Yet proponents insist US government bond market is ‘ready for disruption’
New trading platforms must enable dealers to make pre-trade disclosures – but industry doesn't know what information needs to be provided
A recent flurry of FX trading platform launches will undoubtedly lead to a round of consolidation, with less successful players squeezed out of the market, argue FX Week USA speakers
Panellists at FX Week Europe discuss the implications for the forex market of a possible exit of one or more eurozone members from the single currency
Sefs in stasis
High volatility in foreign exchange markets as a result of eurozone sovereign debt issues and the US debt problems have resulted in record volumes, platforms report
Day of the aggregators
FXall chief executive Phil Weisberg suggests banks might choose to outsource some elements of their single-dealer business to multibank platforms when Dodd-Frank Sef rules become binding
Société Générale's latest results highlight contribution of interest rate and foreign exchange structured products.
HSBC has begun rolling out a web-based currency data charting application from UK vendor TraderMade to its corporate and investment clients. The application, called FX Charting, will support trading and hedging strategy decisions.
A sharp divide exists between clients actively trading on electronic platforms and those that do not trade foreign exchange online, according to new research from US-based consultancy Greenwich Associates.
Currency trading portal FXall has secured the support of seven leading banks to develop a shared messaging hub for notification of prime brokerage deals.
FXall will announce the addition of four new liquidity providers to its platform today, the multi-bank trading portal told RiskNews ’ sister publication FX Week .
Online multi-bank foreign exchange trading platforms have doubled their market share in the last six months, according to Justyn Trenner, chief executive officer of London-based research and analysis company ClientKnowledge.
State Street Corporation is due to announce this week that it has secured a coveted deal with the treasury software unit of Pennsylvania-based technology company SunGard.
Multi-bank FX trading portal Currenex has added new features to its FXtrades service, improving the efficiency of its allocation and settlement processes and minimising post-trade errors, according to Lori Mirek, president and chief executive.
Two former employees of defunct multi-bank FX tradingportal Atriax were last week hired by rival portal FXall. Keith Hill joins FXall in London as head of Europe, Middle East and Africa sales, while Michelle Bachmann-Love was made head of North America…
Multi-bank FX trading portal FXall has created a customised trading and information Web platform for the world’s biggest food company, Switzerland's Nestlé.
Foreign exchange trading platform FXall and FXpress, a Pennsylvania-based currency risk management company, are integrating their systems to allow straight through processing (STP) of trades.
The future looks bleak for the remaining multi-bank foreign exchange trading portals, according to delegates at the sixth annual ACI European Congress in Luxembourg last week.
FXall has integrated 11 more liquity providers to its online foreign exchange portal, taking its total to 34.
Online FX trading could be set to soar, according to industry officials, after the collapse of multi-bank platform Atriax removed some obstacles to client take-up. And its rival FXall looks set to benefit most from the surge in uptake, according to a…
FXall, the bank consortium-owned online portal for global foreign exchange trading, will open a representative office in Hong Kong, following approval to operate as a money broker in the city from the Hong Kong Monetary Authority (HKMA). The office, to…