The companies, products and regulatory developments shaping the broker industry.
24X says institutions will face Standard Chartered on new BTC and ETH prime-brokerage trades, while the Bermuda venue handles matching and processing; the operating rollout is not fully quantified.
The reconstructed ratio rose to roughly €4.75 per $1 million traded, but it combines pricing, product mix, ancillary revenue and currency translation.
Cboe reported $27.7 million of Global FX net revenue, $61.1 billion in average daily notional volume and a $2.91 per-million net capture measure.
Simon Gallagher succeeds Nicolas Jégou at Euronext FX while retaining senior group roles; the change is separate from Euronext’s wider group CEO succession plan.
The multibank venue reports $163.22 billion in overall daily average trading, with spot and non-spot volumes both easing month on month while remaining above October 2025.
Aqua's banking-software customers gain a route to StoneX currency conversion and international payments; the announced reach is 140-plus currencies and more than 180 markets.
FXSpotStream reports $163.22 billion in combined daily activity during October, with spot and other products both easing month on month. Its single-count statistics require like-for-like comparisons.
MultiBank Exchange Holding announces a new predominantly Emirati board and more than $500 billion of October trading, alongside a 400-nanosecond matching-engine claim that lacks independent benchmark detail.
A September integration adds a specialist liquidity network to institutional customers’ existing FXall workflow, without proving superior fills or completing future automation plans.
The 15 October announcement extends an existing institutional connection for pricing, execution and analytics.
The extension connects conditional release of deal funds with payments across currencies and jurisdictions.
The payments infrastructure group has added a trading interface, direct API dealing and a route into a multi-dealer venue, with FX supplied through licensed partners.
The 13books-led investment backs broader market coverage and platform development. The business already connects institutional clients with more than 60 market makers and offers trading without platform taker fees.
The deeper integration is intended to connect portfolio activity with FX pricing, execution and analytics, extending SGX FX’s access to institutions using Aladdin for their investment workflow.
The 1 October launch brings institutional FX pricing and support into Asian market hours, alongside seven additional offshore-renminbi pairs. Singapore’s trading figures show the scale of the regional market.