ITG and State Street integrate TCA with FX trading platform
Integration combines FX trading with TCA to measure best execution under MiFID II requirements.
Foreign Exchange
FX central clearing booms amid margin rule changes
Uncleared margin rules have caused significant increase in central clearing of FX.
Asia steals FX market share from UK
The UK sees its first dip in FX market share in 10 years.
Former FX trader at Barclays faces $1.2 million fine
FX trader created chat room to facilitate benchmark manipulation with traders at competitor banks.
Blockchain initiative gains momentum with derivatives investment
Cobalt DL enters in beta testing with eight FX institutions, amid investment from First Derivatives.
Bats expands FX unit with acquisition
Bats to acquire SEF firm Javelin to be integrated into its Hotspot FX business.
Cost of trading sways FX traders when choosing broker
Regulation tops list of concerns globally for FX traders, as they agree cost effectiveness dictates reasons behind choosing a broker.
Deutsche Boerse and GSX list Bitcoin instrument
Traders are now able to gain exposure to digital currency Bitcoin through an exchange traded product that has listed on the Gibraltar Stock Exchange and Deutsche Boerse.
Two thirds of traders not getting “fair execution” on FX
FX market participants agree transparency has not improved and trust in the market remains an issue.
Thomson Reuters adds FX platform to post-trade network
FX platform EBS is latest addition, as Thomson Reuters claims users on its trade notification tool has doubled year-on-year.