Prime brokerage
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models
Invast partners XTX to allow non-PB clients NBLP access
It's a new era, says Invast chief Gavin White on the partnership
Acquisition of CFH set to go through on November 30
UK gaming and financial technology provider Playtech is set to buy CFH in a deal worth up to $120 million
Saxo Bank gives PB clients cross-collateralisation tool
Prime broker customers will be able to use a single pool of collateral across London, New York and Tokyo
Traiana builds out PB kill-switch network and credit tool
As prime brokers seek more control, Traiana gets set to launch a dynamic credit-allocation product
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers
EBS to open NDF pool to non-bank players
Trading platform makes high-level decision to give prime brokerage clients access. Timing and details to come
Buy-side FX trading curbed as margin rules take hold
Prime brokers will cut off access to dealers if they fail to agree revised CSAs
BIS completes draft of Global Code of Conduct phase two
The FXWG plans to send the document to various FX committees in the coming weeks
DMALink and ADS seal FXPB clearing deal
The platform's clients will gain access to sustainable credit and clearing services
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Best Prime-of-Prime Provider: ADS Securities
The broker's pure PoP model, allowing multiple liquidity providers, wins
Price of credit to rise while clearing still years away
The cost of credit in FX may be rising, but it's still cheaper than clearing, webinar participants say
ADS sees $1.3 trillion credit gap as it launches prime-of-prime
ADS Securities says it is ready to step up to fill the gap left by FX prime brokers with a true PoP service
Icap buys hedge fund analytics platform
An investor in Enso Financial Analytics since 2013, the interdealer broker aims to broaden its fintech presence
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
CFH Clearing launches matching engine in TY3
The prime-of-prime provider aims to reduce latency and enhance execution by reducing the round trip between London and Tokyo by 200 milliseconds
UBS reshuffles FXPB ranks
Oh makes his exit, Connolly and Bader take on global co-head roles, and Rosoman moves up
The new FX equation
Firms are scrutinising expenses more than ever, but despite hard times, one market participant believes innovation will drive down costs and "our best days as a market are ahead of us"
Comparing apples and apples
With clients expecting more transparency, it is vital for firms to be in control of costs. The key is determining the true all-in price of execution
FX Focus: The new FX equation
The latest quarterly supplement, FX Focus, is now online
Banks are still vital for FX
Liquidity provision may increasingly be a non-bank play, but credit remains a bank business
Credit remains the biggest headache in FX
FXPB adjustment pressures clients as service providers tackle rising costs