KX enhances its white-label foreign exchange trading platform, KX Flow
KX, a worldwide leader in real-time streaming analytics, has today announced enhancements to KX Flow, its white-label foreign exchange trading platform. The enhancements help financial institutions better manage market risk, with a new automated capability to optimize position and hedging strategies. Additional pricing and connectivity improvements further optimize pricing streams and enhance flexibility.
New auto hedging capabilities extend hedging logic based on trade and position size, as well as on realised, unrealised and total P&L per book. Risk can now be organized into multiple books, each with their own positions and hedging rules. These rules can be configured in real-time using a range of order types and smart order routing for optimized execution and profitability.
“With the new KX Flow auto hedging capabilities, financial institutions can better control their risk through comprehensive rules-based position management tools that allow them to dynamically analyze and update pricing and risk profiles in real-time,” said Rich Kiel, Global Head of FX Solutions, KX. “Aligning this with KX’s market leading pre and post trade analytics provides real-time, intelligent insights enabling our clients to achieve better execution while reducing risk and optimizing their profitability.”