With the debate about 'a 'trade at' proposal in the Small Tick Pilot program raging on, one executive talks about what should be in the actual pilot and what its goal should be - widening spreads or better relating tick sizes to prevailing spreads.
Does the future of dark pools lie in the hands of the buyside and not the brokers?
Wall Street banks struggling with recently defanged currency-trading desks have found a surprising ally: high-frequency traders.
Switzerlands financial markets regulator is looking into how Thursdays record surge by the Swiss franc impacted institutions as authorities worldwide assess how firms handled the fallout of the currency swings.
Leucadia National Corp. gave FXCM Inc. a $300 million cash infusion, extending a lifeline to the currency brokerage hobbled by the Swiss central banks decision to let the franc trade freely against the euro.
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.