Day: 4 February 2020

FX Turnover Rises Again in October

Following what remains to some a surprisingly strong number from the Bank for International Settlements’ Triennial Survey of FX Turnover in April 2019, the latest semi-annual reports from seven of the world’s FX committees indicates that turnover increased again in October 2019. The UK and Canada hit new peaks for FX turnover in the month, […]

Citi to go Live with Cobalt

Cobalt says Citi intends to go live on its infrastructure for bilateral trading. Applicable across a variety of FX trading types – including banks, buyside, prime brokers and retail brokers – Cobalt’s infrastructure creates a standardised joint record of all FX trades. From this unique data set, the firm offers a multitude of back and middle […]

AxiCorp Wins Stay Over ASIC Suspension

The Australian Administrative Appeals Tribunal (AAT) has granted retail broker AxiCorp a stay on the local regulator, the Australian Securities and Investments Commission’s (ASIC) decision to suspend its licence for four months. ASIC issued the ban at the start of the year, at which time AxiCorp appealed the decision, and also asked for the proceedings […]