Firm volumes overall recover nicely following August "glitch". Brokerage firm Knight Capital -- which famously nearly went under in early August after a trading glitch in its equities business caused a $400 million loss -- announced its volumes for September, and in most key categories things seem to have stabilized. In its Forex ECN unit…
Read moreHotspot FX would likely fetch $150-200 million. In comments made to reporters on the sidelines of a Security Traders Association conference on Friday, and reported by Reuters, Knight Capital CEO Tom Joyce said that the company is unlikely to shed any of its major business units -- which include Forex ECN Hotspot FX -- as Knight looks…
Read moreHard to believe that all the new FX ECN entrants will be successful.
Read more... after FX trading levels peaked last fall.
Read moreFXCM and Credit Suisse base FastMatch on CS's Crossfinder.
Read moreAll leading Forex ECNs have now reported a very slow April.
Read moreAndy Coyne will head ICAP's Traiana.
Read moreFrench interdealer broker Tradition launches a competitor to ICAP-EBS.
Read moreFirst-of-its-kind measure of retail FX volumes globally.
Read moreForex ECNs each report fairly steady March volumes.
Read more