FENICS FX, LLC
NEW YORK, NY

FENICS FX, LLC is a pioneering Electronic Communication Network (ECN) platform in the Forex market, having been launched in New York, Florida, with incorporation taking place on January 17, 2018. It prides itself as the first new ECN introduced in three years, bringing together pricing from leading banks, non-banking entities, and regional specialists to provide comprehensive solutions for institutional FX traders. FENICS FX's mission is to create an actionable and authentic marketplace where liquidity is transparently available. The platform limits its pool of market makers to no more than ten per currency pair, ensuring only the top-tier participants are included. This strategy fosters a fair trading environment by maintaining stringent criteria for liquidity providers, who not only offer competitive pricing but also maintain risk-taking rather than offloading it. The company utilizes an experienced team dedicated to managing liquidities without relying solely on algorithms. By limiting market makers and holding regular assessments of their performance, FENICS FX encourages accountability and high standards in liquidity provision. With a specialized focus on facilitating 2-sided markets throughout the trading day, liquidity providers on the platform are also encouraged to maintain inventory, aligning with FENICS FX’s commitment to genuine and competitive liquidity for its users. Located at 499 Park Avenue in New York, N.Y., Fenics FX maintains transparency about its service offerings through its website, fenicsfx.com, and provides support via a team of professionals. As an affordable option among ECNs, the platform imposes nominal fees for direct usage, highlighting its customer-centric approach. Fenics FX is duly registered in Florida with a status classified as 'FORL' under file number M18000000473. The organization remains engaged in fostering industry connections and visibility through various channels, ensuring that it stays at the forefront of innovations in FX trading infrastructure and technology.