1109, 2017

FX: R5FX to launch new clearing model as NDF trades soar

Solomon Teague from Euromoney talks with Jon Vollemaere about the growth of clearing NDF trades, and how this is one of the drivers behind R5 building R5C3 (Central Credit and Clearing), which brings together spot and NDF trades on the same platform.

A few of Jon’s comments –

“(R5C3 also supports […]

1107, 2017

SINGAPORE STAVES OFF THREATS TO ITS FX CROWN

Paul Golden from Euromoney talks with Jon Vollemaere (R5), Michael Go (Thomson Reuters), Harpal Sandhu (Integral), Geoff Ward (NEX), Dongyal Lim (CMC Markets) and Emmanuel Pelle (BSO) about how Singapore is responding to the threat posed by the growth of Hong Kong and Shanghai – all competiting to be Asia’s largest FX trading centre.  

Some […]

407, 2017

ASIFMA – CHINA FX – IT’S NOT BLACK AND WHITE

Jon spoke at ASIFMA’s 7th China Capital Markets Conference, held recently in Hong Kong. The panel’s title was “China FX & Local Rates: Trends and Opportunities”

The panel was moderated by John Ball (GFMA), who looked at how to develop deeper, more liquid hedging instruments, onshore and offshore hedging strategies, and methods to improve electronic execution […]

407, 2017

R5 AT THE INTERNATIONAL FINTECH CONFERENCE

R5 recently exhibited at the International FinTech Conference. Held in London, speakers included Mark Carney and Philip Hammond.

We were greatly honoured to be selected by HM Government as one of the 100 best UK FinTechs. You cannot apply, you can’t enter a competition, it’s not based on advertising or tweets. The list was […]

2305, 2017

FX: PRAGMA UNLEASHES ALGO TRADERS ON NDF MARKET

Solomon Teague from Euromoney talks with Jon Vollemaere (R5), David Merchner and Curtis Pfeiffer (Pragma Securities), and William Black (Credit Suisse) about the potential yields in the NDF market and the launch of algo-trading in EM – all good for market liquidity.

Some of Jon’s comments –

“Anyone with dropping G10 volume is looking at ways to […]

2701, 2017

EMFX IN THE SPOTLIGHT: JON VOLLEMAERE

A few years ago I was approached by two banks who were being asked by their clients to make emerging market (EM) currencies available on their e-FX platforms. The problem for the banks was that there was no reliable emerging market price feed on which to base their prices, and their traders highlighted all the […]

2601, 2017

AUSSIE BANKS LOOK TO HEAD OFF COMPETITORS IN eFX

In Emerging Markets Australia is seeing increased business in RMB and INR

Adam Gazzoli, R5’s business development manager, describes the AUD/RMB cross as the “next big thing” in the Australian FX market, despite data from Peter Lee Associates’ annual FX survey showing that AUD/USD accounts for 89% of FX activity amongst the country’s highest volume customers.

AUD/INR […]

1812, 2016

2017: ONES TO WATCH IN THE FINTECH SPACE THIS YEAR

Volatility may come with the territory for financial technology companies, but the seismic events of 2016 have shaken even seasoned observers. From Brexit to Trump, and with ongoing concerns around security, it has been a year of great upheaval in many markets.

R5 CEO Jon Vollemaere believes we can expect more of the same in 2017. […]

412, 2016

THE CHANGING FX MARKETPLACE

Two weeks ago we took part in a great panel entitled “The Changing FX Marketplace” at Mondo Visone’s Exchange Forum in London.
The main question asked was whether the FX market would move from being mainly OTC to being traded on exchange. This is in light of increased global regulation, calls for better […]

2211, 2016

WHAT’S NEXT IN THE RMB GROWTH STORY?

Profit & Loss, by Galen Stops

It was no surprise when the latest Bank for International Settlements (BIS) triennial survey showed that the average daily turnover of RMB has grown from $120 billion in 2013 to $202 billion as of April 2016, an 81.8% increase.

This also means that the RMB has doubled its market share as […]