ParFX
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
Torrey heads to Genesis in institutional sales
Dan Torrey joins the firm from Northern Trust
ParFX: transparency to drive trading practices as Code adoption grows
FX Global Code will spur market participants to amend execution terms and conditions
Awards: ParFX
ParFX has been voted Best e-FX Trading Venue at the 2018 FX Week e-FX Awards
GFXC hopes for Principle 17 decision on November 15
Committee publishes responses to its consultation on last look and will meet to decide on the subject on November 14
ParFX is not for sale
Four years after the launch of the randomised platform, it still has room to grow, says CEO
Randomisation raised level of conversation, say Weisberg and Mandelzis
Former chiefs of EBS BrokerTec and Thomson Reuters FX praise contribution of Campbell Adams and former rival ParFX
Campbell Adams leaves ParFX
Adams is responsible for randomisation as a practice coming to financial markets
Platforms voice support for Code, but shy away from policing clients
While venues overwhelmingly say they will adhere to the Global Code, they won't turn away clients who don't
Hardwiring best practice into spot FX trading venues
The BIS FX Global Code of Conduct is compelling participants to take a hard look at established electronic spot FX platforms
Rules of conduct and the e-trading challenge
With the Global Code of Conduct set to look at e-trading, the industry must ask how this growing area can best be governed
New FX code gains overwhelming support
Code covers ethics, governance, information sharing, execution, risk management, confirmation and settlement
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
Price and perfect execution
Firms are trying to give clients visibility on measuring whether the price they are receiving is a good one, but the cost of execution is variable and hard to pinpoint – and it’s not just about price
ParFX adds Hungarian forint
EUR/HUF and five other currency pairs are now available on the electronic platform
Redefining trading
ParFX sees transparency and market conduct as key themes for 2016
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
ParFX adds offshore renminbi
The wholesale electronic platform boosts its currency offering with the addition of the offshore renminbi
ParFX to introduce decimalised pricing
And adds the Chinese renminbi - the first non-CLS unit - to its universe of currencies
Thomson Reuters applies for randomisation patent
Ideal latency floor batches orders competing in different races
Time is ripe to embrace innovation
ParFX expects transparency to be a key theme in 2015