Electronic trading
UBS transformation in FX reaps rewards
UBS rises to third place in this year's rankings and picks up four awards, having expanded its FX capabilities in several key areas over the past year
Eurobase debuts Evo single-bank platform
New single-bank platform will have enhanced user experience and the flexibility to trade asset classes other than just FX and money markets, officials at Eurobase tell FX Week
Spotlight on: Simon Jones, Citi
Citi's head of G-10 spot trading for North America and global head of foreign exchange electronic trading talks to Miriam Siers about the growth of the bank's e-trading capabilities in recent years, and how his team has navigated the recent period of…
Profile: CLS Bank's Bozian on regulatory co-ops and CCP settlement risk
Regulators are struggling to ensure they have oversight of over-the-counter market infrastructure without losing the benefits of centralisation. CLS Bank’s council of supervisors could be the precedent they follow. By Michael Watt
Morgan Stanley multi-manager platform goes head-to-head with Deutsche and Citi
FX Gateway, launched this week, will leverage Morgan Stanley’s prime-brokerage and distribution capabilities and give institutional investors direct access to up to 20 currency managers
Gain launches new voice-trading desk
Gain Capital's GTX institutional offering adds a new phone-based execution service
Buy-side call for algorithmic execution in foreign exchange
The institutional buy side is becoming more sophisticated in the way it executes FX trades, and algo platform providers are accelerating their investment in new technology to keep up with growing demand. By Michael Marray
Electronic FX trading in Asia may switch to multi-dealer platforms
The Asian FX derivatives business is expanding rapidly, driven by increased participation from financial institutions and hedge funds. While single-dealer platforms have increased market share over the past few years, incoming regulation could force FX…
Lloyds rolls out Arena to compete in FX e-commerce
Launch of Arena platform comes after more than a year of development, which started in mid-2010 with the formation of a client advisory board to determine the key elements of the e-trading platform
Trading volumes soar in July, report EBS, Reuters and FXall
High volatility in FX markets as a result of eurozone sovereign debt issues and the US debt problems have resulted in record volumes, platforms report
FX Invest: Deeper markets, broader opportunities
The foreign exchange industry could be set for a shake-up. But with all things new come great opportunities.
FX Invest: Rise of the super-Sefs
The Dodd-Frank Act created a multitude of would-be swap execution facilities (Sefs) – trading platforms that will aggregate dealer liquidity. Now, dealers want to hoover up the Sefs by building their own aggregation services, but it’s a strategy that…
Elliott quits BAML in London
Ex-Credit Suisse options head’s plans unknown
Parry and Park join BAML
Both will work in FX e-commerce
Deutsche's Autobahn spin-off plan shelved
Dodd-Frank caused Deutsche to look at reinventing its Autobahn platform as a Sef – but dealers now see a future for their platforms as price aggregators
Cloud Trading Technologies adopts Microsoft cloud for FX product set
Cloud FX will leverage Microsoft's Azure cloud technology to deliver FX trading applications in a virtual format
TraderTools steps into the light with Citi Prime Finance
Vendor plans to pilot fully transparent aggregation tool to rival FX ECNs by the end of April
CBA completes first phase of FX systems overhaul
Commonwealth Bank of Australia's Baxter e-FX platform set to go live this week
Spotlight on: Kevin Rodgers, Deutsche Bank
Deutsche’s global head of FX spot, e-trading and derivatives talks to Joel Clark about how the bank is positioning the different elements of its FX business to satisfy the changing demands of its clients and the evolving regulations
Spotlight on: David Rutter, Icap
Icap's head of electronic broking talks to FX Week about the evolution of the EBS spot platform, and plans for 2011.
Thomson Reuters’s time in the spotlight?
The old rivalry between EBS Spot and Thomson Reuters might be getting a new lease of life, as Thomson Reuters positions the Thomson Reuters Dealing system as a Sef and MTF-compliant platform for bespoke product trading. And now the Matching Host…
Thomson Reuters Dealing targets Sef and MTF compliance by Q4
Thomson Reuters aims to make the Thomson Reuters Dealing peer-to-peer conversational trading application compliant under swaps execution facility (Sef) and multi-lateral trading facility (MTF) rules by Q4, the vendor tells FX Week.
Saxo hires Citi vet
Saxo Bank has hired Citi’s former global head of client management as it expands its front-office business in London.