Icap
EBS ditches decimals as part of platform overhaul
Full-pip and half-pip pricing will return to major currency pairs on EBS from September 17, as platform's new management team recognises flaws in decimalised pricing
All eyes turn towards EBS
EBS is set to unveil the next round of system and policy changes this week, which will be closely scrutinised by newer entrants and competing platforms
The platforms of 2012: LMAX Exchange
The launch of new trading platforms and the restructuring of incumbents has become a clear trend in the foreign exchange market in 2012. In the first of a series of articles seeking to assess the strategies and challenges of new and existing platforms,…
Shining a light on high-frequency trading
Forex trading platforms are intent on tackling any negative effects of high-frequency trading, but the speed of the practice makes it tough to manage the risks. Robert Mackenzie Smith reports
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…
E-FX Awards: Graduation of the class of 2000
Citi, JP Morgan, Saxo Bank, MarkitServ and Icap's Gil Mandelzis are among the winners of the 2012 e-FX awards, which recognise excellence and innovation in FX technology
Achievement award: Gil Mandelzis
Traiana’s co-founder and former chief executive wins the 2012 e-FX achievement award in recognition of his lasting contribution to the development of the industry over the past 12 years
Electronic broking initiative of the year: Tradition-Icap
Foreign exchange options broker Tradition-Icap wins this new e-FX initiative award in recognition of its daily volatility fixing, which dealers see as a landmark development in the trading of volatility
TraFXpure beefs up with Rutherford appointment
TraFXpure has hired Roger Rutherford and Campbell Adams to drive the new platform's strategic vision
EBS clamps down on disruptive behaviour with new dealing rules
The platform will more closely monitor practices such as flashing of orders as part of an effort to incentivise liquidity enhancement and drive out disruptive behaviour
FXall fills gap in Thomson Reuters’ forex portfolio, says Jas Singh
Speaking at FX Week USA conference, Thomson Reuters FX head says the acquisition of FXall has been on his personal agenda for four years, but has taken time to push through
Platform proliferation branded unsustainable as Tullett/Integral venture launches
The frenzied round of FX trading platform launches will undoubtedly lead to a round of consolidation, with less successful players squeezed out of the market, argue FX Week USA speakers
Thomson Reuters' FXall acquisition raises industry questions
Acquisition of FXall by Thomson Reuters for $625 million has sparked a number of questions, not least over the future of chief executive Phil Weisberg
FX Week China: RMB internationalisation will take time
Significant progress has been made since 2010 in opening up renminbi to international participants, but it has to be done gradually, say speakers at FX Week China
And so to the front office
Following the recent appearance of two alternative trading platforms, questions have been raised about how many new platforms the FX market can hold
Euro exit testing intensifies
Banks and FX market infrastructures are stepping up their efforts to prepare for a possible redenomination of eurozone currencies if Greece is forced to leave the currency union, but some investors would like to see new contracts to protect them from…
New-look EBS will drive out disruptive players, vows Mandelzis
Speaking for the first time about his plans for EBS, chief executive Gil Mandelzis says the platform will remain open to all participants that enhance liquidity
Traiana appoints sales head from Thomson Reuters
Michael Verkuijl joins Traiana's executive team as global head of sales, based in London
Spotlight on: Ron Levi, GFI Group
The interdealer broker’s chief operating officer talks to Joel Clark about the growth of GFI Group during its 25-year history, its strengths in foreign exchange, and why he expects to be among the first wave of brokers to register as a Sef under the US…
Mandelzis rings in the changes at EBS
The new chief executive unveils the make-up of his new management team, with several staff working across Traiana and EBS
Citi’s Coyne secures top role at Traiana
Andy Coyne has resigned from Citi and will become the next chief executive of Traiana, following the move of Gil Mandelzis to EBS
Tradition-Icap hires business development head for Asia
Tim Johnson has joined Tradition-Icap from SurfacExchange, and will report to Terry Benson
Micex-RTS pushes ruble growth with FX swaps initiative
Participants push the growth of the Russian ruble, but frustrations remain over the slow adoption of real-time gross settlement
FX trading volumes remain in decline
Icap and Thomson Reuters both report further declines in trading volumes in April