360T to Add CLOB, Futures after Deutsche Boerse Deal – Profit & Loss
360T has told clients it is adding central limit order book (CLOB) and futures trading functionality to its platform following the completion of its purchase by Deutsche Boerse
Former FX Head Sues UBS Over Dismissal – Profit & Loss
Roger Boelher, former FX chief dealer at UBS in the US, is suing the bank for $34.5 million claiming that it negatively altered his performance reviews after he was named in documents linked to the chat room scandal.
CME’s FX Q2 Volumes Decline, Up on 2014 – Profit & Loss
CME Group’s second quarter results show that FX volumes were down 5.4% from the previous quarter but still significantly higher year-on-year.
Hotspot Volumes Lowest Since 2012, FastMatch Also Down – Profit & Loss
Average daily volume on two FX ECNs dropped back in July as activity was dampened by uncertainty over Greece, creating conditions one head of a trading platform provider describes as “pretty awful”.