Tag: Fxspotstream

Fxspotstream

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 October

The first group of FX trading platform providers to report results for October indicate it was a mixed month for providers with CboeFX seeing a slight rise in activity and three other venues small declines. CboeFX handled $31.7 billion per day in October, a 4.2% increase from September, but a 14.3% decline year-on-year. The platform […]

Kent Joins Flextrade

Profit & Loss understands that Tracey Kent has joined Flextrade in London as a sales director. She joins from FXSpotStream where she worked for just over a year as executive director, EMEA sales. Prior to FXSS, Kent worked for a short period of time at HC Tech as head of e-FX sales for Europe and […]

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 […]

Durrant to Join FXSpotStream

Henry Durrant is joining FXSpotStream in London in a sales position and starts in the role next Tuesday (October 1). He joins from 360TGTX where he worked in e-FX liquidity management having joined the firm as part of Deutsche Borse’s purchase of Gain GTX. Prior to that Durrant held e-FX roles at MUFG and Thomson […]

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 […]

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 […]

FX Platform Volumes Drop in July

The first group of FX platforms to report average daily turnover (ADV) for July indicate that volume in the market dropped sharply from June, however year-on-year data was slightly better. FXSpotStream reports ADV of $36.3 billion in all FX products, a 14.2% drop from June but a very healthy 31% increase from July 2018, while […]