In this contributed article, guest commentator Patrick Flannery discusses how for the broker-dealers, the Consolidated Audit Trail (CAT) may seem to be another weighty technical challenge, whose cost and implementation challenges will fall disproportionately on their shoulders (and their budgets).
TMX Insights announced TMX Analytics Product Suite has a full offering of tools and applications for the global foreign exchange market. The addition of FX capabilities is an important new offering as we continue to look for ways to increase the depth of value we bring to our clients, said Eric Sinclair, President, TMX Market Insights.
Regulatory reform has led to significant changes in FX market dynamics, including the move to exchange-style trading and centralized clearing. Yet many aspects of market regulation remain unresolved, such as what to do with non-deliverable forwards.
The expanded financial cloud services will focus on forex markets in London, New York and Tokyo
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.