Institutional electronic FX platform FastMatch had a calm March, with trading activity obviously affected by seasonal factors like Easter holidays. Average daily volumes amounted to $10.11 billion in March 2016, down 9% from the result of $11.1 billion registered in February 2016. In annual terms, the comparison was much better, as the reading for March…
Read moreInstitutional electronic FX platform FastMatch has had a relatively robust February, with trading volumes registering a small drop in monthly terms and an almost twofold rise in annual terms. Average daily volumes amounted to $11.1 billion in February 2016, down 5.9% from the result of $11.9 billion reported for January 2016. In annual terms, the…
Read moreThe Foreign Exchange Professionals Association (FXPA), a Forex trade body that started its operations in September 2014, has named a new Chair and Vice Chair and has announced new additions to its Board of Directors. The FXPA announces the election of Chip Lowry, Senior Managing Director of State Street Global Markets, as Chair, and Jill…
Read moreInstitutional electronic FX platform FastMatch, jointly owned by retail forex broker FXCM Inc (NYSE:FXCM) and commercial banks Credit Suisse and BNY Mellon, saw trading volumes on its electronic currency platform leap by 25% during January 2016 to hit $11.8 billion ADV during the month. January 2016 marked an important milestone for FastMatch. It was the first month…
Read moreToday FastMatch, the New York headquartered Electronic Communication Network (ECN) platform for Forex trading has notified its clients about their new fee reductions. Effective March 1st, 2016, FastMatch is introducing significant fee reductions to further grab market share. Here are some highlights of the new fee schedule: - $1.50 per million notional for clients trading more than…
Read moreFastMatch, a leading financial technology company focusing on foreign exchange trading, today announced the appointment of Andrew Gibson as Director of Sales – Europe. Mr Gibson, whose appointment becomes effective today, December 14th, will report directly to Paul Ainsworth, Global Head of Sales of FastMatch. He will be based in London. Mr Gibson, who joins…
Read moreCitadel Securities joins as first liquidity provider.
Read moreFastMatch is further reducing costs for its customers with the launch of fully disclosed FX trading for only $1 per million USD notional per side.
Read moreFastMatch adds "Data Dissemination Practices" to its Operating Procedures, as the Forex electronic communication network enhances transparency.
Read moreColloquially known in the FX industy as "Elvis", senior FX figure Mark O'Neill has joined Fastmatch as Director of Sales for Europe
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