Savvis a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that FXall the leading independent electronic foreign exchange platform, has renewed its Hosting and infrastructure services agreement with Savvis and will take additional data center space to accommodate client demand and ongoing market growth.
The leading ECN part of the big four; Currenex, Hotspot and 360T recently completed an IPO and reported solid Q1 2012 results.
FXall is currently trading at $15.90.
FXall - providing more than 1,000 institutional clients a choice of execution, end-to-end workflow management and straight-through processing - receives hosting services in Savvis' NJ2 data center complex in Weehawken, N.J. FXall's customers can colocate in the facility and utilize direct fiber cross connects to establish the lowest latency connections available for trading on the platform. Additionally, FXall connectivity is available across Savvis' global low-latency network.
"Hosting our matching engine in Savvis' data center allows us to streamline the process of connecting to our trading partners and clients to deliver ultra-low-latency connectivity, while leveraging a market-leading IT infrastructure service," said Steve Rubinow, chief information officer for FXall.
The global foreign exchange market represents average daily turnover of interbank, corporate, institutional and retail trading venues estimated at $4 trillion, which is more than 12 times the average daily turnover of global equity markets combined. Approximately 43 percent of global spot foreign exchange (FX) daily volume is matched on trading engines that are hosted in Savvis data centers, with all key venues in the market within 100 microseconds of a Savvis facility.
FXall reported its average daily trade volume for March 2012 - $90.4 billion.
"With increasing volumes and Liquidity within the FX markets, we continue to see strong interest from clients in connecting to FXall," said Varghese Thomas, global head of financial services for Savvis. "Savvis builds compelling trading ecosystems for our clients, offering connectivity to numerous venues, and we are very proud that FXall continues to choose Savvis as its hosting infrastructure provider."
Savvis a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that FXall the leading independent electronic foreign exchange platform, has renewed its Hosting and infrastructure services agreement with Savvis and will take additional data center space to accommodate client demand and ongoing market growth.
The leading ECN part of the big four; Currenex, Hotspot and 360T recently completed an IPO and reported solid Q1 2012 results.
FXall is currently trading at $15.90.
FXall - providing more than 1,000 institutional clients a choice of execution, end-to-end workflow management and straight-through processing - receives hosting services in Savvis' NJ2 data center complex in Weehawken, N.J. FXall's customers can colocate in the facility and utilize direct fiber cross connects to establish the lowest latency connections available for trading on the platform. Additionally, FXall connectivity is available across Savvis' global low-latency network.
"Hosting our matching engine in Savvis' data center allows us to streamline the process of connecting to our trading partners and clients to deliver ultra-low-latency connectivity, while leveraging a market-leading IT infrastructure service," said Steve Rubinow, chief information officer for FXall.
The global foreign exchange market represents average daily turnover of interbank, corporate, institutional and retail trading venues estimated at $4 trillion, which is more than 12 times the average daily turnover of global equity markets combined. Approximately 43 percent of global spot foreign exchange (FX) daily volume is matched on trading engines that are hosted in Savvis data centers, with all key venues in the market within 100 microseconds of a Savvis facility.
FXall reported its average daily trade volume for March 2012 - $90.4 billion.
"With increasing volumes and Liquidity within the FX markets, we continue to see strong interest from clients in connecting to FXall," said Varghese Thomas, global head of financial services for Savvis. "Savvis builds compelling trading ecosystems for our clients, offering connectivity to numerous venues, and we are very proud that FXall continues to choose Savvis as its hosting infrastructure provider."
ASX Faces $150M Capital Charge After Scathing Inquiry Finds Years of Neglect
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
