ICE Delays Opening of Singapore Futures Exchange – Today Online
Intercontinental Exchange (ICE) has delayed the start of a new futures marketplace in Singapore, which was scheduled to open 17 March.
No More Voice Trading in FX, Says Willis Treasury – Profit & Loss
Willis’ UK treasury head has sounded the death knell for voice trading in FX, saying that the global insurance broker will not deal with any bank that doesn’t implement its trading platform.
GSA Split Amicable, Gerko Says – FX Week (subscription)
GSA Capital’s head of FX trading, Alex Gerko, says his decision to spin out of the hedge fund and set up a proprietary market-making firm is the result of months of planning and the venture has the full support of GSA, with individual partners considering taking a share in XTX.
E-FX Growth Helps Drive Revenues at BGC – Profit & Loss
Fully electronic FX notional volume on BGC Partner’s system grew 71% in 2014, according to the firm’s full year financial report released last week.
ICE’s Sprecher Sees SuperDerivatives Acquisition as Serving Key Growth Area – FierceFinance IT
Intercontinental Exchange chairman and CEO Jeffrey Sprecher says he sees data consumption as a key growth area for the financial industry, and he expects his company’s acquisition of SuperDerivatives last year to help his company better serve that growth.
Nomura Adds Voice to Calls for FICC Trading Licence – Financial News (subscription)
Nomura has backed proposals for fixed income traders to gain professional qualifications, similar to those required by lawyers and accountants, in response to scandals that have beset the markets in recent years.