Paul Gogliormella

Moex December Volumes Up

Moscow Exchange (Moex) reports increases in trading volume in derivatives and FX for the month of December against both November and December 2014. Total FX turnover was RUB 30.9 trillion, up from RUB 25.6 trillion in December of last year, a 20.7% increase. This is also up from the previous month’s RUB 23.7 trillion, a 30.4% increase. […]

CLS Volume, Value Data Little Changed in December

Monthly CLS settlement and aggregation service data for December shows little change against the previous month; however, the combined data shows year-on-year declines. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 961,698 in December, down 0.3% from 964,810 in November 2015, and also down 21.4% from 1,223,109 in […]

FD Buys QuantumKDB

Software and consulting services provider FD announces the acquisition of QuantumKDB (UK) Ltd.  According to FD, the acquisition will support the growth of its Kx business through complementary consultancy services.  Initial consideration for the acquisition is £1.7 million, of which £600,000 is payable in cash and £1.1 million is payable through the issue of 72,940 […]

Bloomberg Acquires Social Media Risk Management Firm

Bloomberg has acquired the intellectual property, patents and engineering assets of Netbox Blue, a provider of social media risk management and compliance solutions, to enhance its enterprise compliance platform, Bloomberg Vault. According to Bloomberg, the addition will provide clients with next-generation, price-competitive communications surveillance functionality and analytics to meet increasingly stringent regulatory guidelines, prevent market […]

Gain GTX, ICE See December Declines

December average daily volumes (ADV) in FX products at Gain GTX and the Intercontinental Exchange (ICE) are showing slow year-on-year growth. GTX’s ADV for December was $8.1 billion, which is down from $9.2 billion during the same time last year, an 11.9% decrease.  This is also down 2.4% from November’s ADV, which was $8.3 billion. […]

FXPA Publishes Last Look Paper; Plans Webinar

The Foreign Exchange Professionals Association (FXPA) has released the third in a series of educational papers it is producing to explain the many nuances of the FX industry. FXPA’s “Focus on Last Look” explains the origins and evolution of the practice, and its unique role in global currency markets. “Focus on Last Look” addresses the […]

Thomson Reuters Options Volumes Surge

Thomson Reuters reports a 166% year-on-year surge in options trading volumes during 2015 over its FX dealer-to-client venue, however it declines to provide hard turnover numbers. The firm attributes the spike to staying abreast of upward trends, as well as adding more clients. The fourth quarter in particular saw record-high monthly, weekly and daily volumes, […]

Malin Joins FastMatch

Robert Malin will join FastMatch on March 15 as director of sales – Europe. Malin joins from ANZ, where he led the build out of the e-FX product in EMEA and has worked in e-FX sales for nearly 10 years. Prior to his role at ANZ, he ran an e-FX sales team out of Zurich […]

Platforms Report Lower YoY Dec Volumes

Some of the first platforms and exchanges to release trading volumes for December are showing declines against year-ago levels, and mixed results over November levels. ICAP reports average daily volume on EBS of $74.8 billion for December, a 28.6% drop from the $104.8 billion in December 2014. However, for the full year, ADV is up 2% […]

Danino-Lewis Heads to Broadway

Lisa Danino-Lewis is heading to Broadway Technology as head of sales financial services, EMEA, based in London. Danino-Lewis joins from BNP Paribas, where she was most recently head of FX flow sales. Prior to BNP, Danino-Lewis was head of e-commerce FX sales for Europe, Middle East and Africa at HSBC, also in London. She spent […]