Thread: The Five Major ECNs

Here's a brief article about the basics of the way ECNs work and a list of banks that provide liquidity to the primary ones.

http://www.londonfx.co.uk/ecn.html

(Thanks Brad! Rock on, bro! )

This listing is pretty old. Meanwhile Currenex was bought by State Street and Hotspot was bought by Knight Capital.

Can you guys know fxall does more volume then currenex. They're also larger then currenex.

I have read in an euromoney post that FxAll is the selection of several corporate treasury departments, because they offer post-trade services that their competitors dont. There werent any particulars mentioned tho.

Originally Posted by ;

This listing is pretty old. Meanwhile Currenex has been purchased by State Street and Hotspot has been purchased by Knight Capital.

Thanks, shrike. That's good to understand. Would you point us to some more up-to-date listing?

Originally Posted by ;

did you guys know fxall does more volume then currenex.

Do you understand what FXall's average daily volume is? Last I http://www.hedgefundsreview.com/publ...ml?page=463297, Currenex was gt;$100B/daily, though still a far cry from EBS. Too bad the amounts are not reported more often, I am interested to see where FXall, Baxter and Lava live.

Originally Posted by ;

Thank you,. That is very good to understand. Would you point us to some more up-to-date listing?

If you visit the homepages of those companies, they all have a listing of participating banks.

Originally Posted by ;

Do you understand what FXall's average daily volume is? Last I http://www.hedgefundsreview.com/publ...ml?page=463297, Currenex was gt;$100B/daily, though still a far cry from EBS. Too bad the amounts aren't reported more frequently, I am interested to see where FXall, Baxter and Lava reside.

guess i was wrong.

Over 700 institutions have united the FXall platform and our trading volumes continue to rise quickly. Annual volumes exceeded $9.8 trillion in 2006, up from $6.7 trillion in 2005 and $4.9 trillion in 2004.

FXall is integrated to more than 60 of the world's major foreign exchange banks. Between them, these market manufacturers and service providers offer clients comprehensive research and post-trade providers, in addition to the deepest source of liquidity available on the market.

Originally Posted by ;

Here is a brief article about the fundamentals of how ECNs work along with also a list of banks that provide liquidity for the primary ones.

http://www.londonfx.co.uk/ecn.html

(Thanks Brad! Rock on, bro! )

The dining table There's rather old, all of it has been altered 25times ))

Thank you for the info its fine to see which ECN's are using which banks
thanks to your efforts.