... however the Thomson Reuters / FXall combo seems to have overtaken EBS for leadership of the Forex ECN sector. After setting volume records in June, Thomson Reuters FX and its still-separately-run subsidiary FXall have reported forex volume slowdowns in first July and now in August as well. Thomson Reuters FX came in at $107…
Read moreHowever on a relative basis both did much better than Forex ECN rival EBS. But why? After setting volume records in June, Thomson Reuters FX and its still-separately-run subsidiary FXall reported forex volume slowdowns in July. Thomson Reuters FX came in at $114 billion daily in July, off 22% from June's $147 billion, and FXall…
Read moreRetail FX brokerages continue to set records in May, yet Forex ECNs were mostly treading water. Continuing the mixed-results FX volumes trend for May we've seen so far at the CME Group (up 15%) and at ICAP EBS (down 2%), Thomson Reuters and its FXall unit each reported ho-hum FX volumes results for the month.…
Read moreLawsuit brought by former TRI employee claims insider survey leaks. An interesting lawsuit brought against Thomson Reuters by former employee Mark Rosenblum claims that the bimonthly Thomson Reuters / University of Michigan Surveys of Consumers had a "tiered" release, giving certain "ultra-low-latency" subscribers to the survey a brief trading advantage, based on receiving the information earlier. Rosenblum's…
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