FXall to launch anonymous platform

The multi-bank portal sent out an information pack to banks last week outlining how the platform is likely to work. It is seeking expressions of interest by the end of the month, according to a bank source familiar with the platform's plans.

It is looking to connect the first liquidity providers by the end of   November, he said. The platform will operate under a prime brokerage model and will seek to source liquidity from buy-side participants as well as the bank community, the source said.