Institutional FX Connectivity Map
Explore how banks, ECNs, prime brokers, and liquidity providers connect in the global foreign exchange market. An interactive reference for institutional FX infrastructure.
Node Types
The FX ecosystem is composed of distinct participant types, each playing a specific role in liquidity provision, execution, and settlement.
Featured Entities
Key participants in the institutional FX ecosystem.
JPMorgan Chase
Largest FX dealer globally by market share
Citibank
Leading global FX franchise with Velocity platform
UBS
Major FX dealer with Neo platform
Deutsche Bank
Top-tier FX dealer with Autobahn platform
Barclays
Major FX dealer with BARX platform
Goldman Sachs
Premier investment bank with marquee FX platform
Guides
Educational deep-dives into institutional FX infrastructure concepts.
What Is an ECN in Forex?
How Electronic Communication Networks route institutional FX orders and why they matter for price discovery.
Read guideFX Prime Brokerage Explained
How prime brokers provide credit intermediation, enabling hedge funds to trade across multiple venues.
Read guideHow FX Settlement Works
CLS, PvP, and the infrastructure that settles trillions in FX transactions daily.
Read guideExplore the Full Connectivity Map
See how every participant connects -- from tier-1 banks and ECNs to prime brokers and settlement infrastructure.
Open Interactive Map