Trading
Australian regulators clamps down on leveraged forex trading
Australia joins global regulators to roll out rules protecting retail foreign exchange client assets
FXSpotStream adds Morgan Stanley as liquidity provider
The US bank becomes the seventh liquidity provider on FXSpotStream, which is now live and trading after it was first announced in May
FX Concepts acquires Track research business
Track.com chief executive Robert Savage is to become chief strategist at FX Concepts as he acknowledges the challenges of selling research independently
SmartTrade plans upgrade to LiquidityFX aggregation tool
Liquidity management technology vendor will add several new functions to its new aggregation system by the end of this year
Credit to remain a dominant theme in FX, says Traiana’s Coyne
Closer scrutiny of credit relationships has become a major trend in the FX market, leading to initiatives such as the Kill Switch, which has already been used to shut off the activity of a prime broker’s client, reveals Traiana chief executive Andrew…
Currency cliff-hedging
Imran Ahmad, emerging markets FX strategist at Royal Bank of Scotland in London, suggests a hedge against slowing US growth next year in the absence of a quick resolution to the US economy's fiscal issues.
EBS adds to product team with senior hire
Eisso VanderMeulen joins Icap in New York to work on EBS product development
Trade reporting pressure increases as CFTC deadlines loom
DTCC data repository has received provisional CFTC approval, just three weeks ahead of mandatory reporting for credit and rates, with FX reporting due to begin in January
Saxo marks 20 years with staff party in Egypt
Danish investment bank Saxo Bank celebrated its 20th birthday last week by flying its staff to Egypt for a party hosted by its co-founders
The platforms of 2012: Thomson Reuters
Thomson Reuters has refrained from making the major changes to its FX platforms that rival EBS has made in recent years, but that allegedly unresponsive approach has to some extent been vindicated by the challenges EBS has faced. In the latest in a…
FX committees prepare for platform proliferation
Monitoring trading volumes in the foreign exchange market is an important priority for the central bank-sponsored FX committees, but if liquidity fragments across a handful of new trading platforms, could that analysis become more difficult? Miriam Siers…
Euro will continue to rise, says HSBC
HSBC's bullish view on the euro - which it continues to hold in its current forecasts - lands the bank at the top of the one-month forecast rankings
CME’s new swap future uses Goldman Sachs patent
Licensing agreement could be worth up to 20% of revenues from patented contract, and is seen as an attempt by Goldman Sachs to hedge its bets as new rules threaten OTC market profits
FX futures and options volumes soar on CME
While volumes are down year-on-year, September has seen a number of record days on CME Group, particularly in currencies such as the Canadian and Australian dollars and the Mexican peso
Hedge funds moving more assets into prime custody accounts with active management
A move to separate custody accounts since the financial crisis has turned into a major trend with hedge funds now placing a growing portion of their unencumbered assets with prime custodians.
FX Concepts’ Taylor turns bearish on US dollar
The head of $3 billion hedge fund FX Concepts says the Federal Reserve’s open ended quantitative easing programme will drive the US dollar lower in coming months.
Portware hires three to grow product and sales coverage
Trading technology vendor makes three senior hires to focus on the client experience and meet growing demand for Portware FX
The platforms of 2012: TraFXpure
When it launches next year, TraFXpure hopes to become a primary trading platform in the FX market, alongside EBS and Thomson Reuters. While that’s a tall order in today’s environment, Tradition’s Daniel Marcus, Campbell Adams and Roger Rutherford believe…
QE3 sparks widespread dollar bearishness
The US dollar fell against most major currencies following the announcement of QE3 on September 13, but market participants are lukewarm on the likelihood of its success
Caplin unveils new development environment for bank platforms
Caplin Systems is launching a new development environment based on HTML5, which it believes will allow banks to build more effective single-dealer platforms
Barclays upgrades Oasis FX analytics tool
Enhanced version of Oasis includes a new charting, analysis and back-testing tool, known as Atlas
Insight Investment to acquire currency manager Pareto
Pareto Investment Management will become part of the Insight group from January 2013
FX Invest West Coast: Market structure changes a challenge for buy-side traders
Trading platform proliferation and regulatory change are presenting challenges for the buy side, say speakers at FX Invest West Coast conference
Russia’s Troika Dialog hires e-FX head
Peter Holowka joins the Russian bank in London, having previously been global head of electronic commerce at UniCredit