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FX 2nd tier platform vols Nov 15: Fastmatch & Hotspot vols down over 6% in...
Volumes continuing to decline with the approach year-end, and in terms of the second tier FX platforms, FastMatch vols fell -6.7% in Nov 15 to $8.4bn/day, following the +15.4% rise in October,...
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EBS report near 10% fall in FX vols in Nov 15
EBS one of the major platforms in the FX market, has released weak Nov FX vols, which at $75.5bn/day are down nearly -10% on the $83.6bn/day reported in Oct, and a huge -38.6% down on the $123bn/day...
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FX Platforms Nov15: Reuters FX spot vols down -13.5% in Nov (lowest since...
Thomson Reuters has released Nov15 FX vols, which show a fourth monthly drop, with FX Spot vols down -13.5% at $90bn/day, the lowest reported vols for Reuters spot FX since Reuters started releasing...
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Right-sizing in FICC – more cuts probably on the way
Last week, Morgan Stanley announced another wave of Fixed Income, Currencies and Commodities (FICC) redundancies. Some 1,200 due to leave the bank, of which around 500 (I have seen this equated to...
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Interesting Celent report on future of Spot FX trading technology & platforms
Just finished reviewing an interesting Celent report by Brad Bailey, on evolving spot FX market structure and technology trends in light of changes in global regulation, a blurring of traditional...
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FX 2nd tier platform vols Dec 15: Fastmatch (+13%) & Hotspot (+7%) in Dec 15
FX volumes for December across platforms increased, following Fed governor Janet Yellon’s comments on 2nd Dec about The Economic Outlook and Monetary Policy, and the subsequent move to raise the...
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The continual rise of non-bank market-makers.
I have covered the rise of ‘non-bank’ or ‘alternative’ market-makers a few times recently, notably here, here and here. Looking at how, armed with market leading technology, talented etrading techies...
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FX Platforms Dec 15: Reuters and EBS almost unchanged in Dec 15, whilst The...
The top-tier FX platforms have now released their Dec 15 FX vols. In terms of Spot FX vols, Reuters and EBS are barely changed, with Reuters +1.1% at $91bn/day, whilst EBS -0.9% at $74.8bn/day....
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CLS FX Settlement: Value of transactions up 1.4% in Dec 15, end year at...
The CLS FX settlement system has reported a slight increase of +1.4% in the ADV of FX trades settled through their platform in Dec 15, taking volumes back up to $4.47trillion/day (up from...
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Reuters announce FX Options vols increased 166% in 2015 (seems far higher...
A Reuters press release on FX Options caught my eye today. The announcement states that: Thomson Reuters FX dealer-to-client venue saw a surge in options trading volumes of 166 percent in 2015 compared...
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BofE FX Survey data: London FX volumes down -21% in Oct 15 (SDP volume+6%,...
The Bank of England today released their latest semi-annual FX turnover survey results for Oct 2015. Highlights on London FX volumes for Oct 2015 Total FX volume of $2,148bn/day, down -13.4% compared...
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FX Platforms Jan 16: Top tier FX platforms report strong gains, led by EBS +37%
The top-tier FX platforms have now released their Jan 2016 volumes. In terms of Spot FX, all the major platforms delivered strong performances: EBS +37.7% to $103bn/day ($74.8bn/day in Dec 15), still...
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FX 2nd tier platform vols Jan 16: Fastmatch (+24.3%) & Hotspot (+7.1%)
Second tier FX volumes showed gains in January, led by Fastmatch which reported a+24.3% rise to $11.8bn/day, whilst Hotspot reported a +7.1% gain. Table showing Second Tier platforms: Hotspot,...
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CLS FX Settlement Jan 16: value of transactions up 8.3% to $4.84trillion/day...
The CLS FX settlement system has reported a healthy +8.3% increase in the ADV of FX trades settled through their platform in Jan 16, taking volumes back up to $4.84trillion/day (up from...
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Future of Single-Dealer Platforms: SIs, MTFs or OTFs?
An excellent article in Risk.net covered also in FXWeek, looks at the future of Single-Dealer Platforms under MiFID II and discusses the options for bank platforms. Should they register as: Systematic...
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FX 2nd tier platform vols Feb16: Hotspot (+26.8%), whilst Fastmatch (-5.9%)
Second tier FX volumes showed gains in Feb 16, led by Hotspot which reported a strong +26.8% rise to $32.6bn/day, whilst FastMatch reported a most -5.9% decline. Table showing Second Tier platforms:...
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Deloitte 2016 Global FX survey
An interesting FX survey from Deloitte provides insight into the challenges corporations encounter when managing currency risk and possible causes (and solutions) for these challenges, as well as FX...
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FX Platforms Feb 16: Top tier FX platforms reported drop in volumes, led by...
In terms of Spot FX, all the major platforms delivered lower results in Feb 16. EBS -1.2% to $102.6bn/day ($103.8bn/day in Jan 16), up +9% compared to Feb 15 level at $94.1bn/day Reuters spot -9.8% to...
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FX 2nd tier platform vols Mar16: Volumes down led by Hotspot (-19%), and...
Second tier FX volumes reported weak volumes figures in Mar 16, with Hotspot showing a -19% fall to $26.4bn/day, whilst FastMatch reported a smaller decline of -9% to $10.1bn/day. Table showing Second...
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Top tier FX Platforms Mar 16: Reported weak results, EBS volumes sharply...
In terms of Spot FX, all the major platforms delivered lower results in Mar 16. EBS -18.4% to $83.7bn/day ($102.6bn/day in Feb 16), down -26.9% compared to Mar 15 level of $114.5bn/day Reuters spot...
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