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 |
Honesty and independence are crucial components for anyone who wishes to perform FX TCA. While our mission at FX Transparency is to provide the best FX TCA on the planet, it is also important to share worthwhile items that … Continue reading
Posted in 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 |
If the financial transaction tax is imposed on currency trades in Europe, three things will happen: FX Desks will move to the US and Asia, liquidity will be reduced, and bid/ask spreads will widen. The unique thing about FX is … Continue reading
Posted in 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 |
Although it’s a far cry from what participants require for comprehensive FX TCA, it’s a good first step. A new foreign exchange trade repository will be developed by SWIFT and the DTCC to provide greater transactional information to global regulators. … Continue reading
Posted in 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 |
