Liquidity
EBS to open NDF pool to non-bank players
Trading platform makes high-level decision to give prime brokerage clients access. Timing and details to come
NBLPs face credit challenges as banks protect their role in FX
NBLPs' narrow focus could prove the saving grace as banks' businesses span a wider range of products
Spot FX is a ‘bankrupt business’ if economics don’t change
The complexity and choice available to participants has increased at the same time as liquidity provision dynamics have shifted, upending previous business models, panellists say
Connectivity comes into focus as liquidity sags
Increasing participation from buy-side firms and deteriorating liquidity conditions boost cloud providers
JP Morgan won't use non-bank liquidity providers in internal FX pool for now
The need for control and transparency, and the size of the franchise means the bank has no wish to add external liquidity
TraderTools plans buy-side build-out
Firm puts buy-side clients in its crosshairs; discusses potential execution options and plans to tap hidden pools of liquidity
Mahi looks to be strategic risk manager for retail brokers
Appointment of Nick Mortimer comes as technology company prepares to push its Compass offering to the retail segment
FlexTrade opens Frankfurt office
Brexit and the firm's strategy of establishing a local presence motivates the decision
Growth of NBLPs thwarted by credit structure, platform heads say
Alternative LPs look to do more relationship-based trading rather than streaming prices anonymously
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Best Liquidity Aggregation System: TraderTools
The technology provider has carved out a niche for itself among Tier 2 banks
Best FX Liquidity Provider and Most Innovative Liquidity Source: XTX Markets
The London-based market-maker emerges as a serious contender for the biggest share of FX
e-FX Initiative of the Year: Integral
The firm's internalisation and warehousing system, the FX Yield Manager, wins top prize
Best e-FX Distribution Platform: smartTrade Technologies
The ability to replace three or four vendors with one system earns votes
Most Innovative Bank e-FX Trading Platform: Citi
The US bank remains committed to Velocity as the main distribution channel for its clients
Best e-FX Trading Venue and Best FX Hedging Platform: Hotspot
Hotspot's quest for transparency, expansion, investment and reliable liquidity scores two wins for Bats Global Markets
Best Bank Algorithmic Trading Technology Provider: BNP Paribas
Fourth-generation algos provide access to the data the strategy uses during execution for maximum control
Best e-FX Platform for Corporates: 360T
360T says it understands corporates have peculiar needs and it remains focused on delivering solutions to meet them
ITG launches enhanced smart order router
Broker and technology vendor upgrades its routing capabilities
FXSpotStream scores record volumes
For the second time this year, the venue reaches that milestone – and surpasses the first
DMA Link set to enter testing phase
New independent liquidity pool set to launch within a month
FX platforms boosted by Brexit, but only a few highs
GTX, Fastmatch and Saxo see record activity on June 24 as industry averages
Peso set to underperform for rest of 2016, executives say
A survey organised by Bloomberg finds FX participants downbeat about Mexico's currency
Brexit will give non-banks a spot-market boost
Adding to dealer banks' decreasing risk appetite could spell trouble