The rarity of Prime Brokerage – A very candid discussion
We examine the reality of genuine FX prime of prime brokerage and what to look for when accessing true market liquidity
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Institutional FX 
Euronext reports double-digit growth in FX volume
Pan-European exchange, Euronext has reported a 10 percent rebound in the average daily volume on its spot foreign exchange market. The ADV figure stood at $19.6 billion in January 2022, which is up from December’s $18 billion.
Digital Assets 
Voyager subpoenas FTX’s inner circle over Alameda loan
Bankrupt crypto broker Voyager Digital, represented by law firm Kirkland & Ellis, is seeking court approval to subpoena Sam Bankman-Fried’s inner circle, as well as Alameda Research’s former executives.
Retail FX 
AvaTrade seals sponsorship deal with F1’s Aston Martin team
Dublin-based forex broker AvaTrade today announced that it has concluded a sponsorship deal with Formula One’s Aston Martin Cognizant team that entails sponsorship rights and other marketing benefits.
Executive Moves 
M4Markets onboards Invaxa CEO Marios Antoniou as COO
Seychelles-regulated brokerage firm M4Markets has appointed Marios Antoniou, who has a colorful career within the foreign exchange industry, in the capacity of its Chief Operations Officer.
Digital Assets 
GK8 now allows clients to control their digital assets as they would their fiat
“As the institutional market is increasingly turning to self custody, our policy engine empowers them to automate transactions, approvals, and even crucial workflows, while providing the highest degree of security, consistency, governance and control.”
Digital Assets 
Retail CBDCs in the UK: “Welcomed” by CryptoUK and R3, but “Dystopian” for ETC Group
“At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified”, said the BoE and HM Treasury.
Institutional FX 
Centroid taps Iress API to provide retail brokers with real-time market data
“It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering.”
Digital Assets 
Ramp launches FCA-approved off-ramp product, onboards Brave, Trust Wallet, Ledger
“To obtain and maintain our FCA registration, we must meet and operate within their strict anti-money laundering and counter-terrorist financing standards. This is a huge achievement for us, as compliance is a cornerstone of our business and what we stand for.”
Institutional FX 
State Street launches FIX API for Fund Connect ETF platform
“Expanding from proprietary APIs to the FIX industry standard will bring us closer to our goal of 100% digital interactions. This is another example of innovations we’ve brought to our operating model as we celebrate 30 years of servicing ETFs since the launch of SPY.”
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