FXMarketSpace will be the first centrally-cleared, global, over-the-counter foreign exchange (FX) marketplace. It will be the first FX platform involving the entire spectrum of market participants, including global and regional banks, asset managers, corporations, hedge funds and other market makers.

Trading Technologies intends to support all products that will be tradable with the initial launch, including spot transactions for six major currencies against the US dollar and four cross-currency pairs.

We are excited to be launching connectivity to the new FXMarketSpace. Given the strong and growing interest in foreign exchange trading, particularly among institutional traders, we believe our customers will embrace the opportunity to access this new global market, said Harris Brumfield, CEO of Trading Technologies.