Tag: Integral Development

Integral Development

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. […]

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 […]

Mixed News from FX Platforms

FXSpotStream, Integral and Singapore Exchange (SGX) have released their first volume data for the year and it is a real mixed bag, with one up month-on-month but down year-on-year and the other two down from December but up from January 2019. FXSpotStream says its average daily volume was $37 billion in January, taking the 21 […]

Primary FX Venues See Volume Drop in October

The primary FX trading venues all saw a decline in activity in October. CME Group says it handled 804,000 FX contracts on its futures and options suite for a notional value of $74.6 billion – this is an 11% decline from October 2018 and a 24.1% decline from September’s roll month. CME’s EBS also saw […]

Bambury New CEO at Oanda

Gavin Bambury has been named CEO of Oanda. Based in London, he will also serve as a director on the Oanda Global Corporation Board. With more than 25 years’ experience in the financial technology and trading sector, Bambury has worked in a variety of leadership roles including Citibank and Deutsche Bank and joins after less […]

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 […]

FX Volumes Drop Sharply In February: Platforms

The three primary FX venues to report average daily volume (ADV) data have reinforced data from a second group that activity in the market was low in February.
Refinitv says it handled $87 billion in spot ADV in February, down 8.4% from January and down 23% from February 2018, while CME Group says both its futures and EBS businesses saw similar declines.
CME Group reports ADV in futures and options contracts of 762,000, which Profit & Loss estimates to be notional volume of $75.4 billion. This is a 9.2% drop month-on-month but down 30% year-on-year.

Integral Partners with Moex

Integral development Corp has announced a partnership with Moscow Exchange (Moex). Under the deal, through its Open Currency Exchange (OCX), Integral will deliver access to liquidity, higher performance, and lower latency to Moex customers, and Moex will now provide liquidity to the Integral network.
“[Moex] are the dominant exchange in the Russian FX market, and by using the Integral platform, they will be able to offer the best aggregation and deepest liquidity to their clients,” says Harpal Sandhu, CEO of Integral. “Moex will also become a price provider to the Integral network, thereby further enriching the liquidity in OCX.”