Articles by Eva Szalay
Fluent launches PB risk management solution
Product aims to solve the problem faced by prime broker banks lacking adequate pre-trade risk management systems
Dealers still dominate activity in complex FX instruments- BIS
Findings contrast with latest Triennial Survey flagging non-dealer market participants as key drivers of growth
Randomisation allows smaller players to compete
The fightback against HFTs is well under way in FX, where major trading platforms have embraced the idea of randomised orders in a bid to escape the technology arms race
Instantaneous hedging is not market-making, says GSA
Rise of hot potato trading is direct result of instant hedging from market-makers, says GSA Capital
Raiffeisen Polbank selects TradAir FX rate engine
Raiffeisen Polbank goes live with rate engine and market-making distribution network
Citadel expands into FX market-making
One of the largest non-bank players in US equities has joined the ranks of market makers in FX
Levinson appointed as chief FX strategist at Sberbank
Levinson will be based in Moscow, reporting to Alexander Kudrin
Yoshida joins Deutsche Bank as global head of rates sales
Yoshida to head Deutsche Bank's global rates sales from September
Lucera launches FX trading platform
Clients have separate servers to avoid crowding and improve failure management
Voice brokers in full support of EBS eFix Matching
The balance of power between voice brokers and e-teams reaches a new equilibrium
Black Phoenix glitch highlights PB dangers
A Chicago-based firm's rogue algorithm highlights the dangers of running PB relationships without appropriate credit risk controls
Citi relocates FX technicals team
Citi has restructured its FX technical strategist team to serve its clients globally, a memo states
EBS appoints global head of e-commerce solutions
Trading platform hires Paul Allmark from Thomson Reuters, to head development of e-commerce products
Standardisation reaches back-office functions
The fragmented nature of FX has made client management on platforms costly and cumbersome
EBS Live moves to 50 millisecond updates
EBS Live set to update twice as fast as previously, while minimum quote lives will be halved
CLS will adhere to US sanctions on Russia
The ruble looked set to become the 18th currency to be settled through CLS, and while both the CBR and the industry utility are committed to the deadline, political uncertainties remain
Industry to meet regulators on FX options clearing plans
Industry plans to arrive at a workable framework for FX options clearing gather steam
Non-bank market-makers to increase role in FX
Non-bank market-makers to gain ground against banks in the increasingly commoditised business of market-making in FX
Nordea teams up with Caplin for single-dealer offering
Nordea Markets chooses Caplin Systems' Liberator service for its single-dealer platform
ITG study finds fixing time "irrational and expensive"
ITG looked at eight currency pairs on Thomson Reuters Matching, one of the data sources for the now controversial WM/Reuters fix
Trade life-cycle monitoring migrates to FX
A new breed of monitoring and surveillance technology arrives in FX
Suspended traders prepare to fight back
Traders prepare to defend actions that have led to suspension of dozens in connection with the global FX probe
Hungary tightens bank FX funding rules
Hungary's central bank aims to smooth out maturity mismatches between long-term foreign exchange loans and the short-term funding banks' use