As dark pools move into the regulatory light, the real money is in aggregation, not in equity fragmentation.
This year saw allegations of a Ponzi scheme, new hedge funds and dark pools dedicated to the currency, and now the ultimate mark that the crypto-currency that started as the tender of drug traffickers and mercenaries has arrived - regulatory oversight.
HSBC Holdings Plcs head of currency trading in Europe, Stuart Scott, left the bank after it was fined $618 million to settle a probe into foreign-exchange rigging.
Currency traders are about to get another choice when it comes to trade cost analysis.
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.