FXSpotStream Total Volumes Drop below $900B in August, ADV Rises to $41B August’s ADV figure is higher on a monthly basis by 2 percent from $40.4 billion back in July 2020.
XTX Markets Releases its Principal FX Algo for Market Participants The XTX Markets Execution Algo is aimed at reducing overall slippage to arrival price.
Cappitech Completes First Data Porting outside CME The company tapped REGIS-TR and other trade repositories to replace CME.
Citi Launches Direct Custody and Clearing in Finland The bank is marking its dominance in the Nordic markets.
Edgewater Markets Sees Significant Uptick in Precious Metals Volume Edgewater Markets executed $500 million worth of spot gold and silver volumes daily in H1 2020.
Exclusive: Global Prime Taps BidFX to Expand Interbank Funding Market Global Prime has selected BidFX to streamline direct access to tier-1 banks who make up the interbank market.
CLS July Volumes Follow Industry Trend, Drop 7% MoM The total average daily traded volume submitted to CLS in the month of July was $1.657 trillion.
PrimeXM’s XCore Adds Refinitiv Autex Trade Route This will connect over 600 institutional brokers with the XCore community.
Sucden Financial Expands eFX Reach, Becomes Principal of NTpro NTpro is the Russian brand name of trading platform BierbaumPro.
Avelacom Establishes Route Between Sao Paulo and New York With the creation of the new route, latency has been improved to 103.5 milliseconds.
Equinix Announces Expansion to India with GPX India Acquisition The company has acquired GPX India in a deal worth $161 million.
London FX Volume Shrinks to $2.41 Trillion Per Day in April 2020 The decline in the average daily volume in the City was broad-based and was reported across almost all currency ...
FXCM Pro Partners with Devexperts to Provide Liquidity for DXtrade Under the agreement, the prime broker will provide multi-asset liquidity to retail brokers using DXtrade.
Virtu Financial Sees 141% Q2 2020 Revenue Jump The increased market activity due to the COVID-19 volatility has contributed to this rise.
TP ICAP Reports Yearly Uptick in H1 2020 Revenue TP ICAP recorded £990 million in statutory revenue for the first six months of the year.
R.J. O’Brien Acquires Dubai Interdealer Broker LFS The Chicago-based firm has acquired Lombard Forte Securities Limited.
Liquidnet to Enter Debt Market with Upcoming DCM Launch The product will be available to all Liquidnet Fixed Income members and syndicate banks.
Thomson Reuters’ Q2 Profit Drops 18pct, Revenues Also Tick Down Operating profit fell to $365 million, or 25 cents a share, in the Q2 from $447 million a year ...
Commerzbank AG Expects to Close 2020 in Red, Hurt by Wirecard Scandal The German lender has revised its forecast for 2020, now expects to report a net loss for the year.
Virtu Financial Launches New FX Algo Execution Product The product is part of Virtu’s Transaction Cost Analytics offering.