SingleDealerPlatforms.Org

Here is a summary of the most viewed posts from last week.

• Central Bank FX Survey data: What’s happening to eFX ratios? Comparing London and NY
  In this post, I want to look at some of the interesting changes in eFX ratios – the proportion of total FX that is traded electronically, that is the sum of single+Multi-dealer+ECN as a percentage of total volume. We will look at London and NY, and compare and contrast overall eFX ratios, and eFX ratios by product and by client segment.

• New management team at merged EBS BrokerTec
  ICAP announced they were merging their two leading trading platform business divisions EBS (FX) and BrokerTec (Rates) into a single operation called EBS Brokertec Markets. Today the firm announced a new executive management team to drive the combined business forward

• Poll results: Last look, lack of time-stamp and internalisation of flows – Which practice is most open to abuse?
  A few weeks ago, we explored last look’, ‘time stamping’ and ‘internalisation’, three practices that The Fair and Effective Markets Review FEMR, felt needed improved controls to help restore trust in FICC markets. At the end of the post, I opened a poll asking buyside and sellside readers: “Which of the three practices are most open to abuse, resulting in sub-optimal client execution?”

Filed under: Paul Blank, weekly summary |