New York Times: Deutsche Bank to face British lawsuit on Forex high-frequency trading price manipulation LeapRate

January 19, 2016 BY Mike Fox

New York Times: Deutsche Bank to face British lawsuit on Forex high-frequency trading price manipulation

A report from Jack Ewing of the New York Times states that "already troubled by recent lawsuits and official investigations, Deutsche Bank (NYSE:DB) is facing another challenge - it's about to be sued in British court for using high-speed trading software." That lawsuit asserts the lender used the trading platform known as Autobahn to take advantage…

February 23, 2015 BY Mike Fox

South Korea's interbank FX trading volume falls to four year low in 2014

Daily average volatility of the won/dollar exchange rate slightly declined from 0.34% in 2013 to 0.33% in 2014.

December 15, 2014 BY Mike Fox

Malaysian Ringgit, Philippines Peso added to Thomson Reuters Matching platform

Thomson Reuters, today announced the launch of real-time electronic trading of spot and forward Malaysian Ringgit (MYR) and the Philippines Peso (PHP) on its Matching platform. The addition of the new currencies to Matching, means, onshore banks will now have access to an electronic central limit order book, providing them with more reference on pricing…

August 28, 2014 BY Mike Fox

FT: Bank FX trading revenues fall by a third

Banks earnings from Forex trading fell at their fastest rate since the global financial crisis in the first half of 2014, hit even harder than other trading areas by low volatility and volumes.

Tag: Bank trading