FENICS INVITATIONS, THE SMARTER WAY TO TRADE
A Smart Trading Protocol
Fenics Invitations is a new Execution Service, which is intended to provide an all-day trading protocol that combines the “Call and Response” and anytime aspect of an RFQ, with the mid-market pricing and pre-trade anonymity of a session-based auction.
Connecting Buyside Counterparties
Using proprietary Smart Order Routing technology, Fenics Invitations connects Buyside counterparties with relevant, interested Sellside, reducing market noise and promoting better execution.
- Pre-Trade anonymity
- Post-Trade entity name exchange
- Anytime Trading with a 180 second request for auction
- Smart Order routing
- Mid-Market execution at machine generated mid-levels