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SpectrAxe and OSTTRA partner to streamline FX options trading

The TRADE

Patrick Philpott Specifically, the offering works from price discovery through to execution, booking, and risk management within the FX options market – combining SpectrAxe’s price discovery and execution CLOB with OSTTRA’s post-trade network.

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Former TP ICAP MD joins Bloomberg as head of European credit e-trading

The TRADE

Industry stalwart Dan Hinxman has joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. He joined financing, investment and risk management business CIC Market Solutions as a sales trader.

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IEX Group to launch its first options exchange

The TRADE

IEX Group has announced the launch of a US options exchange to partner with liquidity providers to tackle risk management challenges faced in the options markets, subject to regulatory approvals. The new exchange will bring IEX’s suite of order protection innovations to better meet the demands of market makers.

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The TRADE predictions series 2024: Foreign exchange, it’s all about swaps and forwards

The TRADE

Likewise, rather than using long-dated FX forwards of up to a year or two, many fund managers chose to lock in rates of up to six months or less to add an extra layer of flexibility and nimbleness should the market move against them. As the FX swaps market grows, we expect to see regional banks trade more FX swaps.

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Trading Technologies hires in ex-Bloomberg expert as EMEA director

The TRADE

Algomi was acquired by BGC partners in 2020 – integrated with BGC’s electronic trading and software division Fenics – after which Miller became managing director – institutional sales responsible for the Lucera LUME Alfa product. These were just the latest acquisitions by TT in a bid to expand its multi-asset capabilities.

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Celebrating International Women’s Day with… Mizuho’s Lu Fu

The TRADE

The desk has been focused on equipping itself with advanced data analytics to enable traders to make more data-driven decisions related to pricing and risk management, and to utilise this data to make us more relevant to our clients based on client insights analysis.

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China Minsheng Bank enhances market-making capabilities through adoption of Bloomberg sell-side solutions

The TRADE

Electronic trading and automated workflows are important trends in global finance, enhancing competitiveness through more accurate pricing, smoother trade execution, and efficient risk management.”

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