SolutionTechnologyLiquidity Business Model

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SWFX Swiss Forex Marketplace Technology

Among marketplaces with a centralized structure, Dukascopy Bank gives access to the Swiss Forex Marketplace by combining liquidity of clients, other marketplaces and a number of banks.

The general scheme above shows the main participants of the business model. The left side includes centralized and decentralized liquidity providers. Combining their bid/offer orders in the resulting data feed, the central element is in fact the liquidity pool itself, being at the same time a centralized marketplace for its clients: liquidity consumers and centralized liquidity providers. Liquidity consumers are able to place bid/offer orders. 

Clients' Trading Accounts with Dukascopy Bank can be funded via money transfer, bank guarantee, credit/debit cards funding or segregated accounts with Swiss Banks. The custodian service, in cooperation with a number of Swiss Banks, allows clients to keep money in their banks while getting credit line to trade in the Swiss FX Marketplace. The custodian service consists of automatic daily settlement of P&L and trades in the client's bank account. In this case, clients trade directly with Swiss Forex Bank & Marketplace from their personal Swiss Bank Accounts, without making funds transfer to Dukascopy Bank.

To cite a few examples of practical achievements from this technology, Dukascopy Bank would like to mention that every client is able to trade 100 million EUR/USD in One Click with effective spreads of 1.5-2.0 pips. When trading smaller amounts, one can obtain spreads as low as to 0.1-0.4 pips for majors.

Dukascopy Bank can add liquidity on top of liquidity provided by external counterparties. As a result, not all and every Client positions are hedged with such external counterparties. The FAQ details how the Client interests are protected.

To gain access to SWFX (to open an account) please apply to Dukascopy Bank.

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