Day: June 10, 2013

And Finally…

Ever since May 2010 I have had a favourite question at Forex Network conferences, “could we see a Flash Crash in the major FX markets? I stress “major” because friends on mine that still trade some emerging markets tell me my definition of a Flash Crash fits everyday activity in some regions! I may have […]

Around the World

Saxo Bank has unveiled Balanced Portfolio, an asset allocation strategy that allows traders to follow its progress on the firm’s platform and if desired duplicate the strategy themselves. The Balanced Portfolio is an ETF portfolio designed to collect risk premiums across liquid assets in various economic environments. Balancing the portfolio across different economies and asset […]

Tech Corner

Object Trading’s direct market access suite FrontRunner is now live with clients connected to the Dubai Gold and Commodities Exchange, and is available to provide direct market data and risk-managed trade execution. ABG Sundal Collier, a Nordic institutional brokerage firm, has chosen SunGard’s Front Arena to replace its former multi-vendor infrastructure for trade execution, order […]

On the Move

Fortunova Swaps Nomura for BNPP? Market sources say that Ralitza Fortunova has left her role as executive director, electronic markets at Nomura in New York. She is believed to be taking the role of head of e-FX sales for the Americas at BNP Paribas in New York. Fortunova joined Nomura in November 2009 (Squawkbox, December […]

MahiFX Adds Position Aggregator

Trading platform MahiFX has created a new range of platform trade viewing features and options to enable customers to trade more simply and efficiently by enabling them to monitor multiple open positions. The newly designed Position Book/Aggregation button gives traders the option to merge all open positions into one book. By selecting the merge to […]

LCH Expands to the US

LCH Clearnet’s US-based entity has launched a US-domiciled interest rate swap (IRS) clearing service. The new service expands SwapClear's interest rate swap offering and, the firm says, “demonstrates the importance of the US to LCH.Clearnet’s geographic expansion strategy”. SwapClear’s US-domiciled service is the first to be available through LCH.Clearnet LLC and is a direct response […]

Volatility Return Boosts Vix Interest

Increased market volatility helped the CBOE Futures Exchange record a third busy month in succession for its Volatility based VIX contract. CFE says that May 2013 was the third most active trading month all-time for VIX futures, trailing only April 2013 (4,056,760 contracts) and March 2013 (3,220,977 contracts). During May, a total of 3,212,399 VIX […]

FXStreet Unveils Live Analysis Room

Information service provider FXStreet has launched its Live Analysis Room, a new free service that offers retail FX traders assistance, market analysis and strategies in real time on a daily basis. Starting June 3rd, every weekday from 13 GMT to 17 GMT, 20 hours per week, trader and analyst Dale Pinkert will provide mentorship assistance […]

Nasdaq OMX NLX and SuperD Collaborate

NASDAQ OMX NLX has partnered with SuperDerivatives to offer independent and transparent settlement pricing on its new London-based market for interest rate derivatives. Daily settlement prices and some final settlement prices for NLX futures products are supported by SuperDerivatives. SuperDerivatives will deliver unbiased and accurate settlement prices based both on actual traded prices and order […]

CLS Numbers up in May

CLS Bank handled 1,329,316 average daily volume of instructions in May, a 4% rise on April and 18.3% up on May 2012. Average daily value submitted to CMS was $4.87 trillion, a 2.6% decline from April’s $5 trillion but up 3.8% year-on-year. Growth in CLS’ numbers continues to be driven largely by its joint venture […]