Liquidity
EBS BrokerTec restructures; four management appointments
With a focus on seven core areas, the firm recruits Tim Cartledge as global head of FX and head of product
Counterparty diversification held back by banks, panellist says
PGGM investment manager says pleas to add NBLPs to the counterparty mix are ignored by banks and platforms
CME to go live with triangulation and monthly FX futures
Triangulation will link futures, and both volatility- and premium-quoted options markets on February 27
Effex used last look tactics to cheat FXCM clients, NFA states
NFA names Effex Capital as FXCM's preferential market-maker, which used 'hold timer' and 'previous quote' practices
XTX sounds death knell for last look
The NBLP launches new analytical tool, which Jeremy Smart says will make last look obsolete
Non-banks to get dark pool for inventory exchange
Competition could heat up for banks, but may cue tighter prices
Analytics, best execution and clearing to drive trends in 2017
Evaluation of liquidity is moving away from bank vs non-bank as clients gain more tools to assess execution behaviour
Better analytics will help NBLP differentiation and model validation
Clients will be looking to validate the capabilities of counterparties including banks – as well as their limitations
Risk-sharing efficiency of FX may be tested, BIS says
Study of FX markets highlights risk concentration amid a handful of top banks and the growth of electronic relationship trading
Integral adds Linedata's OMS to InvestorFX platform
The integration is expected to give Linedata's asset manager clients access to better netting and execution
Erste joins TraderTools' liquidity network
The bank will make prices in Eastern European currencies
Platforms and LPs welcome surge of activity
The outcome of the US presidential race is an early Christmas present for platforms printing new records
Trump victory boosts volumes and uncertainty
FastMatch experiences a small technical glitch overnight, but industry handles six- to seven-times normal volumes with ease
Citadel Securities provides liquidity for Invast Global
Invast Global's PurePrime facility offers bespoke, optimised FX and CFD liquidity, with multiple trading GUIs
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Renminbi in SDR basket will end dollar overreliance – PBoC's Jin
IMF move will trigger a reallocation of assets onshore and offshore, says PBoC representative at the HSBC China Forum
Pound crashes 8% during early morning trading
Sterling plunged from $1.26 to $1.14 within two minutes, just after 7pm in New York
ADS Securities to pull back from London, Watson resigns
ADS Securities London will become regional base, redundancies on the cards
Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers
GTX to launch London and Tokyo matching engines
London engine goes live on October 15, with TY3 to follow within 90 days. GTX partners Nightberg for research
LMAX pushes into North America with new matching engine
New liquidity pool based in NY4 is aimed at funds, asset managers, brokers and banks
SmartTrade launches big data analytics solution
The new solution, called smartAnalytics, will allow clients to generate graphical reports on pre-trade, execution and post-trade performance via a TCA tool
Spotlight on Solid FX: the rise of streaming in size
Dutch firm sees 45% growth in demand for its NBLP arm, gaining benefits from its ability to price-in up to $30m clips
BIS figures reflect tectonic shifts in market structure
Decline of headline figures in the survey pose questions over how much the market has changed in three years