FX HedgePool goes live with three buy-side firms
Two US buy-siders trade with European firm on peer-to-peer utility created for them to source liquidity from each other
FX HedgePool (FXHP), a new foreign exchange utility enabling the buy side to match offsetting passive hedging flow, launched on January 31 with three large buy-side firms matching what is said to be a sizeable EUR/USD trade, FX Week has learned.
Jay Moore, founder and chief executive officer at FXHP, confirmed US-based Eaton Vance Management and Vanguard were among the first firms to go live with the service last week. He declined to name the European firm that stood on the other side of the
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