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LMAX Group acquires FX HedgePool

The TRADE

Currently, FX swaps account for more than half of total daily FX turnover and are the most traded instrument (in excess of $3.8 Currently, FX swaps account for more than half of total daily FX turnover and are the most traded instrument (in excess of $3.8 trillion per day). trillion per day).

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Trading and Proprietary Trading Many large banks are involved in trading activities. This can be trading on behalf of their clients (like when you buy a stock through a bank's brokerage service) or proprietary trading where banks invest their own money.

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Outsourced trading: Easy to do, difficult to get right

The TRADE

From Tourmaline’s perspective, Hantman asserts that the firm has been trading for multiple trillion plus asset managers for years, though these are unwilling to be named publicly. Similarly, Crowe confirmed to The TRADE earlier this year that BNY Mellon “absolutely” has large scale clients on its books already.

Trading 59
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Leaders in Trading 2023: Meet the nominees for… Outstanding FX Trading Venue

The TRADE

CME Group acquired EBS in 2018 as part of a larger acquisition of London-based NEX Group, forming a combined company for futures, cash and OTC markets. CME Group also boasts over 90,000 users in FX futures raging from corporates, banks, proprietary trading companies, retail, asset managers and hedge funds.

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