Company News
Thomson Reuters FX Volumes Down in May – Profit & Loss
The last platform to report average daily volume data, Thomson Reuters, has reported a small decline in activity in May.
Slow Adoption of Technology Hurts Asset Managers – Financial Times (subscription)
Money managers at risk of losing market share to digitally savvy disrupters.
When Currencies Fall, Export Growth Is Supposed to Follow—Until Now – Wall Street Journal (subscription)
The U.K. economy is providing a live test of whether globalization has blunted the textbook effect of currency depreciation.
Despite Hopes, ‘Flash Boys’ Heroes Are Far From Reshaping U.S. Stock Market – Wall Street Journal (subscription)
IEX calls itself the best exchange for investors, citing data showing that trades on IEX have less impact on prices than at other exchanges
Why Digital Currency Exchange Coinbase Eyes $1B Valuation – CNBC News
Coinbase CEO Brian Armstrong recently declared that the digital currency industry was having “its Netscape moment.” Like the pioneering browser that helped trigger the Internet revolution, cryptocurrencies such as bitcoin are on the verge of wide-scale adaptation, he argued.
Lower Charges Help BSE Overtake NSE in Currency Derivative Trading – The Economic Times
The BSE is the latest favourite with currency derivative traders, with daily trading volumes of hedging instruments on Asia’s first bourse rising past those on the competing and well-equipped National Stock Exchange (NSE). |