Financial technology expert Christian Zahm has joined Bloomberg's sales division from RTS Realtime Systems where he was Sales Director for the EMEA region.
Read moreFXStreet News is ranked top worldwide among Twitter users of currency-market analysis, according to data compiled by Bloomberg based on followers, retweets and frequency of posts being tagged as a ‘favorite’.” This is part of an article published this week in Bloomberg News regarding FXStreet and its influence in foreign-exchange markets. FXStreet has been mentioned as…
Read moreIn a piece by Bloomberg today they talk about large financial institutions removing the market making function within their business, most recent is B of A. We have seen this trend within the last few years in the retail Forex space as the conflict of interest is too much to overcome sometimes creating a barrier…
Read moreDigital-currency enthusiasts on Wall Street and pro-bitcoin venture capitalists argue newly regulated and professional exchanges are needed to generate the kind of trading volumes that would smooth out bitcoin's price, whose volatility is seen as an impediment to its widespread adoption News coming from Bloomberg, stating the company plans to list bitcoin prices on its…
Read more30 to 35 percent of transactions on EBS, an electronic trading FX platform owned by ICAP Plc, are high-frequency driven A piece by Bloomberg today examines the shift of HFT strategies from the equities market into currencies. Fundamentals still drive the market over the short and long runs, though not quite in the minute to…
Read moreBloomberg sees record interest rate and CDS volumes, but FX still very slow Financial giant Bloomberg has released some numbers and given us a glimpse into how their SEF entity is faring. And while volumes in interest rate swaps and credit default swaps (CDSs) seem to be picking up nicely, FX is lagging well behind…
Read moreWill allow Integral to offer a regulatory-compliant FX trading platform, delivered as a service. Forex trading solutions and services provider Integral has announced that it has filed an application with the CFTC to launch a Swap Execution Facility (SEF) under the CFTC's recently announced SEF rules issued pursuant to the U.S. Dodd-Frank Act. Pending approval, Integral will…
Read moreDow Jones is re-doing the way it distributes news feeds. Tradable, the new online trading app platform, announced today a major win as Dow Jones will develop a news app based on its leading FX Select news service, exclusively for the tradable platform. Tradable's vision, of having traders access information and tools such as charting,…
Read moreBloomberg and Tradable launching financial apps stores. As the rest of the world goes mobile, and gets used to doing things online via specialized apps -- everything from checking the weather, to avoiding traffic and playing poker -- the financial trading world is finally catching up. We recently wrote about how, after several years of…
Read moreFirst foreign info provider to be allowed to deliver onshore CNY prices. As global interest in China's currency has grown, there has been increasing dialogue about the divergence of China's internal "onshore" Renminbi market (CNY), and the trading of the currency outside China in the "offshore" market (CNH). While the offshore CNH market has grown…
Read more