Claudia Preece sits down with Fidelity International’s global FX desk – winner of the 2024 Foreign Exchange Trading Desk of the Year – to explore the key ingredients for a successful team, highlighting their focus on well-rounded traders, the importance of a hands-on approach to technology, and plans for further expansion.
The move marks a step forward in the platform’s push to drive institutional crypto spot trading and adapt to evolving market needs.
The expansion follows an increase in market demand for NDFs in the APAC region and builds on the two companies’ existing partnership.
Through leveraging CobaltFX’s Dynamic Credit process, the pair claim they can achieve more flexible and scalable client trade execution.
New partnership will see Quantitative Brokers leverage 360T to launch FX-optimised versions of its flagship algorithms.
New development will see FlexTrade’s FX clients gain access to the LoopFX venue within the FlexFX order blotter.
New revisions will push for trading platforms to disclose how they use data from client transactions, as well as the establishment of a “hierarchy of settlement methods” and a 'risk waterfall' approach, to tackle settlement risk.
Industry experts from Liquidnet, FlexTrade, Tradeweb, BNY, and State Street Global Markets speak to The TRADE about their outlooks for the multi-asset sphere, including how the market structure landscape is shifting, increased cross-pollination, and outsourced trading expanding to more asset classes.
Speakers from Integral, Digital Vega, DIGITEC and LMAX Group explore what 2025 will hold for the foreign exchange markets including multi-dealer platform usage in spot trading, options automation, and the future of swaps.
New development will enable spot matching functionality to the local interbank community for US dollar against the Nigerian naira.