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Did Central Banks Step in to FX Markets? The suspicion is growing that central banks may have stepped into FX markets to dampen volatility earlier. Following a surprisingly large “leave” vote in the council area of Sunderland, Cable dropped over 500 points in thin liquidity but “hit a brick ...
Sunderland Results Highlights Nervousness in FX Markets News that the North East England council borough of Sunderland had voted ‘leave” in the UK’s EU referendum sent shockwaves through the FX market, and saw Cable plunge more than 500 points in a very short space of time. The ...
Algos Back in Control Ahead of First UK Results In spite of some sharp moves within a 70 point range, dealers report that bank price engines are coping well ahead of the bulk of results in the UK’s EU referendum. “We widened the spread for the first 10 minutes after ...
FX Market Participants Braced for High Volatility Following Referendum With voting in the UK referendum on whether or not the leave the European Union now over, the currency markets are braced for a bout of volatility. The final polls continued to show that the outcome of the referendum is ...
Geneva Trading Buys Toji

02:07 June 16th 2016 in News, Institutional

Geneva Trading Buys Toji

Principal trading firm Geneva Trading has acquired the assets of Asian-based options trading firm Toji International Geneva has offices in the US and Europe and the acquisition of Toji, which it says has “deep expertise in the Asian Pacific markets”, ...
Russell Investments’ RFX Network has expanded its reach by establishing itself as a certified end point on the Charles River Network Service, thus continuing its drive to offer an alternative to the WMR Benchmark Fix. Russell teamed with Integral Development ...
Cable Spike Highlights Liquidity Risk It was the turn of Cable to go off on a spree in Asia, with the pair moving from just below 1.4480 to above 1.4640 in less than 90 seconds. As usual there are rumours as to why the move occurred, with a “...
A Month to Forget for the Platforms Volume data released by EBS and Thomson Reuters confirms that, for the multi-dealer platforms at least, May was a difficult month, with all platforms bar one to report data recording their worst performance of the year. Data from EBS shows ...
Reuters Throws Ball of Confusion Reuters has added to the market volatility following the US non-farm payrolls shocker – only 38k jobs were created in May versus the analysts’ consensus for 160k – by flashing that the Swiss National Bank had introduced negative rates. EURCHF immediately went ...
Déjà -Vu but Worth Another Read Over the years, many predictions about how one market will come to resemble another have proved completely inaccurate. However, what is becoming increasingly true is how changes in one market almost always spill over into others. There are numerous examples ...