The first three platforms to publish May
data offer a confused picture with Gain GTX and HotspotFX lower but FastMatch
FastMatch reports average daily volume
(ADV) of $11.4 billion, its second highest this year and its fifth highest
since it ...
One of the six principles in the first
release of the FX Global Code, released today (May 26 2016) covers information
Broadly speaking, this states: “Market participants
are expected to be clear and accurate in their communications and to protect
investors with access to non-bank liquidity providers execute 20% of their
volume through non-bank liquidity providers, according to a new report from Greenwich
In the report, Diversifying
Liquidity: Attaining Best Execution in FX Trading, Greenwich Associates
says macroeconomic and ...
The fracturing of the
global interest rate swaps market that emerged in the aftermath of US swap
execution facility (SEF) rules coming into force in October 2013 shows no signs
of reversing, according to the International Swaps and Deriviatives Association
The latest platforms
to report their spot volumes show continued sluggish performance, with CME, EBS
and Reuters all down year-on-year and month-on-month.
It is a slightly
brighter picture at Moscow Exchange (Moex), where the exchange continues to
post growing year-on-year ...
Average daily input
value of trades submitted to CLS was $4.69 trillion in March, down 3.5%
compared to February.
This figure is also
down 8.9% from the $5.15 trillion that CLS recorded in March 2015.
Meanwhile the average
daily input volume submitted to CLS was 1,035,678 ...
The UK’s Debt Management Office (DMO) attracted huge demand
for its syndicated re-opening of £4.75 billion of its ultra long-dated 21⁄2%
2065 Gilt this morning. The issue, which was priced at £106.164, equating to a
gross redemption yield of 2.2905%, attracted over £21 billion of ...
The president of Japan’s Government Pension
Investment Fund (GPIF) has said that the fund will use currency hedges to
“smooth out” the fund’s exposure to a rising yen.
In an interview with Nikkei News, GPIF
president Norihiro Takahashi, ...
Stefan Ingves, governor of Sweden’s central
bank, the Riksbank, has called for fresh thinking on central bank policy in a
speech delivered at Stockholm School of Economics. In the wake of the financial
crisis, politicians and central bank economists ...
Electronic FX aggregator and distributor
Edgewater Markets announces today that it has raised a $30 million growth
equity minority investment.
funding round is being led by FTV Capital, a growth equity firm that has raised
$1.8 billion since it was launched ...