Electronic communications network (ECN)

The platforms of 2012: Gain GTX

Two-and-a-half years after its launch as a subsidiary of Gain Capital, the GTX platform is gathering steam and now trades average daily volumes of up to $8 billion. In the latest in a series of articles assessing the challenges facing new and existing…

The platforms of 2012: Hotspot FX

Knight Capital, the parent company of Hotspot FX, has endured a torrid month following a software glitch on August 1 that cost it $440 million, but Hotspot appears to have weathered the storm. In the second of a series of articles assessing the…

Best FX prime broker: JP Morgan

JP Morgan wins FX Week’s first e-FX award for best foreign exchange prime broker, having set an emphasis on prudent risk management – both in its approach to high-frequency trading and to over-the-counter clearing

All in accord on high-frequency risks

In late June four prime brokers and six ECNs allied together in a major new initiative to better monitor and manage the risks posed by high-frequency trading in the FX market. What motivated the collaborative effort? Farah Khalique reports

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