Skip to main content
RSS Feed

Latest FX News

Institutional

FXPA Introduces New Membership Categories The Foreign Exchange Professionals Association (FXPA) is now offering additional institutional categories of membership effective January 1, 2016. The new Associate level categories are designed for smaller buy side and technology firms, as well as regional and private banks. FXPA is also ...
BIS Quarterly Review Looks at Policy Divergence, Cross-Border Banking The Bank for International Settlements (BIS) has released its December Quarterly Review looking at how global financial markets have responded in recent months to the prospect that monetary policy paths will diverge across the major advanced economies (AEs). The 147-page ...
FX Volumes Slide Further in November The recent slide in FX activity following the spike in August continued in November with most multi-dealer venues reporting month-on-month and year-on-year declines. CME Group, HotSpot, ICE, EBS BrokerTec, and FastMatch all saw declines both m-o-m and y-o-y, with Moscow ...
Positive Interims for First Derivatives A strong set of interim results (six months ended 31 August 2015) has been released by software and consulting services provider First Derivatives (FD) with revenue 44% higher at £53.8 million and profit before tax 27% higher at £4.6m. Business highlights include software revenue growth ...
Platform Volumes Continue to Decline Volumes at most FX platform providers declined again in October, however there were positives in the data reported thus far. Icap’s EBS handled average daily volume (ADV) of $83.6 billion in October, down 6.5% from $89.4 billion in September and a 36% decline ...
BIS Data Highlights Success of Trade Compression The latest Bank for International Settlements semi-annual survey of OTC derivatives markets provides further evidence that trade compression is successfully reducing exposures in markets. The survey, for the first half of 2015, show the notional amount of outstanding contracts declined from $629 ...
Intercontinental Exchange to Buy Interactive Data Intercontinental Exchange (ICE) says that it will buy Interactive Data Corporation (IDC), from Silver Lake and Warburg Pincus. The acquisition is valued at approximately USD5.2 billion, including $3.65 billion in cash and $1.55 billion in ICE common stock. "This transaction furthers our ...
FIX Trading Community Revises Guidelines on Execution Analysis in EMEA FIX Trading Community, the non-profit, industry-driven standards body, has announced revisions to its EMEA specific guidelines on execution venue analysis. The revisions, which meet the ongoing requirements for greater granularity, highlight EMEA specific trade scenarios. These specifically relate to different ...
LMAX Exchange Publishes Survey Results Following a survey it conducted, LMAX Exchange has issued the results, claiming they “highlight a worrying lack of awareness among market participants about FX trading practices open to abuse and confirms the need for greater transparency in the industry and ...
FIA PTG: Hold Fire on Treasury Market Structural Change The Principal Traders’ Group (PTG) of the Futures Industry Association has supported the conclusions of the joint staff report into the events of October 15, 2104 in the US Treasury market. The joint staff report found that no single event contributed to ...