Online foreign exchange provider,
FXCM, has reported record
revenues for the first quarter of 2013,
reaching $122.9 million, up 20% on the
comparable period last year.
The revenue results are the highest
in FXCM history. Drew Niv, chief
executive officer of the company, ...
The FX market sees another platform go live. Alice Attwood reports.
Trading has commenced on Molten
Markets’ECN, the firm’s platform which
Molten claims will offer faster round-trip
execution, complete transparency of pricing and
no hidden charges.
Molten has ...
FX platforms have reported their data for April and it’s a mixed bag. Colin Lambert asks, is this a signal
for the BIS Survey?
The average daily turnover data published by five major
platforms in April points to a ...
Colin Lambert reports as the BIS signals a decline in derivatives activity across markets, save for FX.
The Bank for International
Settlements (BIS) has recorded a
slight decline in OTC derivatives
market activity in the second half of
The latest ...
By Colin Harte, C-View
The financial crisis of 2008/09 has had both a macro and
micro impact on the foreign exchange market. The macro
impact of the financial crisis has been the dominance of
the risk on/risk off paradigm that ...
Eight banks now providing prices through up and coming price aggregator. Julie Ros reports.
UBS has joined FXSpotStream (FSS) as the price
aggregation services’ eighth liquidity providing bank.
UBS joins existing members Bank of America Merrill
Lynch, Citi, Commerzbank, Goldman ...
Colin Lambert reports as one of the major FX prime brokers pulls its horns in.
In its relative infancy, FX prime
brokerage fees stood around the $25
per million mark, but since then the
brokers have been pressured by an
Alice Attwood reports as financial markets participants start to report their trades.
Registered swaps dealers are now submitting OTC
derivative trade information to the Depository Trust and
Clearing Corporation’s (DTCC) US swaps data repository
(SDR), the DTCC Data Repository (...
Many have come to drink at the FX options multi-dealer well, but how
many will actually access liquidity? Colin Lambert takes a look at the industry landscape.
It must be tempting for some to look at the developing FX
Currency hedge fund, FX Concepts,
has transitioned its automated
currency market data and execution
activity through software company,
MarketFactory’s FX Aggregator.
MarketFactory’s offering is a single
Application Programming Interface (API)
that provides access to more than 50
venues and ...