Month: December 2019

Mystery Solved? BIS Report Studies Triennial FX Survey Data

When the Bank for International Settlements (BIS) published this year’s version of its FX turnover survey there was much scratching of heads in the FX industry at its finding that $6.6 trillion was traded every day in the FX market. Not only was the survey taken in what was a quiet month by most standards […]

In the FICC of It

This week’s podcast starts with a bombshell that leaves Galen Stops reeling and lost for words before he and Colin Lambert get into the details with a look at the results of the first day of the Global FX Committee’s deliberations this week. Lambert highlights one of two challenges he believes the committee face, not […]

Unlocking the Value of FX Data

  With more data available to FX market participants than ever before, the real value is in being able to interpret this data, says Maria Prata, managing director, global FX, at Deutsche Bank in a new video interview with Profit & Loss. Acknowledging that “data” has become something of a buzzword in the FX industry […]

EBS, Refinitiv Hit New Low as Primary Venues Confirm Downbeat November

Following downbeat reports from other venues earlier this week, the primary FX venues have also released weak volume data for November, with all three of CME, EBS and Refinitiv Matching reporting their lowest ADV for the year to date – the latter two platforms actually hitting their lowest ADV since they started reporting data over […]

Instinet Launches FX Platform

Instinet has signalled a push into the FX industry with the launch of Newport FX, an agency-model spot e-FX platform. The new platform is a web-based desktop application that can be accessed through the firm’s Newport EMS, direct FIX API, or on a stand-alone basis. Instinet says Newport FX was designed to give its clients transparent […]

What Really Happens to Markets Around Flash Crashes?

This content was sponsored by Deutsche Bank Several high profile flash crash episodes have been reported in recent years. Their frequent occurrence has raised concerns around the stability of the market, and has attracted attention from both regulators and market participants alike. In this article we highlight two of DB’s market-leading research pieces in this […]

P&L Talk Series with SGX’s Janice Kan

As foreign exchange markets transition to a cleared environment, Janice Kan, Managing Director, Head of Markets, Equities, at SGX, talks to P&L’s Julie Ros about whether the developing opportunities and constraints represent a paradigm shift towards the futurisation of FX. Julie Ros: Before we get into the detail, let’s take a brief look at the global […]

And Another Thing…

The agenda established by the Global Foreign Exchange Committee for the focus of the impending three-year review of the FX Global Code was not expected to surprise – and it didn’t. As I argued in Monday’s column the key factors in need of discussion and review largely surround execution – although I have to acknowledge […]

Adrian Lee & Partners Launches New Fund

Adrian Lee & Partners (AL&P) has launched a new fund, the Global Macro Alpha Fund. The firm says the fund was launched in response to client demand and seeks to generate consistent excess returns for institutional investors through diversification of macro asset class, region and alpha source, while minimising risks and volatility. The fund is […]