Foreign exchange Archive

Institutional investors are pressing for greater visibility on FX prices from brokers via equity-like transaction cost analysis, but still accept that the best service is based on an in-depth relationship with sell-side partners. read more>

The Singapore Exchange is consulting the market on the potential launch of four new foreign exchange futures contracts, ahead of a prospective Q3 launch. read more>

Interdealer broker Tradition has added two new founder members to its TraFXpure platform for spot FX trading ahead of its impending launch. read more>

The former head of Knight Capital's algo business Joseph Wald has joined global trading services provider GAIN Capital. read more>

Denmark's Saxo Bank has launched a prime brokerage solution that offers institutional clients, retail brokers and prop trading firms direct access to FX liquidity providers and venues globally. read more>

Derivatives venue and clearer the Chicago Mercantile Exchange has extended its emerging market currency offering with new Indian rupee-based FX futures contracts. read more>

Institutional investors are becoming more sophisticated in their use of electronic trading tools for FX, with almost half opting to use algorithms to execute trades in the asset class, new research has indicated read more>

The battle for Scandinavian market share is set to intensify with a new initiative from domestic exchange operator Nasdaq OMX Nordic to attract overseas flow and the implementation of the London Stock Exchange's Millennium Exchange platform at Oslo Børs. read more>

Expanding its Asian offerings, derivatives marketplace, the CME Group, has added deliverable renminbi futures to its products and renewed its memorandum of understanding with the Shanghai Futures Exchange. In Brazil, it has launched US dollar-denominated Ibovespa futures. read more>

Thomson Reuters has entered an agreement to buy FXall, an electronic multi-bank FX trading platform, as electronic trading in the asset class continues to ramp up. read more>