FXall

FXall for...
Date: December 2005 Volume: 12

Contents

QuickFill 2.0 now live

Aon achieves best practice with FXall

FXall comes first in FX Week poll for fourth year running

Daily trading volumes break through $43bn

Settlement Center transactions double

Commerzbank joins FXall

Contact FXall for a demo

Find out how FXall facilitates best practice

Events
Visit FXall at key industry events in 2006

Provider announcements

Nordea
Lloyds TSB
Commerzbank
Jyske Bank
Citigroup
Standard Chartered Bank
Barclays Capital


QuickFill 2.0 transforms the way active traders deal

QuickFill 2.0, the latest release of FXall's service for active traders, is now live. New features include:

  • Bids and offers - enter limit orders on FXall, reducing transaction costs and enhancing efficiency
  • Multibank execution - spread a single deal across multiple providers
  • Enables traders to automatically direct business towards your prime broker, saving on prime brokerage fees

QuickFill 2.0 is available via FXall's FIX Gateway, allowing clients to connect their trading engines to FXall for fully automated trading.

Back to headlines


Aon achieves best practice with FXall

Global insurance and business services group Aon has gone live with FXall Trading and Settlement Center. Moving FX trading online has enabled Aon to manage its FX banking relationships more effectively and made it easier to achieve best execution, while automated confirmations and settlement instructions have streamlined post-trade processing.

Back to headlines

News

Events

5-7 February 2006
Network 2006

Ritz Carlton, Key Biscayne - FLA
Organized by the Managed Funds Association
FXall will be exhibiting at this event. Please visit our booth for a demo.

27-28 February 2006
Hedge Fund Workshop

New York
Organized by the Institutional Investor
FXall is sponsoring this event. Please visit our booth for a demo.

Back to headlines


Commerzbank joins FXall

Commerzbank Corporates & Markets (CBCM) has joined FXall as a liquidity provider. CBCM, with its global presence and strong position in international FX markets, joins more than 60 providers on the FXall platform.

To add CBCM to your list of liquidity providers, please email support@fxall.com.

Back to headlines


Contact FXall for a demo

Would your team benefit from further training to get the most out of FXall? Contact your usual FXall representative to set this up. Alternatively email customers@fxall.com.

Back to headlines


Find out how FXall facilitates best practice

FXall published a guide to achieving best practice in foreign exchange trading earlier this year.

The handbook, which was distributed with the May edition of Euromoney, addresses best execution, Sarbanes Oxley, IAS39, prime brokerage standards and industry best practices.

If you would like to receive a copy, please email info@fxall.com.

Back to headlines


FXall comes first in FX Week poll for fourth year running

FXall has been named top multibank portal in FX Week's Best Banks Awards for the fourth year running. The survey, FX Week's largest ever, polled more than 2,600 FX market participants. FXall received the highest number of votes from all three categories of respondents - banks, corporates and investors.

The award is FXall's second honor from FX Week this year - in July, the magazine named FXall best multibank platform for corporates in its second annual e-FX Awards.

Click here for the full press release
Back to headlines


Daily trading volumes break through $43bn

Trading volumes on FXall have surpassed $43 billion in a single day. The growth in business has been driven by increased activity across all FXall's client segments, as new customers sign up and existing ones increase the business they put through FXall.

Sanjay Madgavkar, Co Head - Fixed Income and FX ecommerce, North America, Citigroup, said: "As a leading provider on the FXall platform, we are excited to see this growth and we look forward to seeing that continue. We are committed to providing the top quality FX products and services, including highly competitive 24-hour pricing across a wide range of currencies, to our clients. Our participation on FXall is an important part of that strategy."

Jesper Ronald Petersen, First Vice President, Head of Global Flow, Solutions and E-Trading, at Danske Bank, commented: "As a leading Scandinavian liquidity provider, we know that our clients value FXall's robust trading, workflow and post-trade capabilities. In turn, we have benefited from increased business and a steady stream of high-quality, non-correlated FX flow from FXall's diverse customer base. We look forward to continuing to grow our business on FXall through consistent tight pricing in a broad range of currency pairs."

Click here for the full press release
Back to headlines


Settlement Center transactions double

Volumes on Settlement Center have more than doubled in the first three quarters of 2005 compared with the same period last year. Settlement Center also enjoyed a record quarter in Q3 2005, with volumes 96% higher than in Q3 2004. Growth came from all areas of FXall's client base, with corporates, hedge funds, broker-dealers and asset managers all increasingly turning to the system to handle the complexities of the post-trade workflow.

Click here for full press release
Back to headlines

Provider Announcements

Nordea

Lloyds TSB
Commerzbank

The Nordea internal rate engine and deal flow processes have been optimized, securing a sharp improvement in quoting speed on FXall quote requests.

In addition auto-quoting limits have been increased in majors and Scandies, allowing for a higher percentage of auto-quoted requests, and contributing to a faster quoting process.

Back to headlines


Lloyds TSB Financial Markets has confirmed it is upgrading its eFX infrastructure and installing a new state of the art platform.

The move will see the Lloyds TSB service expand to include new functionalities, as well as rapid, competitive auto-pricing in all major currencies for multi-dealer platforms, including FXall.

Back to headlines


Commerzbank Corporates & Markets (CBCM) is pleased to announce that it has joined FXall as a liquidity provider.

Based on our acknowledged know-how and long experience in FX trading we look forward to offering you our prime service and most competitive pricing in an extensive range of currencies via FXall.

Back to headlines

Jyske Bank

Citigroup
Standard Chartered Bank

Jyske Bank, the second largest Danish-owned bank, is pleased to announce that we are now auto-quoting highly competitive spot, forwards and swap rates in all the major and Scandinavian crosses 24 hours a day.

We look forward working with you and auto-quoting your business. Trade the market with Jyske Bank.

Back to headlines


Citigroup is a leading liquidity provider on the FXall platform for both G10 and EM currencies. We are pleased to further enhance our liquidity support on FXall's QuickFill streaming rates product by providing competitive prices in larger amounts. We invite you to try out Citigroup for your FX dealing needs.

Back to headlines


Standard Chartered is pleased to announce enhancements to its services. Through a tiered pricing structure, applicable to both G10 markets and specialist emerging market currencies, we will reduce spreads as well as increase auto-pricing limits for spot and swap transactions. Standard Chartered is well-positioned to be your foreign exchange partner.

Back to headlines

Barclays Capital


Barclays Capital recently enhanced its valuable BARX via FXall pricing by increasing auto-quote limits across all major currency pairs. In many currencies, these limits have now been increased to over $100M. In addition, Barclays Capital has made significant pricing improvements on BARX via FXall for major crosses.

Back to headlines

Click here to learn more about liquidity on FXall

To make a provider announcement in the next issue of this newsletter, please email: fleur.hewitt@fxall.com

Back to headlines

Contact: Sarah Coombes, Director - Corporate Marketing, Tel: +44 20 7173 9657.
E-mail: sarah.coombes@fxall.com



Learn About: