Jane Street ups its game in FX market-making
High-frequency trading firm now streaming bilateral spot FX liquidity to clients
High-speed trading firm Jane Street has expanded its spot foreign exchange market-making services to include direct streaming of liquidity.
As of this year, the firm is distributing its spot FX pricing to certain clients via disclosed, bilateral workflows – both on its proprietary single-dealer platform (SDP), JX, and hosted on trading venues, says a person familiar with the firm.
Up until this year, JX had been Jane Street’s SDP for European Union, UK and US equities. It also operates a digital
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