In Part 2 of our full TV documentary, we examine the internal operations of London’s prime of prime brokerage sector, to show how your trades are processed, how counterparty relationships work and how overall challenges in the OTC FX industry are faced. We go inside the institutional FX industry and look at it from all operational aspects, from sales to CEO. Where does your liquidity come from, and how does it work?
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The prime of prime brokerage: Execution, last look, correct pricing and relationships: Full TV documentary in London
FX brokerages and traders are reliant on the execution received from their providers. FinanceFeeds has produced a full documentary to take YOU inside London’s prime of prime brokerage sector. In part one, we look at how prime of prime brokers are structured and what every component of the company does each day to ensure the entire OTC FX market’s full functionality.
Live from Shanghai: When the liquidity rush comes, China will dominate its own institutional and retail FX industry from within
China will have a self sufficient end to end FX industry ecosystem from Tier 1 bank level down to the retail trader very soon indeed, and it will be a massive, finely honed domestic market powerhouse
Live from iFX EXPO in Hong Kong: Exchange lobby hunting the OTC FX firms? In China the OTC FX firms will take the exchange business
In China, regional exchanges are being forced out of existence by new government rulings, and are now going toward OTC multi-product electronic trading. Here is the full report, live from Hong Kong
All new prime of prime brokerage launches in London, headed by Integral’s Ramy Soliman. We speak to him in detail
“Are you implying that some Prime of Primes are offering liquidity that is perceived to be based off direct relationships but turns out to be indirectly sourced? If so, there is a limitation on the capacity of liquidity that the provider can genuinely service without a deterioration in the pricing and execution” – Ramy Soliman, CEO, Stater Global Markets
Exclusive: Fed up with last look short shrift? Saxo takes on Tier 1 banks and disrupts best FX execution
We look in detail at how the leaders of the OTC FX industry are developing very high quality execution methodologies and exercising the non-bank relationships in order to do their bit in putting an end to last look execution to which many companies are subservient. Here is our full and detailed report as Saxo forges ahead
Several meetings with senior Tier 1 bank executives and leaders of prime of prime brokerages in London recently have demonstrated that, as long as the criteria is met, the OTC FX industry is a vital business that the banks cannot afford to miss out on. Here are my findings thus far.
FinanceFeeds conducted research into how willing Tier 1 banks are to give FX brokerages client holding accounts and business accounts to hold operating capital. Despite FCA or CySec regulation, and plenty of capital, the answer is a resounding no, even from the largest interbank FX dealers
Prime brokers dislike last look, but the bank dealer platforms continue. We look at FastMatch’s ingenious solution
Last look execution a bugbear for OTC counterparties and the preserve of the Tier 1 interbank giants? Not anymore. Prime brokerages and liquidity takers are now about to be empowered