Liquidity
Non-bank market-makers stress partnership approach
FX heads towards the Amazon approach as diversification becomes more important
Panellists call for more standardisation in FX
FX Week USA conference delegates hear suggestions for market structure challenges
Minding the liquidity gap
Last year, murmurs started amongst FX market participants that liquidity was increasingly a cause for concern. Those fears have now become a reality, and the quest to find the cause and solution for diminished execution capacity is now well and truly on
Emerging markets liquidity hit as banks pull back from risk warehousing
The difficulties of trading currency positions in G10 markets are exacerbated in EM, according to traders
Saxo shuts retail MT4 offering
Danish bank closes its Cyprus-based subsidiary as it concentrates on its newly launched trading platform, SaxoTraderGO
Flash crash moves loom in FX markets
Participants are concerned by sharp, sudden moves in currency markets as traders struggle to explain extreme bouts of volatility
Changing landscape of the FX brokerage world
SNB Thursday brought home the extent of changing FX liquidity
FX will be half of our revenue in two years, says LCG's Sabet
Broker aims to boost its share of FX revenues through global expansion and a focus on core retail customers
Spreads widen as liquidity worsens in FX
Executing large orders can be as much as 25–30% more expensive as banks pull out of risk warehousing
Currency manager calls for Swiss franc liquidity inquest
The collapse of foreign exchange liquidity during and after the huge Swiss franc move on January 15 caught market participants by surprise. Some are calling for an official enquiry
USD/CHF options burn banks amid illiquid markets
Traders say dealers who lost money in last month's huge Swiss franc move are likely to have done so because liquidity evaporated, making it impossible to hedge sold options
Regulators highlight dark pool concerns
Bank of England emphasises the potential risks of too much liquidity migrating away from open-market venues
Ruble liquidity split unsettles market
EBS and Thomson Reuters are among the hardest hit by a dearth of offshore liquidity as some market-makers pull back from the ruble
Taiwan fixing could fragment offshore renminbi liquidity
Latest CNH fixing will be a boon for Taiwan’s derivatives market, but concerns have emerged over the potential silo-isation of the renminbi market
One last look at last look
Jacob Loveless, New York-based chief executive of FX technology firm Lucera, weighs into the debate over last look practices, which have come under scrutiny in recent weeks
World Cup set to "shut down" LatAm markets
FX markets are set to take an early summer break as the football tournament turns participants' heads away from the trading floor
Perspectives on 2014: Roger Rutherford, ParFX
With 12 banks now trading on ParFX as members, the platform will open up to the buy side in the coming months, which will test the strength of its business model and trading rules
BoE's Carney: liquidity support for CCPs a 'last-resort option'
BoE governor insists clearing houses must have enough liquidity to cope with default of two big member firms
FX Week Europe: 'Patchy' liquidity in FX a concern for the future
Concentration in the number of liquidity providers and the reliability of HFT market-making raises concerns for senior industry officials
Best Banks 2013: Citi reclaims top place from Deutsche
US bank has returned to top position in foreign exchange, having been voted best bank overall for FX dealing in the 2013 Best Banks survey
Political risk biggest challenge for Mena investors
Unable to predict the outcome of current turmoil in Syria and Egypt, investors have mixed outlooks for the Mena region over the coming months
Liquidity mirage continues in FX, despite platform efforts
Several FX trading platforms have taken steps to prevent price flashing and other disruptive practices, but some participants remain concerned about the quality of liquidity that is shown by platforms and aggregators
FX investors struggle to exit illiquid EM currencies
A rush to sell certain EM currencies in recent weeks has led to a dearth of liquidity and heightened the risk for buy-side firms
Corporate cash seeks new home as money-market reforms loom
New regulation on both sides of the Atlantic threatens to make money-market funds less attractive for corporate treasurers. Banks are hoping this cash will flood into fixed-term deposits instead, helping them meet incoming liquidity ratios, but they’re…