Electronic trading
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.
CLS volumes and values up year on year in 2010
Average daily volumes settled over CLS in 2010 were up 33% on 2009, with 792,900 instructions settled. Average daily values were also up, by 22%, with $4.1 trillion settled.
Icap to launch decimalised pricing on majors in February
Interdealer broker Icap will launch decimalised pricing on major currency pairs on EBS Spot on February 14, the broker told FX Week.
Triumph in the midst of adversity
The past 12 months have been perhaps some of the most challenging for the foreign exchange market as it pushes to ensure it remains independently governed as an industry with its specific risks, while continuing on the growth trajectory aided through new…
BAML launches e-FX trading platform for options
Bank of America Merrill Lynch (BAML) launched electronic FX options trading for institutional and corporate clients on its single dealer platform MLFX on Monday (December 13).
Icap pilots bank-only block trading platform for manual users
Interdealer broker Icap is today (December 13) beginning the pilot of a bank-only block trading platform for manual users of the EBS workstation, officials at the broker tell FX Week.
The curious case of Pure FX
There’s been a lot in the press in the past week about a consortium of banks looking to launch a bank-only platform to rival EBS Spot, having become disgruntled by the influence lost to high-frequency traders.
BIS: 'Others' drive growth in FX market
The Bank for International Settlements (BIS) attributes 85% of the growth in FX market turnover in 2010 from 2007 to increased trading activity of other financial institutions, notably high-frequency traders, banks trading as clients of the biggest FX…