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 […]
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.
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. […]
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 […]
R5FX has been nominated for Best Foreign Exchange Trading Platform by Financial News
We fully agree with the Financial News when they say….
“The challenge for many trading platforms – both new and incumbent – is that they often target exactly the same market segment as their competitors and struggle to gain sufficient volume to remain viable. […]
R5 Highly Commended for e-FX Initiative of the Year
R5, the emerging marketplace for local market FX trading, today announced that Jon Vollemaere, CEO of R5, has been awarded the e-FX Achievement Award by FX Week magazine.
In addition, R5 was Highly Commended in FX Week’s e-FX Initiative of the Year category.
FX Week awards recognise industry excellence […]
By Eva Szalay –
The electronic venue for emerging markets earns praise for its wide impact
Emerging markets (EM) have two major advantages over developed currency pairs: margins and growth potential. The space, which sees between $80 billion and $120 billion of turnover a day, has until recently been largely untouched by electronic trading, with the […]
By Paul Golden
Curbs on risk-based activities and internalization of client trades are pushing growth in non-bank market making in Asia, but such activity is not without challenges.
Non-bank market makers have yet to grab meaningful market share across Asia as a whole, with the Euromoney FX Survey 2016 noting the top 10 players in Asia remain […]
Jon Vollemaere talks with London Fintech Podcast about the journey from startup to serious player, and the pros and cons of being labeled a “Fintech”