Our Technology
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 midmarket pricing and pre-trade anonymity of a session-based auction. Using proprietary Smart Order Routing technology, Fenics Invitations connects Buyside counterparties with relevant, interested Sellside, reducing market noise and promoting better execution.
Refreshing Every Five Minutes
Fenics Invitations offers users the chance to trade at an independent, machine generated mid-level that is intended to refresh every five minutes*.
Know More * In EM Hard currency instrumentsSmart Order Routing
Using our internal footprint, Fenics Invitations routes Buyside orders to Sellside who have expressed interest in a bond reducing market noise
Know MorePre-Trade Anonymity
Know more about our technology and how pre-trade anonymity is implemented.
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Entity Disclosure Post-Trade
Fenics Invitations facilitates positive relationships between Buyside and the Dealer community with entity disclosure post trade.
Know More180 Second RFA
Short targeted 180 second RFA. No need to wait around for a print – trade or trade away
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One Central Counterparty
Matched principal trading, with all users facing either BGC Financial, LP via the Fenics Credit ATS in the US or BGC Brokers LP in the UK
Know MoreBuyside & Sellside System Access
EMS Connectivity (Buyside)
Leverage pre-existing integration that fits directly into your existing workflow
Delivered Via GBX (Sellside)
Fenics Invitations is deployed through a trader’s existing GBX Screens. Same logins, same technology.