Electronic trading
When everyone’s model breaks at once
Firms that build models from the same information end up in the same trades, says LMAX Group’s head of data
McMillan swaps Nomura for UBS in new global FX quant role
He joins after just seven months as e-FX head at the Japanese bank
Bloomberg brings e-FX options trading to API
Buy-side users will run full RFQ workflow for vanilla and exotic FX options through one connection
FX Markets Asia Awards 2026: The winners
UBS and HSBC take four wins each, with Barclays, BofA, Citi, Crédit Agricole, Deutsche also among winners
Swaps traders spot their e-FX chance – finally
Swaps and forwards dealers are increasingly using spot e-FX techniques for pricing and risk management
How AI could reshape FX execution choices
Models can redefine transaction cost analysis and deliver ‘intelligent’ execution, writes BestX’s Yangling Li
Bank vs non-bank: FX’s two-tier reality
CME and LSEG data show banks provide sticky and broad liquidity, while non-banks cling tightly to the price
Beyond FX HedgePool: what’s next for all-to-all?
Proponents see bright future for trading model, but obstacles to take-up remain
Dealers split on best path to electronically hedge FX swaps
IDB costs see banks eyeing Clobs and dark pools, but traders say brokers still have their charms
Algo execution in a conflict: how the FX market held up
FX algo execution proved its resilience once more at the height of the Iran war, argues Goldman exec
FactSet’s Portware expands to tackle complex FX
EMS vendor eyes automation for high-touch FX trades while adding connectivity to new venues
XTX Markets’ US sales head joins rival IMC Trading
Benjamin Klixball takes up new role at Dutch prop trader in New York
Jane Street taps former Barclays e-FX trader
Latest hire comes as HFT firm expands spot FX market-making activities
Electronification hopes rise for FX swaps
Are swaps dealers finally getting out of first gear in the move towards e-trading?
Market-makers give mixed verdict as CME Spot+ turns one
Traders encouraged by depth of liquidity despite wider spreads and passive performance qualms
LSEG’s FXall to launch credit-intermediated FX forwards service
Split Risk to allow buy side to tap best spot and swap prices to create forwards, and unbundle market and credit risk
DB eyes regional bank algo boost from smartTrade tie-up
German bank expects number of banks using its hedging algo suite to double following aggregator integration
Morgan Stanley’s DiTrapano joins DB in top e-FX role
He replaces Benedict Carter as global head of electronic FX spot trading
Deutsche Bank’s head of FX e-trading Benedict Carter retires
Carter spent over 15 years at Deutsche in various spot and electronic trading roles
JP Morgan’s race to simplify FX options trading
Fewer clicks, more automation win systematic clients and boost electronic volumes
Staff exodus sparks questions about LMAX’s FX swaps venue
At least nine execs that joined from FX HedgePool – including CEO Jay Moore – have left the company