Katy Burne of the Wall Street Journal broke news today that Ryan Sheftel, the global head of fixed-income electronic trading at Credit Suisse Group AG , left the firm earlier this month to take up a new post at Global Trading Systems LLC, said people familiar with the matter. Global Trading Systems is a large computer-driven…
Read moreVersion 11.3 provides enhanced execution management workflow and new trade performance capabilities.
Read moreICAP plc (LON:IAP), a leading markets operator and provider of post trade risk mitigation and information services, announces today that its i-Swap platform, the electronic arm of the ICAP SEF, set a monthly AUD interest rate swaps volume record in October of 107 trades worth a notional value of AUD $6.1 billion. Brad Howell, CEO…
Read moreCantor Fitzgerald Canada Corporation, part of the leading global financial services firm, Cantor Fitzgerald, L.P., today announced the expansion of its team with the appointment of Peter Gombocz as Managing Director and Head of Electronic and Program Sales and Trading. Mr. Gombocz will report to Laurence Rose, President and Chief Executive Officer of Cantor Fitzgerald…
Read moreReuters has an excellent op-ed piece today outlining the shrinking commissions for FX dealers across the industry spectrum, it has always been about volume, but now more than ever. Dominic Elliot lays out the harsh economics of the FX business. He compared lower commissions of FX to the equity business which also coincided with the…
Read moreBolstering the dramatic u-turn which has been made across the entire electronic trading industry, CME Group sets a record daily trading volume figure substantially higher than the previous record
Read moreICAP Patent Brokerage, the world's largest intellectual property brokerage and patent auction firm, announced yesterday for sale patents disclosing computerized methods and systems for trading articles including stocks, foreign exchange, futures, cereals, and ores based on certain conditions predetermined by the user. This IP package is available from inventor Min-Ho Cha, as part of the Financial Auction…
Read moreBuyside firms meeting other buyside firms on the other side of spot FX trades within bank-to-bank trading venues dramatically increases since 2008...
Read moreIn the advent of quarterly earnings announcements from major US firms, IG Group is allowing traders access to stocks when announcements are made after the close of the US market
Read moreThomson Reuters reported FX volumes today for September, with spot FX ADV volumes coming in at $144 billion, up from August's $107 billion, for a 34.6% jump MoM. September 2013’s spot FX ADV stood at $119 billion - a 21% rise YoY. Other volumes which includes the Thomson Reuters SEF platform and forwards, swaps, options and…
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