TradingScreen, a provider of execution management systems to the buy-side, has added French Broker Société Générale Corporate & Investment Banking (SG CIB) to TradeFX, the vendor’s broker-neutral community of foreign exchange liquidity providers.
Under the agreement SG CIB will offer TradingScreen’s buy-side clients full access to its foreign exchange execution suite, which covers spot, forward and swap deal types supported through requests for quotes (RFQs) and requests for stream (RFSs).
TradeFX offers users the ability to conduct transactions across the full spectrum of FX electronic trading models and venues, including full streaming, RFS and RFQ, enabling them to trade FX without the need for complex integration across trading platforms. It also provides users with the ability to view consolidated quotes across multiple banks and liquidity systems.
TradeFX integrates in real time with other asset classes available through TradingScreen, enabling exposure hedging.
“One of our main priorities at Société Générale is to provide high-quality services to our clients, and this includes providing better trading processes and best execution services,” said Stephane Malrait, global head of e-commerce at SG CIB, in a statement. “We are reaffirming this commitment by extending our FX eCommerce offering for clients through TradingScreen.”
“We are delighted to see a well-recognised market maker and innovator like Société Générale join our network of destinations and bring its liquidity and market expertise to the largest buy-side electronic community in the business,” added Philippe Buhannic, CEO of TradingScreen.