ECN liquidity at ParFX is deepening further with the total of founder banks rising to 14 Global interdealer brokerage Tradition’s spot FX trading platform ParFX has gotten on board another two top tier banks as founders to further deepen forex liquidity within its offering. Citi and JP Morgan are the latest additions to the newest…
Read moreChinese Yuan funds can be moved freely between onshore and offshore entities Another change to the Chinese Yuan forex market is on the way, as Reuters reports that Citi has set up a cross-border facility that enables Shanghai Free Trade Zone based multinationals to move funds freely between their onshore and offshore entities. Up until…
Read moreWill trading apps replace traditional trading platforms? Denmark-based trading apps provider tradable announced that its trading apps platform -- which now is in working beta testing with six FSA-regulated, UK-based brokerages -- now links to Citi's CitiFX TradeStream. It is unlikely that platform providers such as MetaQuotes are shaking in their boots, worrying that traders…
Read moreAndy Coyne will head ICAP's Traiana.
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