Market data
2016 will be the year of the great liquidity unbundling
Regulation and the highly specialised nature of FX will lead to more partnerships, says Zar Amrolia, co-chief of XTX Markets
Dangerfield appointed interim CTO at FXecosystem
Matt Dangerfield brings 19 years of ultra-low latency experience to the connectivity provider
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
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
EBS BrokerTec draws fire for unbundling and hiking fees
Banks object to the decision by Icap’s EBS BrokerTec electronic FX and fixed-income platform to unbundle its EBS Live data feed and EBS Ticker Service data licence product from October 1, while introducing an inflation-related 3% rise for the latter
TraderMade launches price-verification tool
The independent price-checking tool is aimed at buy- and sell-side market participants
CSC to acquire Fixnetix
A final deal between the two firms is expected in Q3 2015
e-FX initiative of the year: NewChange FX
Independent mid-rate company triumphs in prestigious category
EBS Live moves to 50 millisecond updates
EBS Live set to update twice as fast as previously, while minimum quote lives will be halved
Brokers at loggerheads over Sef volume data
Following the FIA's launch of a Sef volume data service, brokers warn that problems still remain at the source of the published data
Buy side steps in as banks tire of delegated reporting
Buy-side firms are offering delegated reporting for clients as banks understood to be weighing up whether to continue offering the service
Industry should be ready for reporting deadline, warns Esma
Despite ongoing challenges relating to European trade reporting, the industry has had 13 months to prepare and should be ready for the February 12 deadline, says European regulator
Buy side could miss Emir reporting deadline
Banks are racing to meet a February 12 deadline for trade reporting under European rules, but buy-side firms might not be ready to meet their obligations in time
SuperDerivatives wins again in options pricing and risk management
Technology vendor launched a low-cost market data product at the start of this year that has seen greater success than it initially anticipated
Bloomberg continues to deliver in FX market data
Best market data provider for FX goes to Bloomberg, as the vendor continues to invest in its foreign exchange trading and information services
Esma repository approvals fire starting gun for EU trade reporting
Mandatory trade reporting for all asset classes will begin on February 12, but the FX industry is still grappling with the challenges of dual reporting
TriOptima unveils UTI pairing service for Emir reporting
Icap-owned technology provider seeks to tackle the dual reporting challenge for paper-confirmed trades and FX trades without a common ID
Lack of Esma clarity delays progress on FX trade reporting
Questions raised by Isda concerning trade reporting workflows have not yet been answered, delaying preparations for the start of mandatory trade reporting early next year
Best transaction cost analysis technology: ITG
Investment Technology Group (ITG) takes the inaugural award for best FX TCA provider, having successfully leveraged its experience in the delivery of TCA in equities
Year-end ‘congestion’ looms for European trade reporting
Buy-side must prepare to meet their FX reporting obligations in Europe, which will be more challenging than in the US, webinar participants warn
Market divided over standardised approach to algo TCA
The difficulty of comparing transaction cost analysis results across algo products has led to calls for a standardised approach to TCA, but not all agree it is needed
CFTC rules on mid-market disclosure put banks under pressure
With just six weeks to go until the deadline for banks to disclose the mid-market price on certain FX trades, banks face considerable technology hurdles to comply
Mifid transparency rules must be properly calibrated, warns ECB board member
Central banks will have to deal with liquidity shocks in financial markets, so must ensure post-trade transparency rules are well calibrated, says Peter Praet
DTCC powers ahead with FX trade repository
Dealers are on-track to meet a February 28 deadline to report FX trades to a repository, a DTCC official said earlier today