Forex ECN FastMatch has announced that it has opened a sales office in Greenwich, CT. The company stated that high-quality level of service is one of the differentiating features contributing to FastMatch’s growth and success. In order to maintain this level of service, it is important for FastMatch to be located near its major customers.…
Read moreOne of the big winners from the post-Brexit panic of trading were institutional Forex ECN platforms, which saw a huge ramp-up in trading volumes on Friday in the aftermath of the VoteLeave victory in the UK Brexit referendum. Thankfully these ECNs - whose income is directly linked to volumes - seemed to operate in a…
Read moreThe new Spotex foreign exchange ECN has been operating since June 2014.
Read moreVolumes have remained flat when compared to October coming out at $ 29.6 billion per day Volumes at KCG Hotspot remained flat month on month with a negligible decline to $29.6 billion from the month of October. Consistent readings throughout the quarter are maintaining a recovery theme when compared to the quiet summer months. The…
Read moreVolumes at ICAP's EBS unit were up 3% from October, but at below $80B ADV times are slow at EBS. ICAP's EBS Forex ECN unit did not see a month below $120 billion trading (average daily volume) throughout the first six months of 2013. Since July, that figure has not been above $89 billion. November's…
Read moreMetals volumes were strong, but FX volumes disappointed in April. CME Group, which runs the world's largest derivatives marketplace, announced April FX volumes which were surprisingly down by 16% from March. FX contract volumes (mainly Eurodollar futures contracts) traded at CME came in at 898,000 in April, down 16%% from March's 1,072,000 (see chart below). Metals…
Read moreIncreased volatility brought traders back in November, but just marginally. LeapRate's Retail FX Volume Index, sponsored by Leverate, was fairly flat in November, with global retail FX trading activity up 1% to $179 billion per day. However this marks the fifth consecutive month where volumes remained well below last year's levels, with the year-over-year declines in…
Read moreRetail FX volumes flat, but institutional volumes very slow globally in October. LeapRate's Retail FX Volume Index, sponsored by Leverate, was fairly flat in October, with global retail FX trading activity down 1% to $177 billion per day. However this marks the fourth consecutive month where volumes remained well below last year's levels, with the year-over-year declines…
Read more... after FX trading levels peaked last fall.
Read moreContinues trend of increasing FX volumes seen at ICAP and FXCM.
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