CMC Markets
Asia FX Awards 2024: The winners
The FX Markets Asia FX Awards present 43 categories, determined by an esteemed judging panel comprising industry experts and FX professionals across Apac. They have paid attention to firms that brought unique and innovative ways to fulfil industry needs…
How big data has changed dealing for good
Artur Deliergiev, algorithmic quantitative trading manager at CMC Markets, looks at the changes brought about by automation on the trading floor and why he considers it a step in the right direction
The global FX code – Digging deeper on ‘last look’
The global FX code has – at a top level – succeeded in improving the quality of the eFX market in recent years. A set of common principles has been laid down and received well but, with a public consultation that could result in further reform, Richard…
Industry demarcation – Liquidity providers versus prime-of-prime brokers
The term ‘non-bank liquidity provider’ may not be new, but recent months have seen it used more liberally in corners of FX markets. Richard Elston, head of institutional at CMC Markets Connect – the recently rebranded business-to-business division of CMC…
Liquidity, regulation and the FX Global Code – Non-bank FX in 2021 and beyond
As 2020 – a year that will undoubtedly remain etched in the memories of many for a long time to come – draws to a close, Richard Elston, group head of institutional at CMC Markets, explores the key themes he sees emerging across the non-bank FX community…
The importance of minimising market impact
Market impact is a nuanced subject – one industry veterans are well aware of. But, with fundamental changes over the past decade shifting how FX markets function, a swath of new service, technology and liquidity providers has emerged. David Fineberg,…
How did markets fare with volatility in the new liquidity landscape?
By all accounts, markets have been relatively subdued for the past few years. Simon Campbell, group head of trading at CMC Markets, discusses how – while there have been occasional flurries of volatility around Brexit, the US elections and the trans…
CMC: fiscal stimulus holds potential for pound upside
Amid uncertainty around Brexit clearing, upcoming UK budget may add support to UK currency
Will a regulatory shake-up see market quality improve?
Richard Elston, head of CMC Institutional, talks to FX Week about how regulatory change is manifesting itself in 2020 and why this will leave the entire industry in a stronger position for the future.
Building a hedge fund to challenge legacy players
Ross Newell, business development manager at CMC Institutional, discusses some of the challenges faced by those looking to formalise their independent FX trading activities into a structured fund, and why the demands of the investors should never be…
CMC: dollar will not weaken too much, despite Fed easing
USD unlikely to weaken significantly as ongoing rate differentials remain in its favour
The significance of a well-capitalised prime broker
Andrew Wood, business development manager at CMC Institutional, explores the pivotal connection between capitalisation and the future success or failure for funds starting up, and the importance of minimising order rejection.
The global FX problem demanding a local solution
Andrew Wood, business development manager at CMC Institutional, outlines the key considerations for firms seeking a liquidity provider, focusing on the importance of a strong local presence and how a comprehensive understanding of local customs and…
CMC posts profit warning; Foley resigns
New Esma margin rules have “resulted in retail clients trading less”, online trading firm says
CMC Markets: dollar to weaken as Fed halts rate hikes
Other central banks will follow the US lead and not tighten monetary policy further in 2019
Cost efficiency without sacrificing access to liquidity
FX Week talks to Richard Elston, head of institutional at CMC Markets, about the transforming landscape of foreign exchange, including structural changes and fragmentation in FX markets, organisations’ varying liquidity needs and a shift towards cross…
Brokers see mixed impact from Esma crackdown
Several brokers believe Esma’s decision will be good for retail investors, while others expect a flight to more lenient jurisdictions
FCA sees 'serious risk of harm' in CFD products
In a letter addressed to the chief executives of CFD providers and distributors, the UK watchdog highlighted several areas of concern
Esma proposes crackdown on CFDs and binary options
Esma considers ban on binary options and tighter leverage limit rules for contracts for difference
Central banks to stay quiet for now, says CMC
But the Fed could clarify its big unknown – how new appointees will implement monetary policy in 2018
Esma warns it may intervene to regulate CFDs and retail products
Two years since Esma set up a task force to supervise risky products such as CFDs, rolling spot FX and binary options