Tag: Euronext FX

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 […]

And Finally…

This week sees yet another change in the platform world with, as discussed during our first Dial-in Day in April, Refinitiv Matching releasing a 5ms data stream, bringing it in line with the top feed at EBS Market. This is the latest in a mini-rush of changes at ECN/platform level, following Euronext FX’s change to […]

In the FICC of It

Colin Lambert flies solo on this week’s podcast, thanks to the sheer weight of news. So the agenda ticks quite a few “Lambert Boxes”, starting with his thoughts over the changing role of the Global Foreign Exchange Committee after this week’s virtual meeting, especially that group mentioning publicly, for the first time in a formal […]

Euronext FX Drops Pre-Trade Client Tags

Euronext FX is changing the distribution methodology of anonymous counterparty identifiers – tags – on its platform. Unless the client (taker) specifically elects to have their identity shared, pre-trade tags will not be provided to liquidity providers after August 1. The use of pre-trade IDs is a sensitive subject in FX markets, with proponents saying […]

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% […]

What are the Best Tools in the Toolbox?

Sophisticated trading and analytics tools can inform and improve execution. From AI to Algos to Blockchain to Data Analytics and FinTech – what should today’s investment community be considering in the hunt for alpha? At Profit & Loss Dial-In Day New York, Colin Lambert, managing editor at Profit & Loss, led a discussion with David […]

Volatility’s Comeback – The Infrastructure

At Profit & Loss Dial-In Day London on April 29th, the second session looked at industry infrastructure, notably, what was the number one takeaway from the events of February and March?  The second session looked at what panelists saw as the main challenges around connectivity, market data and messaging. David Lyons, COO of EuronextFX; David […]

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 […]

Ainsworth Exits Euronext FX

Paul Ainsworth, global head of sales at Euronext FX (formerly Fastmatch) in New York, has left after more than four years with the firm. A replacement has not yet been named. According to Kevin Wolf, CEO of Euronext FX, Ainsworth has decided to “take some downtime out of the market, to spend time with his […]

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 […]