The Last Look…
December 2, 2025
The CME outage last week is the latest example of how the FX industry has, in the main, managed to… Read More »
The CME outage last week is the latest example of how the FX industry has, in the main, managed to… Read More »
October was very much a mixed bag for exchange-owned FX businesses, with Singapore Exchange seeing the benefit of central bank… Read More »
As was the case with all but one FX platform to report results earlier in the month, a second group,… Read More »
The continuation of relatively calm FX markets in August saw volumes dip at CME Group across both its listed and… Read More »
CME Group’s FX volumes dropped in July, with the futures and options activity at four-year lows and OTC activity at… Read More »
As was the case elsewhere, activity in CME Group’s FX products presented a mixed picture in June, but remained at… Read More »
CME Group has unveiled plans for an FX Tape to provide centralised reference prices and a view of market liquidity… Read More »
While, not unexpectedly, May FX volumes have dropped sharply from the record levels seen in April, the first group of… Read More »
As was the case with the first group of platforms to report FX volume data, FXSpotStream also set a new… Read More »
New platform launches in FX have, in recent years, tended to be low-key events, largely because everyone understands it will… Read More »
Following the positive news from the first group of platforms to report data, CME Group has also unveiled a strong… Read More »
It is, obviously, very hard to predict how long the current volatile environment in FX markets will last (when is… Read More »
As was the case with the earlier group of FX platforms to report results, CME Group’s OTC and listed FX… Read More »
As was the case with the other platforms to report FX volume data, CME Group also had a good start… Read More »
Final data for 2024 shows that, thanks to increased volatility and possibly more customers putting their dealers in competition, FX… Read More »
CME Group says its FX futures and options product suite saw average daily volume (ADV) of 1.132 million contracts in… Read More »
Volatility and in particular the US election, has seen CME Group report a strong month in FX volume for both… Read More »
CME Group is to launch USD/CNH trading on FX Link on Monday 25 November, amidst what the firm says is… Read More »
A second group of FX platforms to report volume data confirm that FX markets were quieter in October in the… Read More »
Ahead of testing kicking in on one of the FX industry’s biggest launches of recent times, Paul Houston, head of… Read More »
While CME Group has reported its busiest ever September across its product suite, things were more subdued in FX, with… Read More »
I will confess, when I first heard of the proposed changes to LSEG FX’ Spot Matching, my initial reaction was… Read More »
Further evidence of the boost to FX platforms’ business from the volatility in August is provided in the data released… Read More »
CME Group has announced in a notice that EBS NDF trading will move to a single liquidity pool in October,… Read More »
The global market meltdown that started on Monday last week and in subsequent days saw volatility spike across asset classes… Read More »
While in recent years the FX platforms have occasionally struggled to match the pace of growth seen in FX markets… Read More »
FX platforms had a buoyant month in July as FXSpotStream recorded its second highest activity levels on record while 360T… Read More »
In a customer update, CME Group says that it will launch its new CME FX Spot+ central limit order book… Read More »
In keeping with data from other platforms, CME Group has released a very strong June FX volume report, hitting what… Read More »
As was the case with the first group of platforms to report results, CME’s FX futures and options and the… Read More »
A round of intervention in USD/JPY by the Bank of Japan towards the end of the month, propelled EBS to… Read More »
Yen volatility on the back of suspected Bank of Japan intervention Monday helped propel EBS to its biggest yen volume… Read More »
CME Group’s FX futures and options product suite had their usual roll month bounce, while EBS bounced back from February’s… Read More »
As has been noted in these pages for some time, there is a continuing debate over the value and usefulness… Read More »
The decline of volumes on the “primary” FX venues is not a new discussion, liquidity providers have been talking to… Read More »
Average daily volume (ADV) on EBS in February has hit its lowest level since the platform started reporting volume data… Read More »
The world’s FX committees recently released FX turnover data for October 2023, indicating that spot FX activity was down compared… Read More »
FXSpotStream has started 2024 on a good note, reporting a new high for FX volume over the service in January,… Read More »
The closure of EBS forwards by CME Group feels like a big issue, but probably isn’t, mainly because the conditions… Read More »
CME Group is in the process of closing down its FX swaps and forwards dealing functionality on EBS Direct, which… Read More »
CME Group had a mixed result in terms of FX volume traded during December, with EBS seeing a decline, but… Read More »
CME Group has unveiled plans to bring together its on- and off-SEF NDF liquidity pools on EBS Market late in… Read More »
CME Group has unveiled plans to launch a new all-to-all spot FX market in 2024 – named FX Spot+, the… Read More »
Volume data from CME Group shows that both the FX futures and options product suite and the OTC EBS platforms,… Read More »
CME Group has contributed to something of a confused picture as far as FX volumes on the major platforms are… Read More »
Randomisation was seen as the key to “cleaner” FX markets when launched, but now, as Eva Szalay reports, the two… Read More »
FX volumes on CME Group’s EBS and the exchange’s futures and options suite followed the pattern elsewhere of a month-on-month… Read More »
With The Full FX View The latest FX market microstructure study by Bank of America looks at what happened on… 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 »
CME Group’s EBS has published a client advisory laying out a series of changes to EBS Market, starting in October… Read More »
