LoopFX and FactSet announced plans to integrate LoopFX into FactSet's Foreign Exchange execution management system, Portware, in early 2024. FactSet will embed LoopFX's ground-breaking ?Peer-To-Bank? matching engine technology into Portware, providing FactSet?s clients easy access within their existing workflows directly on their trading screen.

LoopFX serves both the buy-side and sell-side by sourcing large block liquidity in a dark pool, eliminating information leakage. Matching asset managers and banks at an independent market mid-rate, LoopFX reduces trading costs and improves execution processes for large FX trades in excess of $10 million. FactSet?s Portware Platform is an advanced multi-asset Execution Management System (EMS) used by leading buy-side traders worldwide.

Portware enables traders to analyze, communicate, and execute orders with diverse market participants and liquidity destinations through highly efficient, customized, and automated workflows.