FOX Full Order eXecution allows buy-side market participants to execute large trades anonymously, on aggregated, competitive liquidity, in a single transaction with a single liquidity provider.
FOX features:
One Fill
One ticket
Full amount filled at desired rate
One price across multiple accounts
FOX benefits:
Only the bank streaming the best bid or offer gets the trade request
Only the client and the liquidity provider know of the trade’s existence
No market impact
Minimizes information leakage
Client anonymity
Customizable amounts