Icap
The month that 2011 got interesting
March in perspective: an earthquake in Japan and soaring yen; Thomson Reuters Matching out for four hours; Icap moves to decimals on EBS; and what's the latest on Pure FX?
Icap mulls bank-only alternative to Pure FX
Discussions progress about new functionality on Icap's platform that could eliminate the threat of Pure FX
Pure FX: Market or mirage?
Pure FX has been the subject of plenty of speculation since it was first mooted last year, but there is still little clarity over whether the project will come to fruition. Some banks and trading platforms say there is no need for the venture
Thomson Reuters Matching hit by four-hour outage
Banks and competitors react to the lengthy blackout on the FX trading platform on March 9.
Icap decimalised pricing off to steady start
Interdealer broker Icap moved smoothly to decimalised pricing on major currency pairs on March 7, with almost half of all transactions in the first two days executed using decimals, according to the broker.
Thomson Reuters Matching hit by four-hour outage
Banks say liquidity was affected by the service outage but it was fortunate to occur at a quiet time for the market
Spot fixes tie-up will benefit the market, say Icap and Thomson Reuters
Interdealer broker Icap and Thomson Reuters are now delivering benchmark spot foreign exchange fixes for six major currency pairs, a development both companies say will improve pricing for FX market participants.
In Brief, March 7, 2011
Read this week's In Brief to stock up on the latest technology news around the FX world.
Deutsche Bank takes offshore renminbi electronic on Autobahn
Deutsche Bank claims to be the first major dealer to offer offshore renminbi on an electronic trading platform
FX platforms ponder implications of Sef rules
Market participants might need to wait until July before the full implications of swap execution facilities on FX trading platforms are fully known.
Spotlight on: David Rutter, Icap
Icap's head of electronic broking talks to FX Week about the evolution of the EBS spot platform, and plans for 2011.
Icap to upgrade EBS block-trading platform
Interdealer broker Icap will upgrade Continuous Match, its newly launched FX block-trading platform, in the second quarter, the broker has told FX Week.
Trading Places, January 31, 2011
Read this week's Trading Places to catch up on people moves across the FX world.
Icap to launch decimalised pricing on majors in February
Interdealer broker Icap will launch decimalised pricing on major currency pairs on EBS Spot on February 14, the broker told FX Week.
Spot volumes flat in December
Foreign exchange spot volumes for December were level compared to December 2009, but dropped significantly from November, due to the Christmas season slowdown.
Icap pilots bank-only block trading platform for manual users
Interdealer broker Icap is today (December 13) beginning the pilot of a bank-only block trading platform for manual users of the EBS workstation, officials at the broker tell FX Week.
The curious case of Pure FX
There’s been a lot in the press in the past week about a consortium of banks looking to launch a bank-only platform to rival EBS Spot, having become disgruntled by the influence lost to high-frequency traders.
Rouble expert returns to Icap
Icap reappoints former director as the new managing director of its rouble business in London.
Former Icap director resurfaces
Simon Williams, former FX sales director at Icap, has re-emerged at VTB Capital's fixed-income sales desk in London.
Icap completes first cross-region CNH trade on EBS
HONG KONG - Icap has announced it has executed the first cross-region Chinese yuan trade over electronic broking system EBS.
Tech takes lead over regulation in 2010
Technology has been the main focus for the market in 2010, according to a delegate poll at the FX Week Europe congress held in London last Tuesday (November 16).