☝️ Here is a great write up from Johnnie and the Augmentum Fintech team on why they followed FX Connect and Portware, a FactSet Company, in partnering with LoopFX 👍 A great quote from Johnnie here too.. 👉 “The market expected real-time decision making to be guided by historical performance, a faux pas that is written into nearly every financial disclaimer - “past performance does not guarantee future returns”… Yet every day, Asset Managers, through no fault of their own, execute the largest FX transactions in the world based on Banks performance several weeks or months previous…”
Last month, we announced our investment in LoopFX, the new independent venue for large spot FX trades, with a unique matching solution for market participants. Blair Hawthorne and the LoopFX team are building what we believe is one of the most innovative businesses in the space, and we look forward to working with them to bring more efficiency and transparency to this market. Take a deep dive read of why we invested here: https://lnkd.in/eZ2YPVjB