Tag: high frequency trading

December 09, 2014 BY Mike Fox

7Hedge and Fixnetix sign connectivity agreement

"Fixnetix is happy to support 7Hedge in continually driving innovation in the FX marketplace. Our robust, low latency global network provides the perfect highway to connect market participants further," said Hugh Hughes, Chairman and CEO of Fixnetix.

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April 17, 2014 BY Gerald Segal

Bloomberg: Big banks fighting back against FX high frequency traders

Bloomberg claims that alternative Forex ECN ParFX was approached by banks asking if its technology could be applied to other asset classes. Interesting article today on Bloomberg we'd like to make our readers aware of, on the trouble big players in the currency markets have been having with high frequency trading -- which make up 30-35%…

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April 02, 2014 BY Gerald Segal

High frequency trading gaining more popularity in FX than stocks?

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…

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May 06, 2013 BY Gerald Segal

ICAP EBS reports FX volumes up 7% in April

A nice month for EBS, after a slowdown in March. ICAP's Forex ECN unit EBS reported April FX trading volumes at $128.3 billion (average daily volume for the month), up 7% from March and up 17% from last year April. After two strong months to start the year, things slowed down at EBS in March,…

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April 29, 2013 BY Gerald Segal

EBS takes dead aim at ParFX, eliminates first-in first-out orders

EBS's move is meant to remove advantages enjoyed by high-speed, high-frequency traders. The Forex ECN wars are officially on! Just a few days after we reported the launch of Tradition's new Forex ECN called ParFX, comes word that ICAP's EBS is making a major change to the way it handles incoming orders. The change --…

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