30 to 35 percent of transactions on EBS, an electronic trading FX platform owned by ICAP Plc, are high-frequency driven A piece by Bloomberg today examines the shift of HFT strategies from the equities market into currencies. Fundamentals still drive the market over the short and long runs, though not quite in the minute to…
Read moreBloomberg sees record interest rate and CDS volumes, but FX still very slow Financial giant Bloomberg has released some numbers and given us a glimpse into how their SEF entity is faring. And while volumes in interest rate swaps and credit default swaps (CDSs) seem to be picking up nicely, FX is lagging well behind…
Read moreWill allow Integral to offer a regulatory-compliant FX trading platform, delivered as a service. Forex trading solutions and services provider Integral has announced that it has filed an application with the CFTC to launch a Swap Execution Facility (SEF) under the CFTC's recently announced SEF rules issued pursuant to the U.S. Dodd-Frank Act. Pending approval, Integral will…
Read moreDow Jones is re-doing the way it distributes news feeds. Tradable, the new online trading app platform, announced today a major win as Dow Jones will develop a news app based on its leading FX Select news service, exclusively for the tradable platform. Tradable's vision, of having traders access information and tools such as charting,…
Read moreBloomberg and Tradable launching financial apps stores. As the rest of the world goes mobile, and gets used to doing things online via specialized apps -- everything from checking the weather, to avoiding traffic and playing poker -- the financial trading world is finally catching up. We recently wrote about how, after several years of…
Read moreFirst foreign info provider to be allowed to deliver onshore CNY prices. As global interest in China's currency has grown, there has been increasing dialogue about the divergence of China's internal "onshore" Renminbi market (CNY), and the trading of the currency outside China in the "offshore" market (CNH). While the offshore CNH market has grown…
Read moreHas global fiscal stimulus killed the 'carry trade'? Interesting article posted on Bloomberg (with thanks to CMAP's commentary section for bringing it to our attention), positing that central banks' stimulus has effectively killed the 'carry trade' in FX, whereby lower yielding currencies are borrowed to invest in higher yielding ones -- which normally leading to…
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