Ep263: How the FX trading playing field is being levelled for small and medium size corporates and asset managers

Eric Huttman, Chief Executive Officer, MilltechFX

Back in 2019 a European Central Bank paper suggested banks had been overcharging some corporate clients by as much as 25x more than larger clients for foreign exchange hedging. MilltechFX streams live rates from 10+ banks and claims clients may trade on the same execution terms as its parent, currency investment manager Millennium Global, which has some $20 billion in AUM. MilltechFX CEO Eric Huttman told Robin Amlôt of IBS Intelligence that customers can save between 50-95% on FX costs.