Trading systems
FXall fills gap in Thomson Reuters’ forex portfolio, says Jas Singh
Speaking at FX Week USA conference, Thomson Reuters FX head says the acquisition of FXall has been on his personal agenda for four years, but has taken time to push through
Platform proliferation branded unsustainable as Tullett/Integral venture launches
The frenzied round of FX trading platform launches will undoubtedly lead to a round of consolidation, with less successful players squeezed out of the market, argue FX Week USA speakers
Thomson Reuters' FXall acquisition raises industry questions
Acquisition of FXall by Thomson Reuters for $625 million has sparked a number of questions, not least over the future of chief executive Phil Weisberg
FXall unconcerned by late entry into FX options
FXall’s chief executive Phil Weisberg recognises the firm has moved into options later than some of its competitors, but believes it will add value by having options integrated into its platform
FX trading platforms: Spoilt for choice
Four new FX electronic trading platforms have been unveiled in recent weeks, each boasting unrivalled speed, efficiency and transparency. Can the market support them all?
FXSpotStream will cut costs and inefficiencies, say banks
The liquidity providers behind FXSpotStream believe the new platform adds genuine value to the FX spot market by directly tackling the challenges that exist on traditional spot platforms
Spotlight on: James Watson, FXall
FXall’s newly appointed head of Europe, the Middle East and Africa talks to FX Week about his recent move from an equity sales role at Morgan Stanley into the FX market, and his aspirations for the platform’s European business
Cloud-based delivery model hits the spot for Portware
Trading technology vendor believes the cloud is the delivery mechanism of the future in the FX market, after it launched its Pro suite of cloud-based technology in January
New-look EBS will drive out disruptive players, vows Mandelzis
Speaking for the first time about his plans for EBS, chief executive Gil Mandelzis says the platform will remain open to all participants that enhance liquidity
TraFXpure open-access model aims to eliminate tech-based competition
Interdealer broker Tradition claims the new bank-backed spot platform will provide fair access for all, regardless of technology
Aussie banks join e-FX arms race
Ramping up single-dealer platforms and connectivity to multibank portals is a key priority for Australian banks, as they seek to ensure their forex business is not poached by global banks with superior technology
FXSpotStream’s no-fee business model raises eyebrows
The new multibank aggregation service supported by six top-tier banks will not charge brokerage fees either to banks or clients – a model that has led to questions over longevity
Overcrowded market for forex options platforms will lead to consolidation
With at least six new multibank options platforms now competing for market share, differentiation is crucial for participants, but some believe consolidation of platforms is also inevitable. Chiara Albanese reports
FX Invest North America: Technology delivery poses 'huge conundrum'
A difference of opinion between technology experts on the merits of cloud-based platforms emerges at FX Invest conference in Toronto
ADS Securities pitches to high-net-worth individuals
The Abu Dhabi-based trading firm last week launched ‘Prime’, a new service targeted at professional and high-net-worth forex and bullion traders
Abel Noser unveils new FX transaction cost analysis tool
New York-based technology vendor, Abel Noser Solutions, extends service to foreign exchange transaction cost analysis tool
Sprint to the finish line for would-be Sefs
With the clock ticking ever closer towards the G-20’s end-of-2012 deadline for implementation of over-the-counter derivatives market reforms, and some of the critical details of those reforms still not fully fleshed out, the scene is set for an almighty…
Transparency of public listing will boost FXall’s growth, says Weisberg
In his first series of interviews since its IPO last month, FXall chief Phil Weisberg says the public disclosure and neutrality that results from being publicly listed will improve its public standing and growth potential
Saxo turns in 6% income growth, despite tough Q4
Annual results for 2011 reveal a 4% fall in net profit, but Saxo claims that is due to a 12% increase in staff and admin costs to support expansion
BNP Paribas rolls out Cortex FX single-dealer electronic platform
The French bank today unveiled its long-awaited e-commerce platform, which replaces the white-label FX eTrader offering it launched in late 2009
Commerzbank revamps e-commerce platform to include FX structuring
The German bank will migrate existing clients this month from Click&Trade FX onto its rebranded Commander platform
Spotlight on: Bill Goodbody, Hotspot FX
The institutional trading platform's business manager talks to Melanie White about the recent expansion of its client base into the banking sector, and plans to grow in Europe and Asia
Commerzbank taps smartTrade for liquidity management
The new technology creates a single liquidity pool at Commerzbank, with internal matching engines, external routing and execution, as well as clearing, settlement and pricing functionality
360T secures new investment
Summit Partners is to take a majority stake in the Frankfurt-based trading platform provider