Workflow: Trade Execution and Allocation

  • FX Connect maintains a list of your approved brokers and designated trade criteria
  • Restrictions by broker, account, amount and certain other trading criteria can also be enforced
  • Execution flexibility enables you to trade via a variety of methods:
    • Portfolio trading
    • RFQ competitive
    • RFS competitive
    • Algorithmic
    • Benchmark
    • Order slicing
  • Allocation functionality allows you to confirm allocations for trades executed outside of FX Connect
  • For users who are also participants on SwapEx (State Street’s temporarily registered swap execution facility), FX Connect permits routing of orders submitted in FX Connect to SwapEx for execution and conveys the executed trade reports to the user for straight through processing
  • Once trades are executed, export of trades can occur back to order origination point
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