Capitolis has seen record transaction volumes of $417 billion in the second quarter of 2020 on its FX options novations platform.
Investment bank Goldman Sachs will provide client clearing through LCH ForexClear’s FCM and international clearing broker model.
The non-deliverable forward algorithms (NDFs) will be the latest addition made by Barclays to the cross-asset electronic FX trading platform, the BARX Gator algorithm suite.
David Mercer, CEO of LMAX Group, tells Kiays Khalil that the launch of LMAX’s new weekend currency trading service could lead to 24/7 spot trading within the next five years.
Results from the latest Bank of England survey revealed that UK FX daily turnover in April 2020 has shrunk 16% since October 2019 to $2.4 trillion.
The latest expansion of Virtu Financial’s analytics platform will see dedicated TCA for FX algo trading.
The TY3 matching engine was developed in partnership with FlexTrade to provide reduced cross-region latency for clients.
TORA has launched its new FX auto-hedging function aimed at providing one automated solution for all equity pairs trading.
Barclays is the latest bank liquidity provider to be onboarded to the streaming service for FX spot and derivatives from FXSpotStream.
After recently signing up to Cobalt’s FX post-trade platform, Standard Chartered has now made an investment in the technology provider.