LoopFX nears launch with Factset’s Portware partnership
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Start-up dark pool operator LoopFX plans to launch a new ‘peer-to-peer-to-bank’ matching engine in the second quarter of this year after striking a partnership with FactSet’s Portware trading platform.
The partnership with Portware’s execution management system (EMS) will help unlock access to a range of large, long-only asset managers and could prove crucial for LoopFX to build activity from the start, its co-founder and chief executive Blair Hawthorne tells FX Markets.
The firm’s strategy is to
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