Skip to main content
RSS Feed

Latest FX News

Brokers

Broker dealer Icap realised new record electronic broking volumes last week due to volatile and heavy trading relating to the squeeze in credit markets especially.   Fearing a squeeze in credit markets after a shake-out in sub-prime mortgage lending in the ...
Forex Capital Markets (FXCM) has revealed that accounts with the firm are fully segregated in accordance with UK financial regulations. This means that in the event of the UK subsidiary of FXCM facing bankruptcy, clients of the firm would be ...

in News, Brokers

EBS Adds GBP/CHF

ICAP continues to fill out spaces on its spot FX trading platform EBS, by adding the latest in a series of cross rate currency pairs. The introduction of GBP/CHF pair increases the total number of sterling currency pairs tradable ...
Within a few weeks of the news that Macquarie Financial had purchased a majority 51% share in Sydney-based global foreign exchange provider OzForex, with a view to further expand its offshore presence (see Squawkbox June 25), the company has opened its first ...
Interdealer broker Icap credited growth in electronic trading for a strong financial first quarter, which was from 1st April to 30th June. The month of June was particularly active in global financial markets and Icap reported its highest ever level ...

in News, Brokers

ICAP Adds GBP/JPY Trading

Interdealer broker Icap, through its EBS platform is introducing spot GBP/JPY to its roster of currencies with effect of today, Monday 2 July.  The new pair joins the existing 26 currencies and precious metals across 34 currency pairs already traded on the ...

in News, Brokers

Harris Shifts to Tullett Prebon

Tullett Prebon in London has raided Martin Brokers for one of its alumni to help build its emerging markets capabilities. Market sources say, John Harris is re-joining the firm to work on its Eastern European emerging markets FX desk.  Harris ...

in News, Brokers

Brokers Settle Poaching Row

Things appear to be settling down in the Asian inter-dealer broking market after a long running legal argument was settled last week. In a statement, Icap Australia says that its claim against BGC over the alleged “poaching” of 22 staff in ...
Japan’s Money Partners Co, a provider of online foreign exchange margin trading services, will list on the Osaka Securities Exchange’s “second board” market on June 21. The firm was established in June 2005 following a management buy-out from a commodity ...

in News, Brokers

Icap Breaks $1 Trillion - Again

Interdealer broker Icap broke the trillion dollar barrier in electronic broking volumes on both Thursday, June 7 and Friday, June 8 due to high volatility caused by interest rate rises and corresponding increases in bond yields.   This is the not the first ...