Trading
Exchange launches asset-backed coins for asset managers
ABCs will be tradeable on the newly launched Abacas exchange
Nasdaq seeks share of surveillance market
Nasdaq's Smarts Trade Surveillance aims to spot trading anomalies and help clients to avoid market manipulation
Platforms turn to pricing in fight for market share
The latest price offerings from currency platforms Hotspot and Integral may be the sign of a maturing market, say participants
FXall last-look function under client review
The Thomson Reuters-owned platform seeks feedback from customers on its newly proposed last-look criteria
Barclays chats reveal extent of USD/RUB manipulation
The CME/Emta benchmark has once again been thrust under the spotlight following the CFTC's $400 million Barclays fine on May 20
Market-makers tweak algorithms post-SNB move
Liquidity providers have been seeking ways to improve their electronic price formation since the Swiss franc event in January
Thomson Reuters trading rules to be enforced from July 13
Enforcement of the Matching rule book, updated last year, will start in mid-July
Hotspot on the offensive with free FX offer
Platform chief says price competition is "long overdue"
Currencies bolster Virtu's rise in trading income
Market-maker posts first-quarter results, showing a rise in FX trading income of more than 100%
CME FX fix under microscope in new lawsuit
Possible listed FX futures and options manipulation brought to court in New York as scope of benchmark investigation widens
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
Rabobank tops table with three spot-on calls
Dutch bank wins with bang-on EUR/USD forecast
Integral launches all-to-all trading venue
Technology company launches fee-based subscription platform dubbed OCX and sets up clearing member programme
Citadel sees no role for banks in FX market making
Citadel's Nazarali made the comment as panellists at FX Invest North America discussed alternative market-makers, last look and shifting market dynamics
Hotspot's London push may spark price war
New owner Bats paid customers to attract market share in equities; London matching engine takes first step in expansion
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
Buy side seeks alternative ways of handling large orders
Due to the unwillingness of banks to handle larger buy-side orders and the changing structure of the WM/Reuters benchmark
Buy-side grapples with fix fee puzzle
Panelists at the 8th FX Invest Europe conference discuss benchmarks, last look and changing industry dynamics
Challenger platforms face first real test as FX markets pick up
Numerous trading platforms have sprung up since 2011, bang in the middle of years of stagnating volumes. As volatility comes roaring back, they face a crucial year
GSA split amicable, Gerko says
GSA's head of FX trading says his spin-off from the hedge fund was planned for months, with the support of GSA
Bats won't hike fees on Hotspot, says Concannon
The stock exchange operator is committed to its core low-cost strategy, says Bats Global Markets president Chris Concannon
EBS set to unveil new trading platform
EBS brings together all of its liquidity sources in one integrated trading venue
FastMatch volumes drop amid FXCM's difficulties
Institutional clients have become wary of trading on FastMatch following FXCM's $300 million bailout by Leucadia earlier this month
Bats Global snaps up Hotspot as it moves into FX
US equity exchange operator buys Hotspot from KCG for $365 million in cash