Lava to launch FX product range

The new system will offer both request-for-quote (RFQ) and anonymous dealing as well as features "new to the FX market-place", said David Ogg, head of LavaFX in New York. "We will be bringing the relevant capabilities we have deployed in the equities platform into the FX market-place."

One of these capabilities is a patented function that aggregates liquidity sources into one transactional platform, using intelligent order-routing.

Lava has already approached buy- and sell-side traders in equ