Despite fears that electronic trading will eliminate jobs on buy side trading desks, recent investments in technology have not come at the expense of traders, according to a new report by Greenwich Associates. Rather, buy side institutions are using enhanced, integrated technology platforms to expand the reach of their human traders. The average number of […]
CME Group has announced the launch of a new FX options vol converter tool. The Merc says that at a time when market participants are looking for efficiencies and ways to lower their cost to trade, this new service is the first-ever tool to price CME Group’s listed FX options liquidity in OTC terms, helping FX […]
Goldman Sachs has launched a new Axe UI on its Marquee single dealer platform that allows clients to access dynamic axes streamed by the bank in FX swaps. With the launch, the bank is aiming to disrupt the traditional voice driven delivery of axes and create a more efficient trading infrastructure for FX swaps. The […]
The Futures Industry Association (FIA) has released new guidelines to assist market participants in fulfilling obligations set by UK and European regulators in relation to surveillance and market abuse requirements. Under the Market Abuse Regulation (MAR) and the Criminal Sanctions for Market Abuse Directive, market participants in Europe are subject to prescriptive requirements relating to […]
Integral has launched the latest version of its FX Inside platform, version 7.0 is available through HTML5 browser and mobile device and is a web-based trading solution for banks and institutional brokers wanting to serve corporate and institutional customers in a fully branded single dealer environment. Configurable workflow tools include tick-by-tick charting, real time blotters, […]
FX average daily volume (ADV) at the primary FX venues were broadly steady in August from July, however, as was the case with the first group of venues to report they were down year-on-year. CME Group reports that EBS ADV was $61.2 billion, the second quietest month of the year after April and a decline […]
