Algorithmic trading
Test algos or go to jail
Under Mifid II, participants need to certify their algorithms will not cause market disorder or face the consequences
FCA expands accountability to HFT traders
New rules published by the UK watchdog aim to strengthen individual accountability in the financial industry
FXCM study underlines segregated pricing advantages
Retail clients gain better or equal prices than on interbank and futures platforms more than 90% of the time
XTX Markets retains Chris Knight to lead Apac push
Knight's firm, Market Partners, will start working with XTX in late January
2016: the year Europe moves towards a regulated market
MiFid II, last look and the first Fed rate hike in nearly a decade will be key influences
More contraction in PB and market-making ahead
Banks' retrenchment from market-making and credit provision will be key themes
Transparency and control will be key goals in 2016
OMS provider Barracuda FX's chief executive says more needs to be done to prepare for the new regulatory landscape
Dangerfield appointed interim CTO at FXecosystem
Matt Dangerfield brings 19 years of ultra-low latency experience to the connectivity provider
FXecosystem shaves 2 milliseconds off London-New York round-trip
The connectivity provider for the FX industry reduces latency further between the two cities
Grand redesign
Non-bank market-makers are increasingly being viewed as serious players as they set about building customer franchises amid a wide-scale bank pull-back
Spreads need to widen to boost liquidity
Panellists at the 14th annual FX Week Europe conference warn of increasingly illiquid markets
Best Banks Awards: Citi wins nine awards, including top prize
Citi voted Best Bank Overall and gains eight other accolades
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks
Panellists call for more standardisation in FX
FX Week USA conference delegates hear suggestions for market structure challenges
Best algorithmic trading technology provider: Morgan Stanley
US bank's QSI unit triumphs in heavily contested space with focus on analytics
GSA split amicable, Gerko says
GSA's head of FX trading says his spin-off from the hedge fund was planned for months, with the support of GSA
Electronification of Asian FX only just beginning
Jay Hibbin, VP of capital markets services at Colt, says Asia offers opportunities for latency sensitive traders
Price Markets launches Solid FX ECN platform
Both via GUI and API
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
Perspectives on 2014: Simon Wilson-Taylor, Molten Markets
Algorithmic execution might have seemed implausible in the FX market a few years ago, but this will be the year when the market structure shifts further in a direction that favours algos, says Molten Markets chief executive Simon Wilson-Taylor
Pragma to roll out FX algos in Q4
Trading technology vendor is preparing to diversify into foreign exchange with an algo execution product that it believes will add value over bank offerings