Currencies are mainly traded over-the-counter (OTC) directly between two parties, referred to as the ‘counterparties’ of the transaction.
Market participants active in currency markets will wish to have relationships with a sufficient number of counterparty banks willing to transact and provide price quotes.
What is MillTechFX?
We provide access to a transparent marketplace for comparative FX execution from up to 15+ counterparty banks, while harnessing a unique and significant pricing efficiency for our clients and reducing their operational burden. In addition, MillTechFX provides clients with full transparency of execution via independent TCA reporting.