Thomson Reuters
Migration from multi-bank platforms set to continue as fees mount
High fees in low-return environment pushing banks to alternative liquidity distribution channels
FXall sees record single-day volumes of $197 billion in January
FXall volumes hit single-day record at just below $200 billion
Buy side enjoys two consecutive quarters of narrowing spreads
Cut-throat competition for volumes brings good news for buy-side firms
Russian ruble pricing changes provoke FX market debate
Debate over price granularity in the ruble heats up as platforms consider changes
Redefining roles within the FX market
Many trading platforms and industry utilities have been driven to redefine their roles within the industry in recent years, and banks will have to follow their lead, writes Joel Clark
Thomson Reuters on top after stagnant start to year
A mid-December forecast that major currencies would remain fairly static in the short term lands Thomson Reuters - IFR Markets at the top of the one-month rankings
Volume data creates distorted view of liquidity
As the six main FX committees prepare to release the results of the latest semi-annual FX turnover surveys this week, Joel Clark looks at volume trends in the industry over the past three years
EBS to consider latency floor extension within weeks
Analysis of the randomised pause applied to AUD/USD and USD/CHF is almost complete, allowing EBS to consider an extension to other currency pairs, says platform chief
Thomson Reuters ‘considering’ randomisation on Matching platform
The largest FX trading platform by volume could be the latest trading venue to apply randomised pauses, following EBS and ParFX
Dealers losing exclusive role in FX, BIS report notes
A new analysis of the 'anatomy' of the FX market notes the increasing influence of non-dealer financial institutions, following this year's triennial survey
SG CIB joins ParFX as latest bank member
The French bank has become the 12th founder member of ParFX, while Bank of America Merrill Lynch started trading last month without becoming a member
Thomson Reuters investments pay off with three awards
Company wins best vendor for dealing technology and best broker for emerging markets, while FXall retains best professional e-trading venue
High-profile CIO exits FXall after 18 months
Steve Rubinow, who joined FXall as chief information officer shortly before it was acquired by Thomson Reuters last year, has left the company
State Bank of Vietnam taps Thomson Reuters for FX monitoring system
Vietnam's central bank takes a step forward in increasing transparency and reporting in its foreign exchange market
Standardisation needed in Sef reporting conventions
Sefs agree a lack of clarity on reporting requirements has created an inconsistent and fragmented view of trading activity
Meet the Sefs
The weeks leading up to the October 2 deadline for registration as a swap execution facility (Sef) under the US Dodd-Frank Act have seen a wave of new platforms receive approval from the Commodity Futures Trading Commission (CFTC). Robert Mackenzie Smith…
Gain Capital appoints chief financial officer
KCG's Jason Emerson moves to Gain, while Price Markets hires a new head of FX sales
Pressure mounts on CFTC for relief on Sef rules
CFTC is being lobbied to grant relief on the contentious Footnote 88, which requires platforms to register as Sefs even if the products they offer are not yet made available to trade
FX Week Forum: Dodd-Frank and electronic platforms
In the second in a series of video features addressing key themes in the global FX industry, Joel Clark talks to Kathy Alys and Rob Mackenzie Smith about recent stories covering the Dodd-Frank Act's external business conduct standards and pricing on…
StanChart appoints assistant FX chief dealer
StanChart appoints assistant FX chief dealer; BAML makes appointments in sales; Deutsche Bank makes senior Australia appointment
Saxo Bank to publish monthly volume data
Danish firm aims to promote greater transparency by going public with its volume figures on a monthly basis
FXPBs call for new approach to credit allocation
Overallocation of credit remains a challenge for FX prime brokers, but the industry is looking to create a clearer picture of where credit is being used
Striking a balance on pricing
FX platform pricing models have come under fire, with calls to reduce or abandon fixed costs, but how should platforms seek to get the balance right?