OEMS provider BidFX has upgraded its mobile app to meet what it says is growing demand from market participants to securely manage and trade their spot FX, forward and NDF positions when working remotely. The latest version of the app enables traders to track and amend orders originally entered into office desktop computers via their […]
Tag: order management
Much of what we want to say about NatWest Markets has been written in the Best Prime Brokerage Award, so here we will focus on one other aspect of the bank’s service – order management. Orders have long been a strong suit of NatWest, including under its former guise of RBS, starting with basic order books […]
In this week’s podcast Galen Stops explains the devil in the detail behind the SEC rejecting bitcoin ETFs, the changing market structure in crypto generally, and how market participants are going about institutionalising the new asset class.
Colin Lambert meanwhile, is in a punchy mood and wants to take everything and everybody to task.
They observe how crypto-strategists are just the same as fiat strategists; discuss the barriers to entry for currency managers; the pricing of credit and liquidity in FX; and Lambert in particular has a problem with investors’ approach to allocating to hedge funds.
The FX Global Code of Conduct has had a big impact on how FX markets operate, nowhere more so than in the area of order management. Colin Lambert talks to Kieran Fitzpatrick, CEO and founder of Barracuda FX, about the impact of the Code; the need for transparency around order management and the technology required to deliver it. They also discuss the opportunities facing regional banks in order management, as well as look at why some participants still want to do things manually.
The foreign exchange industry has always prided itself on its ability to innovate and evolve and it does indeed have a positive story to tell in these areas, but one area in which it clearly fell down badly was in its inability to maintain control in an era of technological expansion.
It is hard to look back on the events of 2008-13 and not see them as a direct result of the oversight function either failing to understand, or failing to keep up with, the technological revolution.