Trading systems
GTX to launch full-amount trading on its ECN
Gain Capital’s trading venue offers full-amount execution as it seeks to reduce market impact
Euronext completes FastMatch acquisition
Exchange operator receives regulatory and anti-trust approval to continue muscling its way into FX
EBS Direct is moving to automatic full-amount for some orders
Manual orders of five million base currency or more will be automatically executed as full-amount tickets from September 5
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
Currenex and EBS mull venue-hosted last look
Platforms consider becoming third-party operators of last look to separate the function from liquidity providers
Thomson Reuters completes Mifid II desktop enhancements
The firm starts onboarding clients to its improved multilateral trading facility
ParFX is not for sale
Four years after the launch of the randomised platform, it still has room to grow, says CEO
Deutsche Bank research says more is not always merrier
Increasing the number of LPs in an aggregated environment can harm execution quality
Randomisation raised level of conversation, say Weisberg and Mandelzis
Former chiefs of EBS BrokerTec and Thomson Reuters FX praise contribution of Campbell Adams and former rival ParFX
Sucden Financial selects smartTrade’s FX platform
The institutional broker chooses LiquidityFX to support its expansion drive
FastMatch to hike rates from July
Following its $153m acquisition by Euronext, the platform has a clear path to expand into Europe and Asia
Silverman to lead first ECN launch in three years
The new spot FX venue, Fenics FX, comes from BGC Partners, with Hotspot co-founder Howard Silverman at the helm
Broadway Technology aims to expand FX footprint
Moves comes after a recent $42m investment armed the firm with the capital to expand into FX and fixed income
Euronext buys FastMatch
European stock exchange enters FX space with purchase of ECN for initial $153 million
LMAX Exchange reports record profits for 2016
FX platform posts EBITDA of £5.6 million, representing annual rise of £4.2 million
Broadway Technology secures $42m for expansion
Long Ridge Equity Partners says Broadway well positioned to take advantage of rapidly evolving capital markets landscape
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
Thomson Reuters Matching celebrates 25-year birthday
The first electronic broking platform was born on April 29, 1992
MarkitServ sees tenfold hike in NDF clearing volumes
The firm is in a test environment with FX options and believes they are a candidate for Q4
360T launches ECN and announces new record volumes
Platform confirms launch of 360T ECN in April; hits all-time high on April 18 and sets record ADV
MahiFX gains FCA authorisation
Watchdog allows MahiFX to offer products and services in the UK
OTC Exchange Network joins blockchain trade association
OTCXN says it is essential to gain the support of regulators and lawmakers if blockchain is to be widely adopted
Pragma announces LD6 expansion
The move enables the algo technology provider to improve services to its expanding client base
TradingScreen opens Frankfurt office ahead of Brexit
The firm aims to increase its European business and cater for existing clients by transferring operations to the continent