Molten Markets Launches FX ECN; Leverages Technology from First Derivatives, Kx Systems

Startup Molten Markets has launched MoltenFX, a new ECN for the foreign exchange markets. The venture is led by Simon Wilson-Taylor, most recently head of FICC eCommerce at UBS, and leverages technology developed by First Derivatives, based on Kx Systems’ kdb+ database. Wilson-Taylor says it is “an ideal time” to launch a new FX ECN,...

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