BidFX has announced a partnership with C8 Technologies which will enable asset managers to undertake direct indexing via their chosen relationship banks, available on the BidFX system. This will allow C8’s tradable FX indexes to be tracked and executed directly on the BidFX platform.
Initially, the C8 FX Combination Index, a monthly-trading, systematically-weighted aggregate of C8’s FX macro and risk-premia indexes will be available, with more to follow, including AI-driven FX indexes.
BidFX Head of EMEA Sales, Roger Lee, commented: “Beyond the algo suite and execution tools, which traders are familiar with on BidFX, the C8 indexes add a new avenue for our asset manager clients to explore, as they seek long term alpha from forex as an asset class. This is a highly innovative partnership of leading technology solutions and we expect the relationship and client uptake to flourish.”