Trading
FastMatch ECN gets new name: Euronext FX
The rebranding of the ECN aims to tap into Euronext‘s reputation to attract larger clients
Rise of workflow as the buy side's low-key hero
The goal is to build a “single source of truth” to cut costs, make better trading decisions and react quickly to new regulation
Deutsche Börse in talks to buy Refinitiv FX units
Negotiations confirmed, but not whether FXall is on the sale block
ParFX takes first step for moving into NDFs
Trading platform has snapped up an MIC code as it explores building a platform for the growing FX segment
Hong Kong moves carefully on swaps trading reform
Regulator SFC fears disruption to Hong Kong's position if it forces trades on venue, Isda AGM hears
Northern Trust promotes Arteta to head of Americas sales
Based in Chicago, Arteta brings a wealth of FX and fixed income experience to the role
How the MAS is using AI to spot rogue trading behaviour
Trained using machine learning, the Apollo tool scours trading data for suspicious patterns
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
CMC posts profit warning; Foley resigns
New Esma margin rules have “resulted in retail clients trading less”, online trading firm says
Singapore’s banks eye internal models for FX desks
New market risk regime dangles capital savings for own-models approach
FastMatch sets up matching engine in Singapore
The ECN looks to diversify its product and client base by plugging into the city-state’s FX infrastructure effort
The EM units to watch as US and China make peace – Swissquote
Currencies such as the Thai baht, which trades heavily with China, should benefit from easing tensions
FCA slaps permanent ban on binary options
Post-Brexit, the regulator’s ban on the sale, marketing and distribution of binary options to retail investors in the UK will replace Esma’s rules
SGX snaps up 20% stake in BidFX
Exchange invests $25m in TradingScreen spinoff, expects to boost liquidity by adding OTC to FX futures
EU lawmakers fail to deliver on single-sided reporting
But there is still hope for EU swaps users in future Emir reviews
LMAX reports 21% increase in trading volumes
Activity in New York and Asia reportedly boost activity across group’s exchanges
ECN volumes slide in becalmed FX markets
Subdued volatility appears to be weighing on trading activity
HKMA interventions may help open new USD/HKD carry trades
Repeated defences of peg should keep HK dollar weak; it could be used to buy assets in currencies other than US dollar
Where prosecutors stumbled in Bogucki and Cartel cases
Courtroom losses suggest failure to read the FX industry correctly before jumping into action
Refinitiv takes deal-tracking service into cloud
Cloud-based FX post-trade product provides data archiving, aimed at easing compliance and cost burdens
How Brexit is set to muddy Mifid transparency data
Market participants say duplicate reports in UK and EU will result in misleading public data
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
CME Group gets Dutch approval for Amsterdam entity
Some businesses will transition to CME Amsterdam BV to keep serving EU27 clients
Citi sets up pricing engine in Singapore
Move by US bank consolidates city-state’s position