LSEG has successfully introduced Deposits trading on FXall, with the first Deposits transaction now executed on the platform, marking an important milestone in the continued evolution of FXall's multi-asset workflow capabilities.
The enhanced capability enables clients to trade Deposits and Loans alongside other foreign exchange products through a single platform, using FXall's established Request for Quote (RFQ) workflow. Clients can execute standard tenor and broken-date transactions with their preferred liquidity providers while benefiting from streamlined workflows, straight-through processing and enhanced post-trade reporting.
The first trade demonstrates renewed demand for electronic Deposits and Loans and reinforces FXall's commitment to delivering efficient, scalable solutions that address the evolving needs of treasury, investment and institutional market participants.
Through the enhancement, clients can access Deposits and Loans directly within the FXall applications available in LSEG Workspace, bringing together FX and deposit execution within a single user experience. Trades are fully integrated into existing trade history, reporting and operational workflows, helping firms simplify execution and reduce operational complexity.
Key benefits of the service include:
- Trading Deposits and Loans through the same platform used for FX execution
- Request-for-Quote functionality with preferred liquidity providers
- Support for standard tenors, effective date and bespoke maturity dates
- Straight-through processing capabilities
- Integrated trade history and reporting functionality
The solution also introduces enhanced reporting and monitoring capabilities for both clients and liquidity providers, including updates to Treasury Center, Business Objects reports and operational dashboards to support Deposits and Loans trading activity.
The successful execution of the first Deposits trade marks an important milestone in bringing together FX and deposits on a single platform. By extending FXall's proven RFQ capabilities into Deposits and Loans, we are enabling clients and liquidity providers to simplify execution, improve efficiency and access a more integrated trading experience.
Audra Scharf
The introduction of Deposits and Loans represents a significant enhancement for corporate clients, many of whom have expressed the value of being able to manage FX and deposit activities through a unified workflow.
By combining these capabilities within FXall, organisations can streamline execution, improve visibility across transactions and simplify operational processes. The launch forms part of LSEG's strategy to expand workflow solutions across FX, and the broader Deposits and Loans ecosystem.
As FXall celebrates 25 years, its rich heritage in FX trading, and its role in connecting the global FX community, this enhancement underscores our commitment to serving clients through continued innovation as FXall becomes integrated into LSEG Workspace.
The ability to execute Deposits electronically through FXall represents an important step forward in streamlining treasury operations. By bringing FX and Deposit and Loans activities onto a single platform, we can benefit from greater efficiency, improved transparency and a more integrated workflow. We are pleased to have participated in the first Deposits transaction and look forward to supporting the continued development of this capability.
Demetris Stephanides