Flextrade to launch block trading platform

Other players including spot broker EBS are also understood to be considering similar initiatives amid frustration among market participants over the difficulties in trading large blocks with minimum market impact.

Flextrade's platform, called MilanFX, will enable users to execute large block FX trades, typically at $100 million+ face value, anonymously and without market impact or information leakage, the vendor told FX Week. Users will join an undisclosed community of traders to