Trading platforms hope for end to 'Truman Show Market'
Search is on for emerging markets growth
Currency trading platforms hoping for an end to the artificially low volatility environment that has kept trading volumes muted in major currencies, are looking to emerging markets units and product innovation to combat stagnant FX flows.
Major forex platforms attribute flat-lining daily volumes to the lack of interest rate differentials in developed economies, and central bank efforts to boost economic recovery by measures such as quantitative easing. The increasing degree of internalisation
More on Trading
Forward thinking: Banks adapt P&L mark-out tools for FX forwards
Dealers modify market impact measurement to get better handle on profitability – and client value
BNP Paribas to launch e-FX pricing engine in Singapore
BNPP is latest bank to set up Singapore pricing engine; readies Cortex Live launch with AI and data tools
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
FX market growing, but more risky – BIS review
Reduced reliance on PvP and heightened fragmentation threaten market resilience
BidFX eyes expansion in execution tools and algos
Buy-side focus on FX exposure will drive development
Call for clarity on last look rejections
Asset managers say holding periods “far in excess” of what is necessary for risk checks
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
FXall bolsters frontier liquidity with new partnership
The alliance will extend liquidity to several currencies in Africa and Asia
