Tag: 360T

360T

FX Platform Volumes Rise in September

The first group of FX platforms to report average daily volume (ADV) indicate that September was a busier month all round, with all showing month-on-month and year-on-year rises. Euronext FX reports ADV of $21.3 billion in September, a 12.7% increase from August and up 11.5% from September 2019. The exchange group’s FX Tape reported $123.1 […]

And Another Thing…

I received quite a lot of feedback from the story we ran earlier this week about Goldman Sachs launching an FX swaps ‘axe’ GUI, and while the sample may be skewed by the type of people I talk to, who typically are in the ‘e’ business, it did seem to signify a growing sense in […]

Platform Volumes Edge Higher: CboeFX Dips

The first group of platforms to report FX average daily volume (ADV) data indicate that activity was slightly higher in August from July, but was down year-on-year. FXSpotStream, which reports ADV is all products, not just spot, reports it handled $41.2 billion in August, up 2% month-on-month, but down 4.8% from August 2019 – a […]

Primary FX Venues See Volume Drop

The primary spot FX venues had mixed fortunes in July, with Refinitiv Matching and EBS decreasing and CME offering mixed news. Refinitiv says spot average daily volume (ADV) was $74 billion in July, a 10.8% decrease from June as well as 7.5% drop from July 2019. It was the platform’s equal quietest month of the […]

FX Volumes Decline in July

The first group of platforms to report average daily volume (ADV) for July in spot FX indicate there was a pullback from June – with two reporting their second quietest month of the year to date. CboeFX reports ADV of $30 billion in July, a 13.3% decline from June, but a 9.1% year-on-year increase – […]

The Translation Layer In FX

Sponsored content – David Holcombe, Product Lead for FX Futures and Clearing at 360T discusses breaking down the remaining barriers between OTC and Listed FX markets Recently there have been some well-publicised attempts by exchange groups to bridge the gap between OTC and Listed FX trading, however, these efforts have been lacking something crucial: a […]

Volume Data Indicates Decent June for Platforms

The first group of FX average daily volume data indicates that platforms has a decent end to the first half of 2020, registering their third highest numbers of 2020. FXSpotStream reports ADV of $43.3 billion in June, the platform’s third highest this year, indeed in its history. This represents volume is all FX products and […]

Hilgers to Run Cash Markets for Deutsche Börse

Paul Hilgers will become managing director of Deutsche Börse’s cash market business on 1 September. He will report directly to Thomas Book, executive board member of Deutsche Börse Group. From 1 July, Book’s area of responsibility, Trading & Clearing, will encompass all of Deutsche Börse’s trading and clearing platforms. In addition to the cash market, […]

What’s Next in the Evolution of the FX Asset Class?

The rise of FX prime brokerage was one of the reasons why the growth of this asset class exploded in the mid 2000s, but is the model still fit for purpose today? Credit appears to have become increasingly constrained in recent years, is this squeeze just temporary or do funds need to look to alternative […]

FX Volume Recovers Slightly in May

After a largely expected pull back from the heights on March in April, the first group of FX platforms to report average daily volume (ADV) for May indicate that there was, with one exception, a small increase in trading. FXSpotStream reports ADV of $36.1 billion for May, a 6.3% increase on April and up 3.5% […]