BidFX joins MarkitServ’s FX network

The firm expands range of post-trade processing services it offers clients

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Connected: about 80 FX venues are linked to MarkitServ for post-trade processing

MarkitServ, the over-the-counter derivatives trade-processing service of IHS Markit, has added execution-management system BidFX to its offering, allowing clients to connect to the venue for post-trade straight-through processing (STP) – covering FX spot, forwards, swaps and non-deliverable forward contracts.

“BidFX is a technology driven company, and integrating with them gives our customers post-trade connectivity to this important marketplace,” says Chris Leaver, managing director and head

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