in the wake of public outcry and government examination, STA president Jim Toes exhorts the stock market to learn from the auto industry's recent woes and follow its example of how to recover after a crisis.
Banks are harnessing record-low currency volatility as they seize a bigger share of the $5.3 trillion-a-day foreign-exchange market, taking business from their electronic-platform competitors.
Traiana, a provider of pre-trade risk and post-trade processing solutions, announced that it has extended the scope of its CreditLink service to include a "kill switch" capability for single dealer platforms in foreign exchange (FX) trading. The switch is intended to stop algorithms from executing orders or halt erroneous trades.
Agency-only broker and technology provider ITG has launched an analytical tool that helps traders accurately price the cost of liquidity for two dozen currency pairs.
Continued adoption of electronic FX trading is increasing demand for performance measurement while providing the necessary execution data to calculate it.
Over the past year, the liquidity in emerging currencies grew in fits and starts quarter to quarter. Traders asked FX veterans for their outlook on the next 12 months.
As FX trading takes off inside buyside firms, OMS vendors are addressing the specialized needs of trading foreign exchange.
Wary of competing algorithms, some heads of foreign-exchange trading desks are rethinking their high-frequency trading practices.
New trading venues, HFT and market volatility are fueling the asset class to the head of the pack. Here's why, according to Aite Group's Sang Lee.
Big brokers began offering foreign-exchange trading algorithms five years ago, and now all the major players have an offering. Now a vendor is hoping to upend the status quo with a suite of algorithms it claims will offer better execution.