Sterling volume boosted by Brexit to record high; N.America turnover drops*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected," said Dan Marcus, CEO of trading platform ParFX.
Brexit boosts pound trading on both sides of the Atlantic*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation,” said Dan Marcus, chief executive of foreign-exchange platform ParFX. "However, the decline in dollar-renminbi is larger than most market observers probably expected.”
Sterling trading volumes boosted by Brexit to record high*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected," said Dan Marcus, CEO of trading platform ParFX.
Sterling trading volumes boosted by Brexit to record high*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected," said Dan Marcus, CEO of trading platform ParFX.
Sterling trading volumes boosted by Brexit to record high*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected," said Dan Marcus, CEO of trading platform ParFX.
Sterling trading volumes boosted by Brexit to record high*
"The increased levels of trading in sterling pairs is hardly a surprise, given it has effectively been a proxy for one of the most significant political events in a generation. However, the decline in dollar/yuan is larger than most market observers probably expected," said Dan Marcus, CEO of trading platform ParFX.
P&L Scandinavia
ParFX attended P&L Scandinavia in Copenhagen.
UK defies Brexit and tightens grip on global trading*
The chief executive of foreign exchange trading venue ParFX, Dan Marcus, said that this was “testament to London’s long-standing global trading relationships, concentration of counterparties and continued investment in technologies.”
Vanguard to Challenge Banks’ Grip on $6 Trillion Currency Market*
“Direct trading really is the Holy Grail for the buy-side,” said Campbell Adams, a former senior currency trader at Deutsche Bank who founded a platform called ParFX in partnership with banks including Citigroup Inc. and JPMorgan.
JP Morgan traded $250 billion via NDF algos this year*†
The ParFX trading venue, meanwhile, has been mulling an expansion in the space, and Deutsche-Börse-owned marketplace 360TGTX is moving to unveil the kind of streaming technology that would help bank algorithms enter the NDF market.