The Last Look…
November 28, 2023
I was going to follow up on a recent column on AI, however that will have to wait following the… 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.
I was going to follow up on a recent column on AI, however that will have to wait following the… Read More »
There is a school of thought that rather than what many expected – automation in FX swaps will precede FX… Read More »
Last week’s Full FX conference included – as is inevitable these days – multiple references to AI and its potential,… Read More »
By City Rover As the readership of this column surges into double figures (Yours – Ed), I feel sure that… Read More »
Customers like to moan…FX dealers like to moan…let’s face it, everybody likes a good moan every now and again! Which… Read More »
The dissemination of market data is a strange thing, regulators the world over look for market manipulation – as they… Read More »
This is the second in our occasional series, The Voice of Experience, which taps into the experience of senior, and… Read More »
It took just half a day for a Manhattan jury to convict former Glen Point Capital CEO Neil Phillips of… Read More »
It was interesting gauging reactions to last week’s two M&A announcements, while one was largely expected, the other was somewhat… Read More »
The trial of former Glen Point Capital CEO Neil Phillips has taken an interesting turn after a few weeks of… Read More »
With The Full FX View Lawyers for former HSBC head of FX cash trading Mark Johnson have filed a… Read More »
Redundancy of technology has been a big part of the FX industry’s thinking for decades now – why was EBS… Read More »
By City Rover It is a truth universally acknowledged, that a single man in possession of a good fortune, must be… Read More »
The Voice of Experience is a new series from The Full FX which taps into the experience of senior, and… Read More »
Last week gave us another example of how the crypto world, while claiming to be innovating a market structure change,… Read More »
With The Full FX View Hugh Whelan, head of EBS Direct, is leaving CME Group as part of a broader restructuring… Read More »
The latest changes announced by EBS to its primary FX trading venue are interesting, because they could be viewed as… Read More »
With The Full FX View Nomura’s digital asset’s subsidiary, Laser Digital, has launched its first Bitcoin fund, which it says… Read More »
I have noted through various channels over the past few months, how the FX swaps market structure appears to be… Read More »
With The Full FX View LoopFX has taken a big step forward, entering a collaboration with State Street’s FX Connect… Read More »
Last week’s column, not unexpectedly I suppose, elicited quite a bit of feedback and comment and it was interesting that… Read More »
With The Full FX View Digitec has unveiled D3 OMS, its new order management system targeting the inter-dealer FX swaps market… Read More »
It is time, again, to talk about LP behaviour on platforms and those platforms’ apparent inability, or refusal, to act… Read More »
I’ll keep this quick – the northern hemisphere is facing public holidays in the UK and US after all –… Read More »
It’s always interesting when there is a major change at the top of a major FX platform business, as it… Read More »
Naturally, I am going to take advantage of the recently-published BIS paper on HFTs in dark pools to give the… Read More »
A new Working Paper published by the Bank for International Settlements looks at the behaviour of high frequency traders (HFTs)… Read More »
With The Full FX View A new study from Coalition Greenwich says that while OTC derivatives clearing has been with… Read More »
It is easy for me to tell that AI is starting to gain traction in financial markets from the number… Read More »
With The Full FX View The Global Foreign Exchange Division’s Market Architecture Group (MAG) has published a third study… Read More »
The law is a tricky beast – certainly one that I have had trouble fathoming out in recent years when… Read More »
There was a time when it was assumed that a decent corporate franchise was the backbone of an FX business… Read More »
With The Full FX View Japanese giant MUFG and Morgan Stanley have extended their partnership, which started with the Japanese… Read More »
Reading the ESMA review on pre-hedging a couple of thoughts came to me on two of my favourite subjects –… Read More »
With The Full FX View The issue of pre-hedging continues to split opinion in financial markets, and in its latest… Read More »
By City Rover This month’s trip down memory lane takes us to February 2003. The Nasdaq was hovering around 1,000,… Read More »
Although in many cases they are under a different regime, authorities who sought, and often achieved, convictions over alleged market… Read More »
With The Full FX View With the push for a consolidated tape (CT) seemingly mired in a back-and-fro between regulators… Read More »
Sometimes, I hear an idea so ostensibly silly, I feel the need share it – and today is your lucky… Read More »
With The Full FX View Dynamic credit is not a new concept, it has been, specifically, promoted by Cobalt for… Read More »
Historically, there has always been an imbalance in fortunes in FX markets between market makers and takers, and the pendulum… Read More »
By Keiren Harris This article first appeared on marketdata.guru William Shatner’s quote must have had the Inter-Dealer Brokers (IDBs)… Read More »
With The Full FX View The US Department of Justice (DoJ) has filed a Motion to Dismiss Indictment to end… Read More »
With The Full FX View A chapter in the 2023 Annual Report from the Bank for International Settlements (BIS) offers… Read More »
Are US equity markets throwing a giant spanner in the works of the FX market, or providing it with potentially… Read More »
Although I don’t think the lack of buy side adoption of the FX Global Code is as serious as some… Read More »
My antenna was tweaked a week or so ago by a report that at least two HFT-type firms were supposedly… Read More »
There are, inevitably, legal niceties and technicalities involved that mean the outcome of the case remains unclear, however reading the… Read More »
A huge thank you to everyone who made the second Full FX Scandinavia conference such a success last week, from… Read More »
By City Rover Say what you like about them, but there is no denying that the two American ‘Investment Banks’… Read More »
