FX Markets - 11 Jul 2016
Articles in this issue
SGX readies full-year results for July
Brexit sent up FX futures volumes
DMA Link set to enter testing phase
New independent liquidity pool set to launch within a month
FXSpotStream scores record volumes
For the second time this year, the venue reaches that milestone – and surpasses the first
FXSpotStream scoops Cleland from Barclays
Campbell Cleland will head Apac sales in Japan
Best Post-Trade Services Provider: CLS TriOptima
While not even a year old, the partnered service has saved dealers more than $112 billion in notional exposure
Best Liquidity Aggregation System: TraderTools
The technology provider has carved out a niche for itself among Tier 2 banks
Financial market infrastructures get cyber guidance
CPMI and Iosco say FMIs can be a major channel through which certain financial shocks can spread across domestic and international financial markets
State Street's Sagurton heads to R3
Sagurton will work in business development and aid in R3's lab and research center sales and member expansion in the Americas
Best Trading Technology Vendor: FlexTrade Systems
Control of execution processes across asset classes, coupled with cross-asset TCA, wins over the judges
Highly Commended for Best e-FX Software Provider: Broadway Technology
Trading heads say the level of flexibility and modest cost of the firm's products keeps them competitive
ITG launches enhanced smart order router
Broker and technology vendor upgrades its routing capabilities
Best e-FX Platform for Corporates: 360T
360T says it understands corporates have peculiar needs and it remains focused on delivering solutions to meet them
Best Bank Algorithmic Trading Technology Provider: BNP Paribas
Fourth-generation algos provide access to the data the strategy uses during execution for maximum control
Best e-Surveillance Solution Provider: b-next
The benchmark scandal fallout and MAR powers demand for surveillance and monitoring, despite the cost
Best Independent Algorithmic Trading Technology Provider: Tradepoint Systems
The transparency provided by the FX algo built by FX people wins over the sell side and regulators
FXCH clears first institutional FX spot trade on blockchain
FX Clearing House from Ireland-based Baxter FX sets its sights on becoming the go-to CCP for all spot FX participants
Best e-FX Trading Venue and Best FX Hedging Platform: Hotspot
Hotspot's quest for transparency, expansion, investment and reliable liquidity scores two wins for Bats Global Markets
Most Innovative Bank e-FX Trading Platform: Citi
The US bank remains committed to Velocity as the main distribution channel for its clients
Best e-FX Software Provider: Fenics
Flexibility and a focus on Asia allows rapid expansion of client footprint
Best e-FX Distribution Platform: smartTrade Technologies
The ability to replace three or four vendors with one system earns votes
Best Transaction Cost Analysis Provider: New Change FX
Independence and data security score a win for the firm as it rolls out TCA app
ABN Amro tops forecast with long-term call
All major central banks will maintain an accommodative stance for the foreseeable future
Best Prime-of-Prime Provider: ADS Securities
The broker's pure PoP model, allowing multiple liquidity providers, wins
Wells heads to Digital Asset
Ex-LCH global head of forex joins Blythe Masters' distributed ledger venture
Bank e-FX Initiative of the Year: DBS Bank
"The idea is that any customer from Europe or the US can use DBS as a one-stop convenience bank for Asia" – Peter Soh
Citadel Securities scoops Microsoft's Turner
The market making business of Citadel has appointed Microsoft COO as its new chief executive
e-FX Initiative of the Year: Integral
The firm's internalisation and warehousing system, the FX Yield Manager, wins top prize
Hunter Burton Capital launches new FX fund
The income fund will focus on short-term market volatility
Best FX Liquidity Provider and Most Innovative Liquidity Source: XTX Markets
The London-based market-maker emerges as a serious contender for the biggest share of FX
EBS BrokerTec and Icap launch CNH benchmark
Market participants can directly compare onshore and offshore renminbi activity during the Asia-Pacific/Emea crossover
Best Retail FX Platform: Oanda
The broker's clean record and investment in technology earns it the top spot
IG Group appoints new CFO
Paul Mainwaring will join the online trading company on July 11, after a career of nearly 10 years at Tullett Prebon
e-FX Achievement of the Year: Jon Vollemaere
From Reuters D22 to R5FX via Currenex, Vollemaere gains recognition for a career in e-commerce
Highly Commended for e-FX Initiative of the Year: R5FX
The electronic venue for emerging markets earns praise for its wide impact
Winners of the 13th FX Week e-FX Awards announced
Recognising innovation and excellence in foreign exchange
Price of credit to rise while clearing still years away
The cost of credit in FX may be rising, but it's still cheaper than clearing, webinar participants say