September 17, 2014 BY Mike Fox

FXBeat closes its doors...

FXBeat closes its doors (*here is the note left on it's website). Thank you, After one year of growing our product and community, we're sad to announce that we are closing our doors next October, 15th. We can't express enough how grateful we are that you believed in us and found value in the product we…

Read more
September 16, 2014 BY Mike Fox

Phil Weisberg: Evolution of a Market Structure

Phil Weisberg, Global Head of FX Thomson Reuters opines on the Forex industry from increased regulation and public scrutiny to a fall in volume, also saying the market is caught in headwinds that will drive major structural changes...

Read more
September 16, 2014 BY Mike Fox

Calypso Collateral Management Solution successfully implemented at LCH.Clearnet

Calypso Technology, Inc., a leading provider of crossasset front-to-back technology solutions for financial markets, announced today LCH.Clearnet Ltd and LLC have completed the project to introduce the Calypso Collateral Management solution to their Collateral and Liquidity Management (CaLM) offering. With this development, LCH.Clearnet is able to deliver further processing efficiencies with automated, real-time Collateral Management…

Read more
September 16, 2014 BY Mike Fox

Thomson Reuters reporting spot FX volumes up 8% in August

Thomson Reuters reported their FX volumes today, with spot FX ADV volumes coming in at $107 bln, up from July's $99 bln, for an 8% jump MoM. August 2013's spot FX ADV stood at $111 bln, a 3.6% decrease YoY. Other volumes which includes the Thomson Reuters SEF platform and forwards, swaps, options and non-deliverable…

Read more
September 16, 2014 BY Mike Fox

TraderTools appoints Robert Varga Director of Sales in Europe

TraderTools Inc. (TraderTools), technology company committed to delivering the world’s most advanced FX trading platform for banks and brokerages, announced today that it has appointed Robert Varga Director of Sales in Europe. He will be based out of the company's London office reporting to TraderTools EVP Sales, Mark Mayerfeld. Before joining TraderTools, Robert Varga was…

Read more
September 16, 2014 BY Mike Fox

Swissquote Daily Technical Report: GBP/USD - The short-term bounce is fading

In Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GBP/USD and AUD/USD. To view and download the entire report, click here (PDF). GBP/USD: The short-term bounce is fading • GBP/USD is losing its short-term bullish momentum. A…

Read more