Baxter Financial Services Limited ("BAXTER") provides consolidated clearing of Spot FX across multi-bank venues. The service, called "FX Clearing 2.0", has established STP connections to all of the main multi-bank platforms, so that you can trade freely across a range of venues and have your margin requirement calculated on your net exposure.

Key Features:

• Best Execution: you can use the venues of your choice to get the best execution for your currency pair, trade size or time of trading
• Low Latency: You connect directly to each trading venue via FIX or via a GUI
• Real-time Risk Management: BAXTER receives trades from all FX venues in real time via STP. You can immediately see your up-to-date positions, with margin calculated on net exposure
• No Spreads: Each platform is accessed directly, market prices are not marked-up
• Sophisticated Reporting: includes cash account summary, net open positions, session trade report and margin monitor information
• Fast Implementation: once you open your account, we will get you trading quickly
• Flexible Position Management: positions can be viewed and rolled by trade, currency or currency pair