Day: 10 February 2020

Retail Flow Is Not Easy to Price

A widespread misconception has taken hold in FX, that retail flow is easy to price or, as it is commonly referred to, “soft”. At a very basic level, the logic behind such an assumption generally runs as follows: retail traders represent uninformed flow and the vast majority of them lose money, therefore it must be […]

P&L Talk Series with Caplin’s Keith Hill

Keith Hill, an advisory board member at Caplin Systems who will be speaking at Profit & Loss’ Latin America event on March 25 in Mexico City, talks about the technological evolution of the crypto markets in relation to traditional FX. Profit & Loss: People of course associate Caplin with the FX market, what is your […]

And Finally…

Before I get into today’s subject, some very tragic news for our industry last week as I understand that Steve Jennions, former FX trader at Citi, Morgan Stanley and Deutsche Bank to name just three firms, died last week. I only met Steve once to my memory, when he was at Morgan Stanley, but talk […]

Hg Invests in SmartTrade

European software investor Hg has entered into an agreement to acquire stakes from Keensight Capital and Pléiade Venture in SmartTrade Technologies – details of the trade were not announced, however the management team of SmartTrade will remain invested in the business. Hg’s investment will be made from its Mercury 2 Fund and represents the firm’s […]