Day: 25 November 2019

360T Begins Offering Streaming NDFs

360T has announced the completion of the first trade in streaming NDFs. Launched via the 360TGTX platform, the new streaming service has been designed to complement 360T’s disclosed ‘Request for Stream’ offering and the firm says it is a response to market demand for an alternative hedging venue. It supports both disclosed and anonymous trading […]

Wink to Join Tradition

Angus Wink is set to join Tradition in a London-based senior management role in early 2020. Wink will be reporting to the firm’s London co-heads, Mike Anderson and Dan Marcus. “We look forward to Angus lending Tradition his expertise in the broking industry,” says Anderson. Wink previously spent over seven years as the CEO of […]

BIS: How Did We Get to $6.6 Trillion?

The Bank for International Settlements’ Triennial Survey of FX Turnover sent the market’s activity benchmark to a new high, but what drove the growth and what does it mean for the industry? Colin Lambert finds out. The first thing to note about the Bank for International Settlements’ $6.6 billion figure for average daily turnover in […]

And Finally…

Last week saw the announcement of the closure to the public of macro hedge fund giant Moore Capital – an act that would have bought a wry smile to generations of FX traders who have, over the decades, found the firm’s business (ahem) a little tricky to monetise. Obviously there are multiple circumstances that led […]