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Platform FX Volumes May 14: Reuters/FXall down & EBS up
The main OTC FX platforms have now reported their May 2014 volumes. EBS had a good May, with a 7.3% rebound in volumes following the steep -22.3% decline in April – would be interesting to see whether...
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CLS FX volumes barely changed in May $4.82trn/day
Data from CLS for May 2014 shows a 0.65% rise in the value of FX trades submitted to CLS for settlement at $4.82trn/day up from April’s figure of $4.79trn/day, which was the lowest since Aug 13. CLS...
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FX Sales practices
As reported last week by Bloomberg, the NY Department of Justice (DOJ) appears to be questioning a number of banks about the practice by sales desks to add ‘hard’ mark-ups to client FX trades. The...
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Tibco Streambase 2014 FX Trading Technology survey
After a two-year break, during which Tibco acquired Streambase, it’s good to see that they are continuing the excellent FX Trading and Technology Trends survey, that Streambase published between...
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Platform FX Volumes Jun14: Record vols at FXall and CLS, with all platforms...
The main OTC FX platforms have now reported their June 2014 volumes. Volumes up across the board, led by FXall which continues to power ahead delivering a new record volumes of $141bln/day up 11pct on...
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Fixing the Fix
The Swiss based Financial Stability Board (FSB), has published an interesting consultative paper, Foreign Exchange Benchmarks Consultative Report. The paper looks at FX market structure, and how that...
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Caplin’s ‘award winning technology’ helping regional banks accelerate...
We have discussed before how regional (commercial) banks have been ‘upping their game’, investing in talented e-commerce people, enhancing their back-end pricing technology and importantly investing in...
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BofE FX Survey data: FX vols recover in April 14 at $2,758bln/day (+6.6% on...
The Bank of England today released their latest semi-annual FX turnover survey results for April 2014. Highlights on London FX volumes for April 2014 FX vol of $2,758bln/day, +$171bln/day, which is...
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Global FX Volumes: Top six centers, what’s the story?
The major central banks representing the top six FX trading centres have now published their semi-annual FX volume surveys data for April 2014, so what’s the story? Key findings from top 6 FX centres:...
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Platform FX Volumes July14: Double-digit falls for most platforms
Major platforms have reported July FX volumes, with double-digit falls across the board, with Thomson Reuters (TR) spot vols down -14.5% to $98.8bln/day – a record low, whilst taken in total all...
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Are regional banks ready to offer mobile trading?
Top tier banks have been offering mobile solutions to their institutional clients for a while now, ranging from research and indicative pricing, through to enabling clients to manage existing and in...
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Platform FX Volumes Aug14: Strong gains for EBS & Hotspot, lackluster for...
All the major FX platforms reported increased volume figures for August, with EBS leading the pack with a healthy 21.1% rise to $85.5bn/day and some 8.6% up on a year ago, with Thomson Reuters...
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Fixing the Fix – final report from FSB
The Swiss based Financial Stability Board (FSB), has today published their final report and recommendations for Foreign Exchange Benchmarks, which follows an initial consultative report published in...
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Regional banks upgrading single-dealer platforms to protect and grow market...
Interesting new research paper from Celent; FX Trading Platforms: Models Converge, and Competition Heats Up, examines trends in the FX markets, the blurring of traditional market structure boundaries,...
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Platform FX vols Sept 2014: Strong rebound for all major platforms, led by...
FX vols of the major platforms showed solid gains in September, led by EBS which was up +37.9%, Thomson Reuters Spot up +34.6%, and Hotspot up+32.3% in Sept. Detailed volumes were: EBS $117.9bn/day in...
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CLS FX vols Sep 14: Record vols up $1Trn/day (+21.2%) to $5,940bln/day
Confirming the increased vols seem from the major FX platforms, the FX industry settlement platform CLS, today reported Sept 2014 figures, which saw volumes shoot up by $1trn/day to a new record of...
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EBS & Hotspot FX vols Oct 2014: EBS up 10pct whilst Hotspot down 10pct!
EBS the FX platform owned by ICAP saw a strong performance in Oct 2014, with daily volumes rising 10.2pct to $129.9bln/day, the highest volumes since Feb 13 as volatility returns to the FX markets....
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Regulators hit five leading banks with FX manipulation fines of over $3bln
The US (CFTC), UK (Financial Conduct Authority) and Swiss (Finma) regulators delivered a concerted and coordinated attack on the manipulations that have dogged the FX market for too long. The three...
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Thomson Reuters FX vols for Oct 2014: Down 10.4pct at $373bln/day
Thomson Reuters has released Oct 14 volumes for their FX platforms, which show an overall -10.4% drop in volumes, with Spot FX down a smaller -6.4%, in contrast to the strong performance from EBS last...
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CLS FX vols Oct14: Vols down -10.9% to $5,290bln/day, whilst setting new...
The CLS settlement system has reported a -10.9% drop in the average daily value of FX trades settled through their platform in October 2014 compared to the record set in September, which is in-line...
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