Tag: 360T

360T

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% […]

FX Volumes Revert to Mean in April…and Then Some

As widely expected given the quieter nature of the month and major holidays, the first three FX platforms to report average daily volume (ADV) reveal a sharp drop back from March’s peaks. CboeFX reports ADV of $29.3 billion, a 46.7% decline from March and also a 7.7% drop year-on-year, this actually represents the third lowest […]

FX Platforms Hit New Peaks in March

As expected, FX platforms saw a leap higher in average daily volume (ADV) during the market’s version of March Madness, with the first five to report data hitting new highs as well as establishing new individual day records. Deutsche Borse’s 360T reports spot FX ADV of $36.9 billion, a 36.2% increase from February, which was […]

Gergely Joins 360T

Tibor Gergely has joined 360T in London as head of spot FX strategy. He will report to Simon Jones, chief growth officer of 360T and follows the hire earlier in March of Gavin Wells as head of FX swaps strategy. Gergely joins after nearly three years at Unicredit where he was most recently head of […]

And Another Thing…

I mentioned in a recent column the increasing noise around fragmentation in equity markets, specifically end user frustration and unhappiness with it, but it is noticeable to me that the same discussion is gaining more volume in FX. Now I need to stress that this is not me (for about the 10th time) predicting consolidation […]

More Positive News from FX Platforms

Following new records for three platforms reported earlier this week, a second group of platforms has unveiled strong turnover data for February. CME Group says that notional average daily volume (ADV) across its futures and options product suite was $98 billion in February, a 33.1% increase from January and a 32.6% increase from February 2019. […]