Ex-traders demand the US government to swiftly provide a list of the trades, bids, and offers, as well as related communications that the government intends to rely upon at trial.
FinanceFeeds becomes the first ever international B2B FX industry portal to register a .cn TLD in mainland China
A milestone in connecting the FX industry across the entire world with a vital Chinese B2B audience has now been completed as FinanceFeeds has successfully registered a government-issued Chinese domain. FinanceFeeds.cn will go live in just a matter of days, bringing China to you, and taking your business across China
Barclays allegedly misled institutional traders and brokers about the level of aggressive high-frequency trading on the LX dark pool.
Tier 1 bank tug of war: FX liquidity crunch and last look execution dogma makes the ECNs go all out for retail FX market share
Banks have begun to come back to the FX liquidity provision fold, but are still championing last look execution. Brokerages and regulators have begun to take this to court, and the ECNs and market makers need to define their value proposition. We look at how the large ECNs are going down the transparency route and what the differences are
The company has officially moved from the Northern and Shell Building Eight Floor 10 Lower Thames Street London, the address of FXCM UK.
Research: Which Tier 1 banks will give your OTC FX brokerage a client fund account? Answer: Most of them!
Want a client fund account with Barclays or HSBC? No problem! We look at the banks’ U-turn in which they now welcome FX brokerages as customers and why brokerages which go the yards to get good licenses in good jurisdictions are future-proofing themselves in this respect. Here are the results of our research from within London’s large Tier 1 banks
Thomas W. Sexton, President and CEO of NFA, is now among the defendants in a defamation lawsuit brought by Effex Capital against NFA over the complaint and press release issued by the Association against FXCM.
Swissquote’s revenues rocket, and the company’s multi-asset environment and ever expanding capital base have marked it out as one of the benchmarks in stability in electronic trading. The company’s bow is continuing to be strengthened by a recent transaction in which Windel Investments, which was a shareholder of Swissquote stock, sold its stock back to the firm. Here is our analysis
Clearing of derivatives will never be pushed out of its natural home by bureaucrats. London will always dominate, and today’s low value agreement between Euronext and LCH SA is a case in point. We look at the full details of why the European Commission’s proposals will never affect the FX industry
RBS makes almost a billion in profit but will NEVER move its FX business to Amsterdam despite the noise
Yes, RBS made a massive turnaround in fortunes, demonstrating £939 million in profits for the first half of 2017. No, RBS will NOT be moving to Amsterdam, not by a long shot as its FX and prime brokerage business is far too valuable and must remain in London
Tier 1 liquidity is here to stay: London will always be the world center, as Deutsche Bank signs for 21 Moorgate
Despite the pro-Europe political diatribe, Deutsche Bank’s executives know which side their bread is buttered and have quietly signed a lease for a new headquarters at 21 Moorgate in London’s Square Mile, placing it among the very institutional OTC firms that form its core business. Here is why Deutsche Bank should maximize this opportunity
Britain once again the destination for blockchain and cryptocurrency development as Hong Kong firm invests in research lab
Blockchain and cryptocurrency research company IOHK will invest $1 million in a research laboratory at The University of Edinburgh’s School of Informatics
Major FX dealers preparing to replace traders with robots. As a broker, would you prefer your PB to execute without humans?
As JPMorgan, the world’s largest interbank FX dealer by volume takes the reign from Citigroup, the company prepares to replace traders with robots. Would you as a liquidity taker have more faith in fully automated interbank dealing desks? We take a look
The Eagle has landed! Fortress Prime’s former CEO arrives in Cyprus to sell services into retail brokerages
Just over a year after the demise of Fortress Prime, Mitch Eaglstein’s Forex Development Corporation embarks on selling consultancy and liquidity into Cyprus brokerages this week. We examine the details.
Labour Party shows its blatant disdain for the City by pushing Tobin Tax aspirations on tour of London
Last week’s visit to London by Jeremy Corbyn and John McDonnell should be a red flag (no pun intended) to anyone with a modicum of sensibility as the Labour Party’s disdain for the electronic trading industry was very high on their agenda
Underlining the importance of the Australian market for the company, CMC highlights the deal with ANZ and says all key milestones with regard to the partnership have been met.
The initial pretrial conferences in the cases brought by Alpari (US) against Goldman Sachs, RBS, BNP Paribas, Credit Suisse and Morgan Stanley have all been scheduled for September 12, 2017.
London’s FX trading will never move to Europe for far greater reasons than ECB’s politically correct official line
The European Central Bank says that Europe’s hopes of gaining London’s FX business are hampered because of the need to transfer data via fiber optic cables under the sea, but there are FAR more reasons than that as to why the entire business will never leave London
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.