The competitors in the Forex ECN business will jointly provide FX rate fixings in major currencies.
Phil Weisberg to head Thomson Reuters FX; Jas Singh leaving.
Clear pattern emerging of slow institutional, but decent retail volumes in October.
... but still remain well below last year's levels.
After record June, FXall volumes fall by 8% in July and 7% in August.
First indication that a super-slow August followed a very-slow July in FX.
Competition, including adding features, is heating up among Forex ECNs.