By Chris Jakob Have you ever tried to build your own house? Know anyone (who’s not a licensed contractor) who has done it? Probably not. It takes a specific skillset, years of experience and an abundance of time most people … Continue reading →

Posted in FX Best Execution Practices, FX Transaction Cost Analysis |

“The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.” -       Martin Luther King Jr., 1963 It is almost unfathomable to label the … Continue reading →

Posted in FX Best Execution Practices, FX Transaction Cost Analysis, Uncategorized |

Equity trading volumes have been trending down for a while now, leaving equity brokers looking for new ways to make up for lost revenue. As a result, some of them recently began to offer FX transaction cost analysis (FX TCA) … Continue reading →

Posted in FX Best Execution Practices, FX Transaction Cost Analysis |

Here’s another strong nudge from the regulators as investigations of custodians acting as principal to forex trades continues to gain momentum: Read Article

Posted in FX Best Execution Practices, FX Transaction Cost Analysis |

CLS Bank (the central clearer for about 70% of the interbank FX trading volume) today announced a fee increase to help offset rising costs due to more regulatory requirements. It is believed that banks pay on average around $1.20 on … Continue reading →

Posted in FX Best Execution Practices, FX Transaction Cost Analysis |

In equities, TCA is a common thread to buy-side best execution efforts, but has long been brushed aside in currency space. With the SEC now deepening its probe in FX Trading at two major custodian banks, FX transaction cost analysis … Continue reading →

Posted in FX Best Execution Practices |

This is a good summary of the four federal regulators in the US and their roles in the Institutional FX market. Highlighted is the glaring gap surrounding best execution in foreign exchange. Read Article

Posted in FX Best Execution Practices |

Getting the most accurate price information in the FX market is about one thing: currency pair specifics. In other words, the best source for price discovery in a USDJPY spot trade is not the same as a USDZAR spot trade. … Continue reading →

Posted in FX Best Execution Practices |

For years, the concept of “best execution” in the currency market has been a low priority among many investors. The primary reason is that OTC FX was not considered a “security,” so technically the best execution language in Reg NMS … Continue reading →

Tags: fx best execution, fx tca
Posted in FX Best Execution Practices |

1. Always Exchange Delta If you are using vanilla currency options to express a directional view in the underlying, there is one thing you should know: Nothing will light up your FX Salesperson’s eyes more than hearing the words, “please … Continue reading →

Tags: fx best execution
Posted in FX Best Execution Practices |