Proprietary trading firm Jump Liquidity announced today that they have joined BidFX, the EMS designed for the 5 trillion daily FX market, as their newest liquidity provider.
LeapRate reminds that earlier this year, Singapore Exchange (SGX) has acquired a 20% stake, by investing $25 million, in TradingScreen’s BidFX – a specialized trading platform for global FX markets, launched back in 2017.
BidFX CRO, John McGrath, commented on the news:
With the rapid expansion of BidFX we are happy to see Jump Liquidity join our EMS in response to high client demand. Their tailored liquidity will enrich the liquidity provision of our platform and provide a bespoke solution for many clients.
Jump Liquidity’s Head of Distribution, Europe Harry Kent said:
Jump is one of the largest market makers in FX central limit order books and ECNs and we’re excited to continue that trend in our direct business by becoming a new liquidity provider on BidFX for Spot FX, NDF and Precious Metals Trading.