Colin Lambert

In the FICC of It

As liquidity has clearly deteriorated in FX markets over the past two weeks, this week’s podcast is faced with a series of questions regarding participant behaviour, and joining Colin Lambert to discuss these issues is John Crouch, founder and CEO of Ideal Prediction. Using the imagination for which he is famous* Lambert kicks things off […]

Philly Fed: Almost 25% of District Companies Shut

Almost a quarter of companies surveyed by the Federal Reserve Bank of Philadelphia temporarily shut down because of the coronavirus in the week ending March 29, the Philly Fed said Thursday in its first weekly survey of how businesses in the Third District are responding to the pandemic. That compared with just 15 percent of […]

Some in the US Still Don’t Believe the Virus Is Coming

The corona virus has an advantage evident in the Thursday evening Corona Virus Task Force briefing and during the day in several statehouses: It can spread faster than its reputation for being a sneaky killer of the unaware. President Trump tried to correct Task Force expert Dr Deborah Birx, placing him on the side of […]

Refinitiv Calls for Standardisation of Alt Data

Refinitiv has announced the findings of its ‘A New Dimension of Data – Building an Open and Trustworthy Alternative Data Ecosystem report in collaboration with Open Data Institute (ODI), within which the firm has called for greater industry standardisation around the collection, distribution and use of alternative data (alt data). The report was written using desk […]

24 Exchange Signs FX Global Code

Trading platform 24 Exchange has announced it now operates in accordance with the principles of the FX Global Code. The firm has signed a Statement of Commitment, pledging adherence to the Code, which was established in 2017 by the Global Foreign Exchange Committee, saying that its executive leadership will ensure all of the company’s operations […]

CME to Reinforce FX Options Expiry Process

CME Group has announced changes to the way it calculates the fixing prices for 13 of its dollar-based FX option contracts. Currently CME calculates the fixing rate using three trades across its platforms in the one minute prior to 9am CT on a weighted basis. This is being increased to 20 trades from April 19, […]

Glue42 Releases Open Source Platform

Glue 42, a firm that delivers integrated desktop experiences to financial institutions, has released Glue42 Core, an open-source, fully functional platform for web application interoperability. The solution is available immediately to all in the financial services industry and those in other sectors, the firm says. The solution is based on Glue42’s interoperability platform Glue42 Enterprise, which […]

LCH Appoints Japan Head

Clearing house LCH has announced that Yutaka Imanishi has been appointed head of Japan effective immediately. Based in Tokyo, he reports to Kate Birchall, head of Asia Pacific for LCH. Imanishi is responsible for LCH’s business in Japan, including the CCP’s office in Tokyo. LCH is licensed in Japan for offering clearing services for non-Yen […]

And Another Thing…

We should not be blind-sided by the relative calm at this week’s quarter end WM Fix, the fact is FX market conditions are as bad as I can remember them in my almost 43 years in the industry – and that includes countless multi-big figure days (or hours sometimes). The difference when those conditions hit […]

US Government Still Catching Up with Virus Needs

What’s become a literal American deathwatch was a grinding slog on Wednesday with whatever major progress being made behind the scenes obscured by the questions on why progress is not faster. The evening’s Corona Virus Task Force briefing seemed more bogged down with vague answers rather than being illuminated by fresh information, perhaps an inevitable […]