Day: 18 December 2019

A New Approach to FX Liquidity

In a new video interview with Profit & Loss Fred Allatt, managing director — FX sales at INTL FCStone Markets, details how his firm has adapted its model for accessing FX liquidity.  In the interview Allatt reflects on his 15 years in the FX industry, noting that the market has changed significantly in terms of […]

Australian Regulator Seeks Improvement in Banks’ FX Businesses

The Australian Securities and Investment Commission (ASIC) has published a review of its investigation into practices in the wholesale FX market and says that while it has identified conduct and process improvements in banks’ FX businesses, there remain a number of areas in need of further improvement. Specifically, ASIC says that more can be done […]

Fidelity Expands Crypto Business into Europe

Fidelity Investments has announced it is establishing a new entity to serve European institutions investing in digital assets. Fidelity Digital Assets, Ltd. will offer access to enterprise-quality custody and trade execution services for digital assets to investors such as hedge funds, family offices and market intermediaries. This business builds upon the company’s 2018 launch of […]