Currenex
FX platform pricing needs a rethink, say banks
Greater transparency on fees at some new trading platforms is a welcome development, with banks calling on incumbent platforms to rethink their fixed costs, as well as the discounts they offer to incentivise volume
State Street's Bond fixes sights on new initiatives
Appointed as Cliff Lewis’s deputy last year, Martine Bond has since stepped up to run trading and clearing within State Street’s Global Exchange business, managing both Currenex and FX Connect
Digital Vega to add non-deliverable options to Medusa
NDOs in testing on Medusa platform as some market participants begin to consider alternatives to deliverable FX options that could be more easily cleared
State Street appoints Conway to head new product group
State Street has reorganised its product offering, appointing Jeff Conway to head the newly created 'Global Exchange' group
Sucden Financial signs up Currenex to meet demand from proprietary traders
Institutional broker lures clients away from banks with better leverage and margin terms
Review of 2012: July - September
FX Week looks back on the biggest stories of 2012, continuing with the third quarter. To read the original stories, click on the links in black
EBS reversal on decimals brings relief among traders
Just 18 months after EBS moved to decimalised pricing on major currency pairs, senior bank traders have expressed relief that Icap will return to full pips and half pips later this month
CLS hires JP Morgan veteran as chief executive
David Puth will become the next chief executive of CLS, starting next week, the settlement risk utility announced today
Newns promoted to chief operating officer at Currenex
David Newns has been promoted to chief operating officer at Currenex, as Chip Lowry moves on to a new role within State Street Global Markets
The future frontier of FX trading
At the FX Week USA conference in New York on July 10, FX Week gathered together three recipients of the e-FX achievement award – Jas Singh at Thomson Reuters (2009); Clifford Lewis at Currenex (2010); and Gil Mandelzis at EBS (2012) – to discuss the…
Emea sales head exits FXall
FXall has lost its head of sales for Europe, the Middle East and Africa, just three months after the departure of Emea general manager Mark Warms
Société Générale pushes Alpha FX
Société Générale has begun mass marketing of its in-house developed electronic trading platform, Alpha FX, as it phases out First Access, its Currenex white-labelled platform.
smartTrade launches LiquidityConnect for FX
Liquidity management software vendor smartTrade Technologies has launched LiquidityConnect for FX, it announced on November 2.
Trading Places, October 11, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Regulation, Fragmentation and Execution Where to Next for High Frequency FX Trading?
Regulation established in the wake of the financial crisis to promote market integration, together with new norms being considered for high-frequency trading in equity markets, may unnecessarily complicate the FX market, says Chip Lowry, chief operating…
Fixi selects Integral to support expansion into institutional FX
LONDON - Foreign exchange broker Fixi has signed Integral as the technology vendor to support plans to target the institutional FX market, officials say.
Trading Places, August 16, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Skowronski takes the lead at Alpari
LONDON & NEW YORK – Daniel Skowronski has joined the executive management team of Alpari, a provider of online FX trading services
FXall targets Japan expansion
TOKYO – FXall continues to expand its presence in the Asia-Pacific region, with a key hire from Deutsche Bank in Tokyo.
Fixnetix Launches FX Trading and Data Services
LONDON - UK-based low-latency data and trading technology vendor Fixnetix has launched packaged services for firms trading foreign exchange, targeted both at pure FX traders and market makers, as well as high-frequency trading firms trading FX as part of…
TXC live with Tokyo co-location facility
TOKYO – Trading Cross Connect (TXC) went live with its Tokyo co-location facility on April 15, using a network and data centre solution from Tokyo-headquartered KVH.
Banks widen scope of IT budgets
Speakers at the FX Week webinar, FX technology arms race: the battle for market share, last Tuesday (April 20) covered a wide range of issues facing the industry post-crisis, including regulation, customers' increased demands and post-trade processing.