Tag Archives: Liquidity

Why now is the time for a fresh approach towards FX technology at banks

In an era where pundits like to predict doom and gloom for banks FX businesses, Integral’s Chief Revenue Officer Vikas Srivastava offers a different perspective that shows how a change in the approach towards technology can allow heads of FX desks to significantly increase their profits – even during the periods of low volatility.

We’re all aware that the size of the FX pie hasn’t been growing. The latest triennial survey by the BIS supports this sentiment, having flagged a decline in FX volumes for the first time in 15 years. After the slow-down in market activity amidst the spate of regulations that the FX market had to contend with it is quite likely that the worst may be behind us. Continue reading Why now is the time for a fresh approach towards FX technology at banks

Currency Trading That Everyone Can ‘LIKE’

Social media changed the way people interact with each other. Now it’s time for FX trading to catch up.

This past May marked the five-year anniversary of Facebook going public, a seminal event that cemented the influence of social media on our lives.

At the risk of heaping too many additional encomiums on the bright people that brought us these networks, it’s not hyperbole to note that the advent of social media has changed the way we interact. People can now very easily reconnect with grade-school friends, quickly share photos of loved ones, and be introduced to new people through mutual friends or shared interests. At the same time, everyone has the option to control their levels of privacy. You can view and share only those things that suit your needs.

The future of trading technology is going in the same direction. Each trader will sit at the center of his or her own universe, controlling what trades to make available to whom. And the best market to demonstrate this new paradigm is the currency market. Continue reading Currency Trading That Everyone Can ‘LIKE’