The Last Look…
January 21, 2025
We had a quiet 10th anniversary in FX last week, and I’m not surprised it was quiet, for it was… Read More »
The Position is the place to go for opinion, both from The Full FX and selected FX and crypto industry voices. Colin Lambert will be providing regular commentary on the latest industry developments with the intention of provoking discussion over developments. The Position will also carry occasional market commentary from leading FX and crypto strategists as well as macro commentary from think tanks.
We had a quiet 10th anniversary in FX last week, and I’m not surprised it was quiet, for it was… Read More »
Three years after it halved its order review time (ORT) to 35ms, Cboe FX is again cutting what is effectively… Read More »
Welcome to 2025, and in the spirit of a happy new year, let’s start by giving someone a kicking! What… Read More »
It’s that time of the year again – when financial organisations create a whole new generation of Accidental Leaders and… Read More »
Taking a look at the most read columns of the year is an instructive process and highlights the importance –… Read More »
There has been a bit of a buzz around the news that LSEG is changing tack in its FX business,… Read More »
With only a couple of weeks to go until the end of 2024 it feels like an opportune time for… Read More »
Last week’s column prompted several of you to get in touch with what was pretty much the same question. Where… Read More »
I think everyone knows by now that pre-hedging bothers me – it raises too many risks, is cloaked in ambiguity,… Read More »
The latest survey from Coalition Greenwich finds that multi-dealer FX platforms (MDPs) are facing a bright future with buy side… Read More »
There are those in our industry who genuinely fear for its future due to what they perceive as the inexorable… Read More »
Whether we’re aware of them or not, biases shape our perceptions, decisions, and interactions with others. Formed by our experiences,… Read More »
Two weeks ago I wrote about the feedback initiative from the GFXC, part of which covered FX settlement, within which… Read More »
This was going to be something about platforms, but sadly, our industry has been struck by another tragedy in the… Read More »
“Feedback” and “Consultation” are interesting concepts in the world of conduct and regulation – I can’t count the number of… Read More »
Regular readers know that I am no fan of some of our friends in the legal profession, so I am… Read More »
The long-term success of FX organisations and the industry as a whole relies on developing and maintaining a talent pipeline… Read More »
By Ted Holloway I wanted to respond to the recent points raised by the editor of The Full FX in… Read More »
It’s clearly a more complex subject, but there is a whiff of the old hedge fund tactic around information when… Read More »
It has become fashionable in some circles to bemoan the lack of opportunities and profits available in FX markets, but… Read More »
One year after acquiring Cürex Group, LMAX Group has unveiled a second FX deal aimed at expanding its product and… Read More »
I will confess, when I first heard of the proposed changes to LSEG FX’ Spot Matching, my initial reaction was… Read More »
FMX Futures Exchange has formally launched, backed by BGC Group and 10 market participants, initially the venue will offer SFOR… Read More »
Have we become too obsessed with best execution? More pertinently, are we even looking in the right direction when judging… Read More »
A few weeks ago in this column, I discussed the impending imposition of brokerage by Bloomberg on FXGO and asked… Read More »
The Foreign Exchange Professionals Association (FXPA) has waded into the ongoing debate around the regulation of FX platforms with a… Read More »
The response to last week’s column drew an interesting picture of how some people see the modern FX industry, specifically,… Read More »
A new survey from Citi’s Securities Services division finds that investors are backing the commercialisation of distributed ledger technology and… Read More »
Far from the consolidation some expected, the FX platform world continues to expand and fragment, but what faces the new… Read More »
Data published by two platforms provides an interesting insight into FX market behaviour during market upheaval, reinforcing the sense that,… Read More »
Is there a tipping point at which LPs in the spot FX business say “enough” and actually do something about… Read More »
The latest column in our Voice of Experience series sees Simon Wilson-Taylor, senior partner at FastFin, takes a look at… Read More »
Much happen while I was away? Apart from a global market meltdown of course? Amidst the bloodletting in markets last… Read More »
In the latest Voice of Experience Column, Ted Holloway discusses the growing issue of data ownership, and also takes a… Read More »
The pre-hedging Spotlight Review from the FMSB merely serves to highlight, in my view, just how difficult, and potentially risky,… Read More »
The subject of wholesale central bank digital currencies has gained new momentum this year and like so much in the… Read More »
With so much pressure to always do the right thing, be all inclusive, have an engaged and healthy workforce and… Read More »
It’s a cliché that the foreign exchange industry is a fast-evolving world, but nonetheless true, and the pace of evolution… Read More »
With The Full FX View LSEG FX has made a major splash in the FX industry, The Full FX understands,… Read More »
With The Full FX View CLS has provided an update on activity across its core CLS Settlement service just over… Read More »
I think we can all agree that the T+1 changeover in North America was handled smoothly by markets, and that… Read More »
With The Full FX View BNP Paribas has extended its relationship with CobaltFX by deploying the recently-launched CobaltFX Analytics solution,… Read More »
The whole sorry episode of the USD/ZAR barrier and Neil Phillips’ actions has come to an end (perhaps) with his… Read More »
With The Full FX View FX dark pool matching platform LoopFX has secured further funding as it develops its business,… Read More »
The Global FX Committee meets next week and one of the topics on the agenda will probably be pre-hedging, specifically… Read More »
In the second of our Human FX series, people development consultant and coach, Martina Doherty, discusses what it will take… Read More »
Let us return, friends, to an old favourite – the 4pm Fix – for this week there have been two… Read More »
In our latest Voice of Experience contribution, Ted Holloway follows up on recent columns in The Full FX looking at… Read More »
Should banks be touting the “house view” of FX markets given how poor, historically, so many economists and strategists have… Read More »
Much has been made about how different roles in the FX market have changed, evolution tends to make that happen,… Read More »
