Tag: FXPB

FXPB

TrueFX Unveils Clearing Member Network

TrueFX, a venture between Integral Development and Jefferies FX prime brokerage business, has announced the launch of the TrueFX Clearing Member network, with Axicorp, FXCM and Velocity Trade as the first members. Clients of the venture, which was announced in November 2019, will have the option to clear through Jefferies FXPB, the central credit counterparty […]

And Finally…

Whilst wishing everyone a very happy holiday season and a tremendously successful 2020, very quickly we come to the final column of the decade and the last Irrational for 2019, my Person/People of the Year. Before I do, however, I have to acknowledge – yet again – the greatness of the readership. Two weeks ago, […]

In the FICC of It

It’s a boisterous end of term party for our podcasters as Colin Lambert and Galen Stops interrupt their festivities to grade each other’s predictions for the industry made at the start of the year. Stops is in triumphant mood as he picks apart a couple of less-than-successful predictions from Lambert, however the latter is ready […]

Integral Teams Up with Jefferies for TrueFX Launch

Integral has partnered with Jefferies to launch a new liquidity network called TrueFX, which aims to leverage the former’s technology and the latter’s credit intermediation services to reduce trading costs for buy side firms, which includes retail brokers, macro hedge funds, prime of primes, and regional banks. Essentially, the aim of this initiative is to […]

In the FICC of it

In this week’s podcast Colin Lambert and Galen Stops, respectively the managing editor and editor of Profit & Loss, analyse some of the highlights from the final day of the Forex Network Chicago conference. To start off with they discuss some of the key talking points from the credit panel, asking whether the FX industry […]

In the FICC of it

This week’s podcast opens with Galen Stops, editor of Profit & Loss, doing some gloating because the Bank for International Settlements (BIS) has published its latest triennial survey of the FX market and the figures confirm the prediction made by Stops at the beginning of the year that the market would get back to growth. […]

FXPB: It’s Been a Bumpy Road

Galen Stops charts the ups and downs of FX prime brokerage over the past 20 years and looks at how this segment of the market might be ripe for innovation going forward. Ask anyone who has been around in the FX market for the past 20 years to list the key developments that have shaped […]

FX and the Big Bang Theory

As electronic trading went mainstream, it created an explosion of growth in the market. But has this growth run out of steam? Galen Stops takes a look. The Big Bang Theory – in addition to being a popular American sitcom – is a well-known scientific thesis that posits the universe started with a small singularity […]

The 20 for 20 Countdown – Part One

It’s been a busy 20 years since Profit & Loss launched. Colin Lambert and Galen Stops have picked out 20 key events or trends during that time and asked senior industry figures for their perspective on them – here’s numbers 20-16. 20. A New Currency for a New Era While the big event of 1999 […]

In the FICC of It

After upsetting non-bank market makers and then banks in recent weeks, Colin Lambert takes a shot at the buy side in this week’s In the FICC of It podcast when Galen Stops asks him, “will the buy side adopt the FX Global Code?” Our two podcasters discuss next year’s review of the Code as Stops […]