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 ...
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 ...
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
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 ...
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 ...
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 (ICE) says
that it will buy Interactive Data Corporation (IDC), from Silver Lake and
The acquisition is valued at approximately
USD5.2 billion, including $3.65 billion in cash and $1.55 billion in ICE common
"This transaction furthers our
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 ...
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 ...
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 ...