R5FX has been nominated for Best Foreign Exchange Trading Platform by Financial News
We fully agree with the Financial News when they say….
“The challenge for many trading platforms – both new and incumbent – is that they often target exactly the same market segment as their competitors and struggle to gain sufficient volume to remain viable. Start-up platform R5 is different in that it has taken aim at a new and potentially fertile breeding ground – bringing electronic trading to emerging market currencies. Launched in 2015 after a fairly long gestation period, R5 is focused steadfastly on the currencies of Brazil, Russia, India, China and South Africa, as well as the so-called ‘Next Eleven’ currencies. With a small team headed up by FX industry veteran Jon Vollemaere, the R5 platform went live with London clients in October 2015 for electronic trading of non-deliverable forwards, extending to live trading in Singapore in April 2016. It’s still early days and R5 does not yet disclose trading volume, but this is clearly a platform to watch.”
Financial News will host its 14th annual Awards for Excellence, Trading and Technology, Europe 2016.
The winners will be unveiled at a gala dinner on Wednesday, 12 October 2016 at the V&A Museum, London