FairXchange Horizon platform chosen for FX liquidity management on CME’s EBS Direct
FairXchange, part of United Fintech and a leading data science firm specialising in microstructural analysis of the FX markets, has announced that CME Group (NASDAQ:CME) has selected its Horizon solution to provide execution analytics and liquidity management on CME’s EBS Direct.
The Horizon solution is designed to optimise liquidity provision, foster constructive dialogue between liquidity providers and consumers and significantly boost transparency across the FX marketplace. It will also empower market participants with direct data interaction for improved execution on EBS Direct.
Guy Hopkins, Founder of FairXchange and Head of Capital Markets forUnited Fintech, said,
“We are thrilled to welcome CME Group to the Horizon ecosystem. CME Group is one of the most significant and respected institutions in global financial markets, and their decision to select Horizon is a strong validation of our commitment to promoting transparency, collaboration and commercially sustainable trading relationships. We look forward to supporting their continued innovation across the FX market.”
Paul Houston, Global Head of FX Products, CME Group, commented,
“We are continuously focused on providing our clients with the most advanced tools to navigate the FX markets effectively. Leveraging FairXchange’s Horizon solution will significantly enhance liquidity management for EBS Direct. This solution will empower our market participants with independent, data-driven analytics, enabling more informed decisions and optimising liquidity management and execution.”
About FairXchange and United Fintech
FairXchange, part of United Fintech, is a data science firm specialising in microstructural analysis of financial markets. Its mission is to bring clarity and transparency to execution performance through independent data, facilitating constructive, data-driven conversations between market participants.
United Fintech is an industry-neutral ecosystem connecting financial institutions with best-in-class fintech solutions. Founded in 2020, it brings together innovative companies such as FairXchange through selective acquisitions, deep integration, and a shared infrastructure that streamlines procurement and accelerates the adoption of new technology across global finance. Backed by strategic investors including Citi, Danske Bank, BNP Paribas, Standard Chartered, and now Barclays, United Fintech combines capital markets expertise with technology leadership to help financial institutions modernise their operations and drive sustainable growth.
About CME Group
As the world’s leading derivatives marketplace, CME Group enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing.
