Tag: Euronext FX

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 […]

Platforms Hit New Highs as Return of FX Volatility Helps ADV

The surge in activity associated with the return of volatility towards the end of February has propelled Euronext FX, FXSpotStream and CboeFX to new daily volume highs. On Friday February 28, EuronextFX reported it handled $45.8 billion, exceeding its previous high water mark of $39.6 billion set on June 24, 2016. Meanwhile the firm’s Tape […]

Crux and Euronext Sign FX Data Deal

Crux Informatics has entered an agreement with Euronext FX to enable broad market delivery of the latter’s FX market data. Crux is a cloud-based data delivery and operations platform that connects customers with data suppliers around the globe and will now enable any authorised data consumer to access Euronext FX market data through a number […]

Euronext FX Reports Lower ADV in 2019, Higher Revenues

Euronext reports 2019 spot FX trading activity on Euronext FX (formerly FastMatch), recorded average daily volumes of $18.3 billion during the year, down 9.2% from the $20.1 billion recorded in 2018. The exchange says volume was impacted by a low volatility environment throughout 2019. Meanwhile, spot FX trading generated €22.9 million of revenue in 2019, […]

Platform Volumes Suggest November Slowdown

Trading activity was down last month across the first set of FX trading platforms to publicly report their volumes. FXSpotStream reported an average daily volume (ADV) of $31 billion on its platform for November, down 7.2% from $33.4 billion the previous month and down 12.9% year-on-year. Cboe FX had an ADV of $28.5 billion last […]

Platforms Report Mixed Results for September

There’s been little by way of discernable trends amongst the trading volumes reported for September by the first set of FX trading platforms to do so publicly. Cboe FX reported an average daily volume (ADV) of $30.4 billion for September, down 8.2% from the $33.1 billion it reported in August and down 15% from the […]

White Joins Euronext FX

Ben White has joined Euronext FX as a sales director for EMEA. Based in London, White joins from State Street, where he had worked as an assistant vice president for EMEA sales for Currenex for over a year. Prior to that, White spent three years at Santander, most recently as an e-FX client associate. Before […]

And Another Thing…

I am struggling to find someone who was not surprised by the BIS data on Monday, I think most of us who study the FX committee semi-annual data closely expected somewhere around the $6 trillion mark, but obviously it blew through that by another 10%. This very much reflects the growth in emerging markets to […]

Yount Joins Euronext FX

Kelly Yount has joined Euronext FX, formerly called FastMatch, as a sales director. Based in New York, Yount joins from Citi, where she worked for just over a year as a director in the bank’s FX prime brokerage business. Prior to that, Yount spent over a decade at EBS as a director of non-bank strategic […]

CboeFX Volumes Flat, Euronext FX Rebound in June

The first two platforms to report June average daily volume indicates that activity rose slightly in June from May, reinforcing a small rebound from April’s lows. CboeFX ADV was unchanged month-on-month at $33.1 billion per day, but 12.4% down year-on-year, while Euronext FX reports ADV of $19.3 billion, up 11.6% from May but down 12% […]