Ed Eger, CEO of Oanda, argues why smaller players can no longer be fall guys
Nigel Farmer of Software AG describes the main considerations
As e-trading in the region rises, attention switches to latency and cost
Regulators need specialist technology and methods to understand data dump
The introduction of a new market-maker status on multi-dealer FX platforms, with the holders of that status required to maintain orders on both sides of the market, would be a positive step in tackling the liquidity risk that arises from high-frequency...
Banks don't have long left to finalise and implement changes to their single-dealer FX platforms
Central bankers can no longer ignore the impact of high-frequency trading on the FX market
Lessons are still being learned from the financial crisis, and financial institutions today keep credit risk constantly in mind. Firms are trying to demonstrate best practices to their clients, but many are trading with out-of-date credit information,...
FX Week editor Saima Farooqi looks back over the past 12 months and asks how the foreign exchange will now evolve?
It might have been the timing of this year's FX Week USA congress, but an underlying theme that seemed to resonate was the need for the foreign exchange industry to lobby to prevent FX being swept up into the central counterparty clearing storm.
The foreign exchange business was a clear outlier in what has been a historic year for global financial markets. But no single entity experienced as significant a reversal of fortunes as a result of the market turbulence this year as settlement system...
Retail foreign exchange continues to be a beacon of light for wholesale FX banks, as they push ahead with plans to expand initiatives into next year.
Gil Bray, head of product and business development at technology vendor Misys in New York, says the base metal OTC community needs to move with the times and reap the benefits technology can offer
Just as the front office begins to show signs of support for CLS, there's now doubt over commitment from the utility's third-party service providers, with at least one rumoured to be scaling back.
The foreign exchange industry is set for a shake-out next year as re-pricing of risk forces change in the make-up of the industry.
Felix Shipkevich, general counsel at CMS Forex in New York, highlights the difficulties of applying similar regulations to retail foreign exchange and the exchange-based commodities and futures markets
The past week has highlighted what a questionable time it is for the industry
Pete Luxton, economic adviser, and Shant Movsesian, manager, foreign exchange options, at Informa Global Markets in London suggest a basket strategy to play euro weakness
Pat Lefler, director, product marketing, at Wall Street Systems in New York, looks at ways smaller banks could reduce their trade-processing costs and remain competitive
UBS practically swept the leader board in the currency category of FX Week sister publication Risk 's 2008 interdealer survey released last week.
Nick Dyne, head of business development at post-trade technology vendor Logicscope in London, evaluates the prospect of a 'virtual' back office