Feature
Intervention: friend or foe?
If the trend is your friend, is central bank intervention your enemy? The answer is not so clear cut, say Christopher Cruden and Purnur Schneider, not least because of the breadth of interventions, which challenges attempts at uniform analysis
A new safe haven?
As G-7 economies start to look more volatile than some emerging markets, Nikki Marmery investigates whether the new rash of emerging markets indexes could offer some respite
Buy-side call for algorithmic execution in foreign exchange
The institutional buy side is becoming more sophisticated in the way it executes FX trades, and algo platform providers are accelerating their investment in new technology to keep up with growing demand. By Michael Marray
Electronic FX trading in Asia may switch to multi-dealer platforms
The Asian FX derivatives business is expanding rapidly, driven by increased participation from financial institutions and hedge funds. While single-dealer platforms have increased market share over the past few years, incoming regulation could force FX…
Taking stock of 2011: Technology
Upgrading forex trading systems to prepare for regulatory change or simply keep pace with competitors has been a key trend of 2011 for all participants. In the final part of a series of articles taking stock of the year so far, Miriam Siers and Chiara…
Taking stock of 2011: the buy side
Central bank intervention, volatile markets and forthcoming regulation – hedgers and investors in the FX market continue to face some real challenges. Chiara Albanese and Miriam Siers hear their views
Taking stock of 2011: Regulation and clearing
The Group of 20 meeting in September 2009 laid out a set of requirements on clearing, trading and reporting of OTC derivatives. Two years on, plenty of progress has been made – but a number of outstanding issues remain. By Chiara Albanese, Farah Khalique…
Afme: From advocacy to implementation
Set up in June 2010 as the mouthpiece of the FX industry as regulators reshaped the derivatives landscape, the mandate of Afme’s global FX division is gradually changing from one of pure advocacy to one of implementation. Miriam Siers talks to the…
Taking stock of 2011: Volatile trading
The challenges already thrown at the FX market in 2011 have been multi-faceted, ranging from a tough trading environment in major currency pairs to the preparation for new trading and clearing regulations. In the second of a series of articles taking…
Taking stock of 2011: the euro
The challenges 2011 has already thrown at foreign exchange market participants have been multi-faceted, ranging from a tough trading environment in major currency pairs to the preparation for new trading and clearing regulations. In the first of a series…
Focus on: Remuneration
The UK Financial Services Authority implemented its revised Remuneration Code at the start of this year, putting new rules in place around salaries, bonuses and retention payments. Joel Clark talks to Andrew Young, a solicitor in the employment practice…
Best liquidity distribution system: Saxo Bank
Saxo wins liquidity distribution award after adopting a prudent approach to sourcing the best liquidity for its white-label offering
Achievement award: Phil Weisberg
FXall's chief executive wins the 2011 e-FX achievement award in recognition of his contribution to the industry over the past decade
Best liquidity management system: TraderTools
TraderTools wins liquidity management award for its exclusive focus on FX and strong growth over the past year, including the launch of LightFX in partnership with Citi in April
Best retail platform: Citi
Citi wins top spot in retail category, in recognition of the success and growth of CitiFX Pro since its launch in 2008
Best vendor algorithmic trading technology: Thomson Reuters
Thomson Reuters scoops the algo award, following the acquisition of Aegisoft in 2010 and the subsequent launch of Thomson Reuters Dealing Aggregator in May this year
Best bank algorithmic trading technology: Credit Suisse
Credit Suisse's Advanced Execution Services for FX continues to innovate in algo trading and has put a particular focus on helping clients understand and manage their costs
Best professional e-trading venue: Hotspot FX
Hotspot FX wins the award for best professional e-trading venue, in recognition of surging volumes and a number of new initiatives aiming to appeal to different client segments
Best vendor for post-trade services: Traiana
Traiana wins the vendor category for post-trade services in recognition of the multiple initiatives it has launched to tackle the challenges experienced in the FX market
Vendor e-FX initiative of the year: CLS and Traiana
CLS Aggregation wins the vendor award, having become a crucial piece of the FX market infrastructure since its launch in January 2010
Bank e-FX initiative of the year: Société Générale CIB
SG CIB scoops the e-FX initiative award for Alpha FX, a single-dealer platform it began designing two years ago and launched in late 2010
Most innovative bank e-trading platform: JP Morgan
MorganDirect wins the award for innovation, having always sought to offer clients something more than just tight pricing, according to the bank's global head of e-commerce
Best trading technology vendor: Integral
Integral nails trading technology award in recognition of the increasing success of its cloud-based products in the FX market over the past year
Best electronic broker: EBS
Icap Electronic Broking has consistently introduced new innovations to meet the demands both of manual and high-frequency traders, says chief executive David Rutter