e-Forex Magazine September 2020

e-Forex Magazine September 2020

FMSB SPOTLIGHT REVIEW
Remote working risks in FICC markets
FX OPTIONS
Embracing the potential of e-platforms
EMPOWERING YOUR SALES TEAM
Leveraging new technology to overcome the constraints of Covid-19
FXLIQUIDITY
A collaborative project between Mosaic Smart Data, CLS and MUFG
CRYPTOCURRENCIES
A lot to learn and some things to teach
COVER INTERVIEW
EVGENY SOROKIN
SVP of Software Engineering at Devexperts

 

Crystal ball gazing Predicting the evolution of electronic FX option platforms

Market Commentary

Over the past several years, we have seen a continuous migration of client FX flows away from voice channels to electronic delivery channels. Recent surveys would suggest that +/- 80% linear products are now executed electronically...show more

 

Non-deliverable options clearing from LCH

Product Launch

As LCH’s ForexClear is about to start clearing non-deliverable foreign exchange options (NDOs) we asked Kah Yang Chong, Head of ForexClear Product, Europe, the Middle East and Africa, to tell us more about this initiative....show more

Devexperts With Evgeny Sorokin, SVP of Software Engineering

e-Forex Interview

Talking with Evgeny Sorokin, SVP of Software Engineering at Devexperts: The firm that’s a techology launch pad for brokers of all sizes....show more

 

Empowering your sales team How banks can leverage new technology to overcome the risks and constraints of Covid-19

Technology

FX salespeople of the world, unite! Rise up, resist the tyranny of trading technology spend. Wave your laptops and mobiles in the air, thump your kitchen tables or wherever you happen to be home-working and demand, “Give us the tools to be able to do our jobs and cover clients as they deserve!”...show more

 

GCEX Bridging the gap between traditional finance and digital assets

Provider Profile

GCEX is a technology-agnostic platform, allowing brokers, funds and other professional traders to access deep liquidity in all the markets it offers. We spoke to CEO, Lars Holst, CFA, to discover more about the firm and how it intends to lead the next phase of financial digitalisation....show more

Examining remote working risks in FICC markets

Trading Operations

The FICC Markets Standards Board Limited (FMSB) recently published a Spotlight Review focusing on the risks associated with remote working in FICC markets. We republish this....show more

FX Options Embracing the potential of platforms

Viewpoint

Regulatory requirements, clients’ drive for efficiency, and the experience of working from home during the COVID-19 pandemic are spurring a shift of FX option activity to platforms....show more

 

FXLIQUIDITY Providing the FX market with the insights that it needs

Case Study

Matthew Hodgson, CEO and Founder of Mosaic Smart Data discusses FXLIQUIDITY, a collaborative project set up between Mosaic Smart Data, CLS and MUFG, delivering free FX liquidity insights to the market in response to the COVID-19 related market turmoil. ...show more

 

The new landscape in Foreign Exchange

Expert Opinion

David Woolcock, Director, Business Consulting at Eurobase Banking, tells us why now, more than ever, integrating treasury and trading operations is helping banks and payment firms navigate the new landscape....show more

 

Risk Old and New - Crypto has a lot to learn and some things to teach

Blockchain and CryptoCurrencies

Digital assets are part of a broader class of financial innovations and arguably originated in e-money and credit card projects in the 1990s. However, a balance of your funds digitised, and accessed through even an ATM for cash, could also make it a ‘digital asset’. Computer-based representations of real-world assets are currently reimagined using tokens and smart contracts....show more

 

Is direct access to classic Tier One liquidity truly the Holy Grail for brokers?

FX Brokerage Operations

Any broker who is serious about delivering a high-quality trading experience for customers has to be prioritising liquidity. But in a world where the number of brokerages continues to grow, whilst direct access to Prime Broker accounts becomes ever more difficult, how are...show more

 

How the right Client Portal can impact your brokerage

FX Brokerage Operations

There are thousands of investment firms registered globally, and more are popping up every day. With such a massive pool of brokers to choose from, your prospects are looking for the “best”. ...show more

FX Regtech adapts to WFH

Reg Tech

Mike Harriss, Head of Partnerships at TruNarrative, talks to e-Forex about working from home, the rise in digital onboarding, and how his firm is working with FX businesses to meet their needs....show more

 

Technology - Helping to change the face of FX research

Technology

With an average of $6.6 trillion of trades per day, Forex markets underpin many investments and all international capital flows....show more

 

Helping clients to competitively and efficiently access global markets

Platform Profile

Edgewater Markets is a leading technology-driven market leader in workflow management and execution services. We asked Matt Kassel, Chief Operating Officer of the company to tell us more about the firm and the unique platforms it operates...show more

Invast Global The emerging face of unique liquidity

e-Forex Interview

Multi asset Prime Brokerage Invast Global has merged many decades of experience in the Japanese domestic online broking industry with some of the sharpest institutional brokerage executives in the industry, to build a multi asset liquidity offering for online brokers which has won awards across the globe – and a growing legion of loyal clients....show more

 

Automation and Volatility: What did we learn?

Expert Opinion

I would argue that real money firms learn less about the efficiency of their workflows and the performance of their technology during quiet markets, when the overall cost of trading is low, than they do during stressed market conditions when volatility suddenly spikes...show more

 

E-FX accelerates Down Under

Regional eFX Perspective

Electronic FX trading in the Australian market had already migrated substantially to e-platforms. Covid 19 has boosted the trend, writes Richard Willsher....show more

 

Leverage caps - ASIC releases submissions to its Consultation Paper

Regional eFX Perspective

Quinn Perrott and Sophie Gerber report on how the industry has responded to the release by ASIC of Consultation Paper 322....show more

 

Unlocking the full potential of electronic FX Option platforms

Trading & Technology Clinic

By John Stead, Global Head of PreSales at smartTrade Technologies...show more

 

How Tools for Brokers has undergone a major business transformation in the middle of economic crisis and stayed profitable

Sponsored Statement

The history of Tools for Brokers (TFB) began 10 years ago when the world and the Forex market both looked very different compared to today. Back then, there was less competition, less regulation, and most definitely less understanding of the best way to move forward....show more

 

Crypto-Derivatives Market Evolution: Where we are, and where we need to be

Blockchain and CryptoCurrencies

The cryptocurrency derivatives market has as many specific attributes as the cryptocurrency spot market. Namely, they feature developed decentralisation, largely unregulated platforms and diverse instrument specifications...show more

 

CMC MARKETS - Talking with the magicians of liquidity

Provider Profile

CMC Markets institutional suite provides top class liquidity services across multiple asset classes. The company offers a flexible approach so that clients can connect to its liquidity by using either proprietary trading platforms, or via third-party technology. We talked to Richard Elston, Group Head of Institutional at the firm to tell us more....show more

 

FXPB meets Covid-19: How resilient was your trusted Prime Broker during the crisis?

ALGOFX LAB

Nicholas Pratt investigates how well Prime Brokerages have passed the tests and overcome the challenges posed by the pandemic....show more