading Platform at the Financial News Trading & Tech Awards 2020. The P&L Readers' Choice Awards named it Best platform for Asset Managers from 2013 to 2020 and Best Post-Trade Provider (TradeNeXus) in 2019 & 2020. As an MTF, FX Connect operates within a regulated framework for multilateral trading in the United Kingdom and serves a global institutional client base. It is a subsidiary brand within State Street Corporation, a publicly listed financial holding company (NYSE: STT).

FX Connect is a multilateral trading facility (MTF) and electronic FX execution platform operated within State Street Corporation's GlobalLink suite. According to its official website, FX Connect is the only platform that can demonstrate a 20+ year track record of tailor-made solutions for institutional investors, with proven integration capabilities with Order Management Systems and Accounting Systems. This suggests the platform was established in the early 2000s or earlier, though the exact founding year is not provided in the available evidence. The platform was built to address the needs of large institutional investors — asset managers, pension funds, insurers and others — that need to execute foreign exchange transactions across multiple portfolios and counterparties efficiently. Over time, FX Connect expanded its capabilities from basic multi-dealer execution to a comprehensive suite covering pre-trade, execution and post-trade settlement. Its TradeNeXus service provides post-trade processing and has been recognized with multiple industry awards. FX Connect has consistently ranked highly in industry surveys. It was named #1 Multi-dealer Platform for Real Money clients in the Euromoney FX Survey from 2018 to 2022, and in 2021 and 2022 it was #1 Market Leader by overall volume for Multi-dealer Platform and #1 for Best Service. It won Best Foreign Exchange Platform at the Financial News Trading & Tech Awards 2023, Best Multibank Platform at the Global Finance GW Platt FX Awards 2022, and Best Post-Trade Provider and Best Post-Trade Initiative of the Year (TradeNeXus) at the FX Markets Asia Awards in 2021, 2022 and 2023. The P&L Readers' Choice Awards named it Best platform for Asset Managers from 2013 to 2020 and Best Post-Trade Provider (TradeNeXus) in 2019 and 2020. As part of State Street's GlobalLink, FX Connect benefits from the parent company's global infrastructure, regulatory standing and client relationships. State Street Corporation is a publicly listed financial holding company (NYSE: STT) headquartered in Boston, Massachusetts, with major operations in London and other financial centers. FX Connect operates as an MTF under UK regulation, serving institutional clients globally.

• FX Connect named Best platform for Asset Managers at P&L Readers' Choice Awards (2013–2020)

• Ranked #1 Multi-dealer Platform for Real Money clients in Euromoney FX Survey (2018–2022)

• Named Best Post-Trade Provider (TradeNeXus) at P&L Readers' Choice Awards 2019 & 2020

• Won Best Foreign Exchange Trading Platform at Financial News Trading & Tech Awards 2020

• Ranked #1 Market Leader by overall volume for Multi-dealer Platform and #1 for Best Service in Euromoney FX Survey 2021 & 2022

• Won Best Post-Trade Provider and Best Post-Trade Initiative of the Year (TradeNeXus) at FX Markets Asia Awards 2021, 2022 & 2023

• Won Best Multibank Platform at Global Finance GW Platt FX Awards 2022

• Named Best Foreign Exchange Platform at Financial News Trading & Tech Awards 2023

Market-leading institutional FX execution venue and MTF, part of State Street's GlobalLink suite, with a 20+ year track record and award-winning technology.

• FX Connect MTF

  Multilateral trading facility for institutional FX execution, supporting spot, forward and swap trades across multiple counterparties.

• TradeNeXus

  Post-trade and settlement solution, recognized with multiple industry awards.

• Automated Order Router (AOR)

  Allows buy-side users to streamline execution by implementing rules-based trading for RFS sessions.

• Algorithmic Trading

  Execute multiple trades with a single counterparty using an algorithmic model.

• Portfolio Trading

  RFQ trading for a portfolio of multiple currency pairs, trade types, value dates and/or tenors with a single counterparty.

1. 1FX Connect | Homefxconnect.com
2. 2FX Connect | Our Servicesfxconnect.com
3. 3FX Connect - MTF on Wikidatawikidata.org