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EBS & Hotspot FX vols Nov 2014: EBS & Hotspot both down around 5% in Nov
EBS saw a small -5.4% drop in volumes in Nov 2014 to $123bn/day, coming after the very Sept and Oct figures and is the first dip since Jul 14. Whilst Hotspot (whose owners Knight Capital Group KCG are...
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Major FX Platforms report Nov 14 volumes: Down across the board between 4-11%
The major platforms have now released their Nov 14 volumes, with Reuters showing an overall -7.1% drop in volumes to $347bn/day, with Spot FX down -11%, which is twice as large a drop as the -5.3% drop...
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CLS FX Nov14: Vols down -2.3% to $5,170bln/day
The CLS settlement system has reported a -2.3% drop in the average daily value of FX trades settled through their platform in Nov 2014, some -13% lower from the record set in September. Although the...
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How many banks offered continues pricing throughout today’s EURCHF carnage?
It’s taken nearly three and a half years, but finally the Swiss National Bank has capitulated to market forces, having spend billions in a futile attempt to defend the EURCHF 1.20 floor, which it first...
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The Swiss move resulted in record daily FX volume of $9.2trillion (up 78% on...
The fallout from the SNB decision last week to abandon the EURCHF 1.20 ceiling on the CHF and let the CHF appreciate continues, with talk of far tighter regulation on retail FX and reviews of risk...
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Major FX Platforms report Dec 14 volumes: Spot vols down across the board...
The major platforms have now released their Dec 14 end year volumes, with all platforms spot volumes down as follows: Reuters total: $350bn/day in Dec, up +0.9% on Nov, and up some +9.2% compared to...
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CLS FX Dec14: Vols down -6% to $4,870bln/day
The CLS settlement system has reported a -6% end of year drop in the average daily value of FX trades settled through their platform in Dec 2014, and some -18% lower from the record $5,940bln/day set...
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Central Bank FX Semi annual surveys Oct 14: Record vols seen in 5 out of 6...
The major central banks reported their latest semi-annual FX survey results for Oct 14 today. Record high daily volumes were reported for London ($3.097bln/day +12.3%), NY ($1,096bln/day +35.1%),...
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EBS reports strong Jan 15 vols and releases new HTML5 ‘everything EBS’ platform
EBS has reported a strong start to the year, with Jan 15 vols +23.7% at $129.6bln/day, some 48.1% up on Jan 14. The increase was driven in part by the increased volatility seen in the wake of the SNB...
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FX Platforms – Jan 15 vols: Spot vols up 27% at Reuters
The major platforms have now released their Jan 15 volumes, with all platforms spot volumes reporting very strong figures, driven by the increased volatility resulting from the SNB surprise move to...
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EBS sees large drop in Feb 15 vols down over 27%
EBS the leading FX ECN has reported a large drop in FX volumes in Feb 2015 down some $35.5bln/day (-27.4%) compared to the strong start to the year as previously reported, which saw Jan 15 vols of...
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When liquidity disappeared – FXCM account of EURCHF liquidity in 40mins...
FXCM has published a very interesting account of what they saw in terms of pricing in EURCHF from their bank liquidity providers in the seconds and minutes following the SNB decision to remove the...
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FX Platforms – Feb 15 vol: Reuters spot vol down 15%
The major FX platforms have now reported Feb 15 volumes. Following the very strong Jan figures, volumes for February are down across the board, with EBS showing the biggest drop, down -27.4%, with...
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CLS FX Settlement platform Feb15: Vols down -8.3% to $4,870bln/day
The CLS settlement system has reported an -8.3% drop in the average daily value of FX trades settled through their platform in Feb 15, taking volumes back to the Dec 14 levels of $4,870bln/day. The...
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CLS FX Settlement platform Feb15: Vols up +5.7% to $5,150bln/day
The CLS settlement system has reported an +5.7% increase in the average daily value of FX trades settled through their platform in Mar 15, taking volumes back up to $5,150bln/day. The monthly increase...
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Regional banks upping their game, as Standard Bank rolls out an award winning...
We often comment on how regional banks are upping their game, and investing in new single-dealer platforms (SDPs) to enable them to better serve, protect and grow their client franchise. With that in...
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ICAP results, refocus of business on facilitating market efficiency and...
The regulatory reforms of Dodd Frank, MiFID II, EMIR and Basel III, are fundamentally changing the structure of Global OTC markets. As a result, participants face higher costs for regulatory capital,...
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FX Platforms – Apr 15 vol: All platforms showing falls, with EBS off most at...
The major OTC FX platforms have now reported their April 15 volumes. All the platforms reported falls ranging from -2% for FastMatch to -15% for EBS, following strong gains in March. Looking in more...
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EuroMoney 2015 FX Rankings: Citi #1 again, but top banks continue to lose...
The annual EuroMoney FX ranking for 2015 have just been released, and they make interesting reading. Key findings from the EuroMoney 2015 survey: Citi takes 1st place, for the 2nd year running, with a...
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CLS FX Settlement Service: Apr 15 vol figures -9.9% broadly inline with other...
The CLS FX settlement system has reported a -9.9% drop in the average daily value of FX trades settled through their platform in Apr 15, taking volumes back down to $4.64trillion/day. The monthly drop...
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