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 growth reflects increasing buy-side demand for all-to-all trading, particularly driven by the corporate bond market, according to the latest Coalition Greenwich report.
The offering aligns with further planned expansion, with the firm also set to offer EBS Direct and CME Group’s FX Spot+ platform.
Launch follows significant institutional growth in the digital asset derivatives market; first successful trade already executed.
The move follows the announcement in April 2025 that the exchange had become the only Mifid II-regulated trading venue for crypto perpetual futures in the EU.
As the US and Europe continue to take opposing approaches to extending trading hours, Wesley Bray explores what’s encouraging division of thought, arguable benefits and the potential long-term market impact.
The move expands IBVAL’s coverage by approximately 6,000 bonds and will see pricing coverage increase to 22 hours a day, five days a week for the most actively traded securities.
The move marks a step forward in the platform’s push to drive institutional crypto spot trading and adapt to evolving market needs.
The move forms part of the clearinghouse’s drive to offer clearing across a range of asset classes and follows the recent launch of Cboe’s European SFTs clearing service in March 2025.
Sophisticated algorithms and the rise of electronic execution are seeing buy-siders place greater focus on options between high-touch and low-touch execution, according to Coalition Greenwich’s latest study.