Day: 12 October 2017

CLS Volumes Up Double Digits in September

The average daily traded volume submitted to CLS was $1.75 trillion in September, up 10.7% from $1.58 trillion in August 2017.

This increase is consistent with data that has already been reported by various FX platforms, which all showed a substantial increase in trading activity last month.

The ADV of swap activity submitted to CLS was $1.14 trillion in September, up 8% from August and up 16% compared to September 2016. The average daily traded volume submitted to CLS was $1.75 trillion in September, up 10.7% from $1.58 trillion in August 2017.

This increase is consistent with data that has already been reported by various FX platforms, which all showed a substantial increase in trading activity last month.

The ADV of swap activity submitted to CLS was $1.14 trillion in September, up 8% from August and up 16% compared to September 2016.

CTA Performance Down in September

Managed futures traders slipped after two months of gains, losing 0.72% in September, according to the flash estimate for the Barclay CTA Index, which is compiled by BarclayHedge.

“The Fed’s mid-month confirmation that it was unwinding QE precipitated trend reversals in bond yields, the US Dollar Index, and gold,” says Sol Waksman, founder and president of BarclayHedge. “In spite of the ongoing rally in global equities, there were several treacherous crosscurrents in motion during September and successful navigation was difficult.”

FXecosystem Unveils FX-VPS

FXecosystem has launched its FX-VPS – a cloud-based Virtual Private Servers (VPS) offering for the financial markets.
The new offering enables clients to set up virtual servers in London, New York and Hong Kong in order to benefit from ultra low latency connectivity in FX markets, the firm says.
Aimed primarily at start-up/early stage MT4/MT5 brokers worldwide, FX-VPS has been designed to enable brokers to benefit from an extremely fast set up. Brokers simply access the premier solutions via FXecosystem’s website – selecting from options in a drop-down menu including server specs, operating systems and locations.
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And Another Thing…

The current buzzwords are “AI” and ‘machine learning” – barely a day goes by without receiving a missive about yet another “ground-breaking” initiative, most of which appear to be nothing new, it’s just the PR managed to crowbar the words in there. Without doubt, though, firms are looking at this technology and, in some cases actually deploying it, which begs the question – who do we blame if the machine goes rogue? And who is the John Connor of FX?

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