e-Forex Magazine November 2019

e-Forex Magazine November 2019

e-Forex Magazine Nov 2019 Issue

TRADING FX ON EXCHANGES
Compelling alternatives to OTC strategies
ELECTRONIC FX OPTIONS
What can we expect in the future?
NDFs
An exciting growth story of wider market
access and increasing electronification
FRONTIER MARKETS
How digital technologies are improving
financial inclusion
CRYPTOCURRENCIES
What should institutional investors
consider and what are the challenges?
LIQUIDITY MANAGEMENT
Assessing the benefits of Disclosed
Liquidity Pools
FX CONNECT
Exploring the newly enhanced platform
COVER INTERVIEW
TOM HIGGINS
CEO OF GOLD-i

 

What can we expect next in the electronic FX Option space?

Market Commentary

Mark Suter, executive chairman and co-founder of Digital Vega, explores what ways the electronic FX option platform and product space is likely to evolve over the next few years and the factors and issues that will influence this....show more

 

The market shift from Anonymous to Disclosed trading

Expert Opinion

FXSpotStream, the current leading disclosed service in 2019, continues to experience tremendous growth. Through September 2019, FXSpotStream’s ADV is up 33% when compared to the same period last year. The growth of the Service is attributable in part to the shift in trading from anonymous to disclosed venues. ...show more

 

Exploring the benefits of Disclosed Liquidity Pools

Liquidity Management

There has been an immense improvement in technology within the FX industry over the past couple of decades, so much so, that it has altered liquidity provider behavior. The efficiency in which trades can be safely executed through state-of-the art data centers, with speeds measured in milliseconds, has pushed the overall turnover within the OTC FX market to $6.6 trillion per day, (spot FX making up $2 trillion per day (per BIS (1)). ...show more

NDFs An exciting FX growth story of wider market access, new trading opportunities and increasing electronification

e-Forex Roundtable

With Christopher Torrington, Global Head – EM FX eTrading at Citi, Edward Brown Head of Regulated Trading, 360TGTX, Jon Vollemaere CEO R5FX, Tamaryn Nuttall, ForexClear COO, LCH and Bobby Lau, FX Trader at ICBC Standard bank...show more

 

The role of digital technologies in improving financial inclusion in frontier markets

Regional eFX Perspective

According to the Global Findex Database, about 1.7 billion adults remain unbanked - meaning they do not hold an account at a financial institution or through a mobile money provider, the rise in digital technology in Africa provides opportunities for expanding financial inclusion...show more

 

Trading FX On Exchanges Compelling alternatives to OTC strategies

FX on Exchanges

On-exchange FX volumes are increasing rapidly, enabling exchanges to broaden the depth and breadth of the products traded on their platforms. Richard Willsher investigates further....show more

Gold-i Becoming a dominant player in FX FinTech

e-Forex Interview

Gold-i is a global market leader in trading technology, helping hundreds of multi-asset brokers to transform their trading operations with robust liquidity management solutions, award-winning MetaTrader Plug-ins, business intelligence tools and all with the best support in the industry. We caught up with Tom Higgins CEO and Founder of this award winning firm to find out what his plans are for the future....show more

 

Spark Systems Perfectly positioned to capitalise on the growth of FX trading in Singapore

Regional Provider Profile

Singapore-based financial technology company Spark Systems provides innovative solutions for foreign exchange trading across Asia. As average daily FX trading in the Southeast Asian nation have now jumped 22% to a record $633 billion in April from the same period in 2016, according to the latest survey by the BIS, we talked with Wong Joo Seng, CEO of the firm to discover in what ways this growth presents opportunities for his company....show more

 

FX Connect – exploring the newly enhanced platform for FX execution, portfolio management and streamlined global operations

Platform Profile

e-Forex spoke with Beverley Doherty, Global Head of FX Connect to learn more about how her team have taken this market leading platform to the next level...show more

 

Why firms across the Capital Markets are showing increasing interest in SWIFT gpi

Product Review

SWIFT’s global payments innovation (gpi) is improving the user experience in cross-border payments as well as reducing costs and risks in correspondent banking. e-Forex spoke with Matt Cook, Senior Markets Manager, Capital Markets and FX, to discuss how real-time payment tracking can also benefit capital markets firms....show more

 

Why there is no escaping the importance of multi asset offerings

Provider Profile

Client demand and competitive threats highlight flaws in FX-only mindset. The leveraged trading industry may have its foundations squarely set in currency markets, but recent decades have seen successive demands for asset classes beyond forex to be added to trading platforms....show more

 

Weak exports affect Japan’s GDP growth

Currency Clips

Japan’s economy is operating below its potential, growth in Japan’s economy slowed down in the third quarter ending September, at its weakest in a year, as trade conflict threatened and slow global demand pressured economic expansion. ...show more

 

Gold supply & demand: the latest

Currency Clips

The World Gold Council (WGC) last week published its quarterly “Gold Demand Trends,” giving the data on the supply and demand for gold. It shows that record prices for gold in some non-dollar currencies has apparently discouraged purchases of physical gold through jewelry and bars & coins....show more

 

Don't hesitate: The crypto market offers opportunities for institutional clients

Blockchain and CryptoCurrencies

A decade on and cryptocurrency trading has come a long way since the mysterious Satoshi Nakamoto completed the first transaction with Hal Finney, a computer programmer, sending him 10 bitcoin (BTC) on 12 January 2009. Since then, a series of burgeoning markets for hundreds of different cryptocurrencies have developed, with dedicated crypto funds becoming more widespread. As interest in cryptocurrency markets grows, institutional investors are looking to jump into the cryptocurrency pond, with RBC Capital Markets predicting that the market will grow to $10 trillion over the next 15 years. We asked James Banister, CEO, Market Synergy to explore some of the trading connectivity issues confronting institutional trading firms looking to enter the crypto market and the potential opportunities that this fast growing asset class presents once these can be addressed....show more