Asset Management
PB concentration risk a concern as volatility picks up
Global head of Currenex says the lack of a dynamic FXPB space is a worry as non-bank liquidity providers need access
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models
Invast partners XTX to allow non-PB clients NBLP access
It's a new era, says Invast chief Gavin White on the partnership
BlueCrest sheds traders as it winds down FX vol business
It is believed the decision stems from losses incurred by its foreign exchange business
Acquisition of CFH set to go through on November 30
UK gaming and financial technology provider Playtech is set to buy CFH in a deal worth up to $120 million
Saxo Bank gives PB clients cross-collateralisation tool
Prime broker customers will be able to use a single pool of collateral across London, New York and Tokyo
Traiana builds out PB kill-switch network and credit tool
As prime brokers seek more control, Traiana gets set to launch a dynamic credit-allocation product
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers
EBS to open NDF pool to non-bank players
Trading platform makes high-level decision to give prime brokerage clients access. Timing and details to come
DMALink and ADS seal FXPB clearing deal
The platform's clients will gain access to sustainable credit and clearing services
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Best Prime-of-Prime Provider: ADS Securities
The broker's pure PoP model, allowing multiple liquidity providers, wins
Price of credit to rise while clearing still years away
The cost of credit in FX may be rising, but it's still cheaper than clearing, webinar participants say
Hunter Burton Capital launches new FX fund
The income fund will focus on short-term market volatility
Brexit uncertainty to benefit active funds
No one knows what Brexit will bring, but investors say market dislocation could be a plus for active managers
Hunter Capital appoints Lerpiniere as senior portfolio manager
Sydney-based global macro fund makes senior hire
ADS sees $1.3 trillion credit gap as it launches prime-of-prime
ADS Securities says it is ready to step up to fill the gap left by FX prime brokers with a true PoP service
FX funds fall flat in March
Yields slip as Fed guidance lowers hike expectations
Icap buys hedge fund analytics platform
An investor in Enso Financial Analytics since 2013, the interdealer broker aims to broaden its fintech presence
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
Curex chief: anonymity is key to best execution
Curex and FX Connect sign agreement to provide clients with an alternative liquidity pool
FX funds begin 2016 on a positive note
Parker FX Index meanders into positive territory in January
UBS reshuffles FXPB ranks
Oh makes his exit, Connolly and Bader take on global co-head roles, and Rosoman moves up