In the dynamic world of trading, retail investors often follow the herd, buying during optimistic times and selling in pessimistic ones. However, experienced traders recognize that lucrative opportunities often arise by going against the prevailing sentiment. Contrarian Trading Strategy Contrarian trading involves defying the general market sentiment. It’s not about opposing the crowd without reason…
Twenty-five years ago this summer, I witnessed the first client trade executed from iFX Manager, an Internet-based FX trading platform for investment managers I created for one of my former employers, the Bank of New York. iFX Manager was built in concert with a U.K. FinTech firm named AVT Technologies, and connected to AVT’s initial…
FX’s electronification has helped market stakeholders improve processes while shining a new light on existing problems. Specifically, firms are reviewing their efforts to reduce the impact of their trades, making information leakage and risk reduction hot topics currently. Ideally, optimal execution will reduce risk while generating almost zero market impact. However, achieving this state is…
Michael, please tell us a little about when ROSTRO commenced operations and the different entities within it. ROSTRO was founded in 2021. It was created as a new holding company that would cover every single type of client in the sector, catering to all financial audiences and servicing all kinds of trading and investment requirements. …
Following its $6.5 million seed funding AbbeyCross has gone live with its new transactional FX platform and its first US Tier1 Bank customer. The platform has been built to transform FX payments in emerging markets for global banks, MSBs, NGOs and their EM payment providers. AbbeyCross reduces technical barriers to integration, addresses compliance and continuity…
Increased market volatility and the adoption of new, algorithmically-driven, multi-asset trading strategies have both served to make the ECN model more attractive to FX market participants. The flexibility and less rigid protocols suit a more diverse client base which in turn has improved the depth of liquidity. In addition, ECNs have worked hard to improve…
HSBC has announced the launch of the HSBC FX floating e-liquidity order that allows institutional clients to place a floating order with HSBC’s principal liquidity via an API. As part of HSBC’s Global Intermediary Services offering, the new HSBC FX floating e-liquidity order capability enables clients to make liquidity to HSBC and transact electronically…
The peer-to-peer (P2P) model offers several benefits for FX market participants. Originally developed as a way to limit information leakage, P2P helps traders match interests in the market, irrespective of the instrument involved. As electronification has grown, P2P can also free traders’ time by automating operational trades. However, firms have faced a few challenges in…
FX HedgePool, a leading fintech innovator in the institutional forex market, has unveiled its second category-defining service. X•Bridge is a groundbreaking liquidity and workflow solution that transforms how buy-side firms access forex liquidity, unhindered by the traditional market constraints of credit and broker restrictions. Built on our proprietary credit model and technology, the service has…
ALT21 has announced that its flagship solution for banks, BankHedgeTM, is now integrated with the Temenos banking platform and available for banks globally on the Temenos Exchange ecosystem of partner solutions. BankHedge will enable Temenos banking clients to fully automate their entire FX hedging process including the automation of settlements, to create seamless multi-currency management…