TradeFX, offers end users the ability to conduct transactions across the full spectrum of FX electronic trading models and venues, including Full Streaming (FS), Request for Stream (RFS) and Request for Quote (RFQ).
According to the agreement, Societe Generale Corporate & Investment Banking will offer the TradingScreen buy side client base a full foreign exchange execution suite covering spot, forward and swap deal types supported through RFQs and RFSs.
The solution enables customers to trade FX as an asset class effectively and simply at a click of a mouse without complex integration across platforms. It also provides them with the ability to view consolidated quotes, including spot, forwards and swaps, across multiple banks and liquidity systems.
TradeFX interoperates real-time with assets classes available through TradingScreen to provide a fully automated secondary FX capability to hedge exposure originated from trades and positions from other asset classes.
Stephane Malrait, global head of eCommerce at Societe Generale Corporate & Investment Banking, said: “One of our main priorities at Societe Generale is to provide high-quality services to our clients, and this includes providing better trading processes and best execution services. We are reaffirming this commitment by extending our FX eCommerce offering for clients through TradingScreen, a global provider of electronic trading solutions.”
Philippe Buhannic, CEO of TradingScreen, said: “We are delighted to see a well recognized market maker and innovator like Societe Generale join our network of destinations and bring its liquidity and market expertise to the largest buy side electronic community in the business.
“TradingScreen clients are highly sophisticated in their trading and require counterparty that is committed to build the future of our markets by merging flawlessly their trading capability and top technology. We will continue to develop our services and network of destinations to the FX community in the coming years to better serve them.”
