Day: 22 August 2020

In the FICC of It

This week’s podcast kicks off with Colin Lambert discussing some of the feedback he received over his comments in the week’s column over the re-papering of trades post the SNB debacle in 2015. He does not, of course, miss the opportunity to drive home his argument that algos should have mandatory price limits, along the […]

CFTC Fines Oanda

The US Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against retail FX broker Oanda Corporation for violating certain capital, reporting, and supervision rules and invoked a fine of $500,000. The order finds that, in or around October 2018 and during the period April 2019 to August 2019, Oanda failed at […]

US Data Preview: Stimulus Gridlock, COVID, Cuts into Confidence

The inability to pass new stimulus measures in the face of rising COVID-19 cases likely had a dampening effect on US consumer confidence in August, even as interest rates have hit rock-bottom, gasoline prices are low and with the US stock markets to a large extent having eclipsed their pre-COVID highs. When the University of […]

FXSpotStream Adds Two

FXSpotStream has made two hires to its business in London and Tokyo with the hires of Rhys Bryan and Hajime Tezuka. Bryan joins FXSpotStream’s London sales team; most recently serving as VP, futures with Citi in Singapore. Prior to joining Citi in 2013, he began his career with Morgan Stanley, after graduating from Cardiff University. […]

Edgewater Markets Touts Metals Success

Edgewater Markets has announced in a release that it handled $500 million in daily volume in spot gold and silver during the first half of 2020 – something the firm says is a significant year-on-year increase. With servers in LD4, NY4, and TY3, the firm offers spot gold and silver to its institutional clients with […]

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