GFI Group
360T Americas chief executive departs
Philip Harris has left the FX trading platform provider after four years
MarkitServ and Traiana prep pre-trade credit hubs
Post-trade technology providers are vying to build a pre-trade hub that will provide certainty of execution and clearing under new regulation, to be rolled out for rates, credit and FX within months
Advanced Markets exits US retail market
Margin forex brokers continue to exit US market to focus on institutional business
GFI extends ForexMatch into Asian and African currencies
The interdealer broker is expanding the footprint of its forex derivatives platform by adding Asian and African currency pairs
The platforms of 2012: Thomson Reuters
Thomson Reuters has refrained from making the major changes to its FX platforms that rival EBS has made in recent years, but that allegedly unresponsive approach has to some extent been vindicated by the challenges EBS has faced. In the latest in a…
Tradition hires ex-GFI client relationship director
Scott Fitzpatrick, a 10-year veteran of GFI Group, has joined rival interdealer broker Tradition in New York
Interdealer brokers pick MarkitServ for FX processing
BGC Partners, GFI Group, Tradition and Tullett Prebon have all chosen middleware provider MarkitServ to facilitate connectivity to CCPs and trade repositories, and voice affirmations
E-FX Awards: Graduation of the class of 2000
Citi, JP Morgan, Saxo Bank, MarkitServ and Icap's Gil Mandelzis are among the winners of the 2012 e-FX awards, which recognise excellence and innovation in FX technology
FX options initiative of the year: GFI Fenics
GFI Fenics wins the inaugural e-FX award for FX options initiative of the year in recognition of the successful launch of Fenics Trader in 2011
Spotlight on: James Watson, FXall
FXall’s newly appointed head of Europe, the Middle East and Africa talks to FX Week about his recent move from an equity sales role at Morgan Stanley into the FX market, and his aspirations for the platform’s European business
FXecosystem hires US salesman
FX sales veteran Robert Dantone will join FXecosystem from FlexTrade on June 1
Spotlight on: Ron Levi, GFI Group
The interdealer broker’s chief operating officer talks to Joel Clark about the growth of GFI Group during its 25-year history, its strengths in foreign exchange, and why he expects to be among the first wave of brokers to register as a Sef under the US…
SurfacExchange expands with senior hires
SurfacExchange has recruited three senior business heads as the options platform looks to expand its global client base
GFI targets generalist salespeople with latest Fenics release
Version 12.2 of Fenics Professional, launched earlier this week, aims to make the system more accessible to non-specialist salespeople
Overcrowded market for forex options platforms will lead to consolidation
With at least six new multibank options platforms now competing for market share, differentiation is crucial for participants, but some believe consolidation of platforms is also inevitable. Chiara Albanese reports
FXCM hires currency broker to sell on DCX
Scott Sillitoe has joined FXCM from BGC Partners
GFI soft-launches NDF risk-mitigation platform
GFI Group recently extended its ForexMatch Liquidity Swaps platform to new currency pairs, including USD/TWD and USD/CNY
Bank focus on new options platforms intensifies
Tradeweb recently became the latest technology provider to launch a multibank trading platform for FX options, as a handful of new platforms compete to harness liquidity in the product. More than a year since the first platforms went live, which ones…
FX market looks to Brazil for LatAm returns
Brazil is a key area of focus for FX banks and interdealer brokers this year, despite the erratic behaviour of the Brazilian real towards the end of 2011 and the challenges arising from the currency’s non-convertibility. Melanie White reports
Tradeweb joins multibank FX options fray
The launch of Tradeweb’s multibank platform for FX options puts the vendor into competition with a host of other new platforms
Scott Fitzpatrick departs GFI Group
GFI's brokerage client relationship director is relocating to New York with his family, but his professional plans are not yet known
Corporates fear move to platform trading for FX options
Despite being exempt from clearing and exchange trading requirements in the US and Europe, some corporate treasurers fear they might have little choice but to execute FX options on electronic platforms
Trading places, October 31, 2011
New appointments at Citi, Caplin and the CFTC, while Saxo promotes Missonnier to run new Brussels office