The Foreign Exchange Professionals
Association (FXPA) announced the addition of FXSpotStream as the latest member
of the FX trade group. FXSpotStream joins FXPA as an Associate Member.
“As a bank-owned consortium bringing
greater transparency and efficiencies to the FX market, ...
ACI - The Financial
Markets Association has launched its E-Learning and Certification (ELAC) portal
in the US to help promote ethical
behaviour in the fixed income, currency and commodity (FICC) markets.
ELAC is an interactive
teaching and testing tool designed ...
Swaps and Derivatives Association has announced that its Board of Directors has
voted to increase the size of the ISDA Board from 26 to 30.
further broadens the perspective and scope of the board by appointing members
Software and consulting services
provider FD announces the acquisition of QuantumKDB (UK) Ltd. According to FD, the acquisition will support
the growth of its Kx business through complementary consultancy services.
Initial consideration for the
acquisition is £1.7 million, of which £600,000 is ...
Bloomberg has acquired the intellectual
property, patents and engineering assets of Netbox Blue, a provider of social
media risk management and compliance solutions, to enhance its enterprise compliance
platform, Bloomberg Vault.
According to Bloomberg, the addition
will provide clients with ...
The Foreign Exchange
Professionals Association (FXPA) held member events in New York and Singapore
in recent months that brought together industry professionals and regulators
for in-depth discussions around the topics of conduct and liquidity.
The New York event was
Thomson Reuters says that spot average
daily volume across its FXall and Matching platforms was $91 billion in
December, up slightly from November’s $90 billion per day, but down on December
2014’s $106 billion.
Non-spot volume was $246 billion per day,
up from $226 ...
Some of the first platforms and exchanges to release trading
volumes for December are showing declines against year-ago levels, and mixed results
over November levels.
ICAP reports average daily volume on EBS of $74.8 billion
for December, a 28.6% drop from the $104.8 ...
FastMatch is introducing rules that will
require all liquidity providers to use only a “symmetrical last look” practice
on its ECN. The new operating procedures are designed to “make FX institutional
markets more transparent and operate a fair marketplace”. The ...
In its recent Q4 Quarterly Bulletin, the
Bank of England (BoE) touches upon the recent trend of narrowing swap spreads –
the difference between interest rate swap and government bond yields of
equivalent maturity – and points to “short-term, temporary factors” as ...