Foreign exchange (FX)
Ion Forced to Split Broadway, Keeping FX
The remedy will satisfy the UK competition watchdog—but “a big defeat” for the acquisitive tech giant.
Multicast: The ‘Holy Grail’ for Getting Exchanges to the Cloud
Cloud providers are hunting for a way to bring multicasting to the cloud for low-latency market data distribution, unlocking the gateway for traditional exchanges to shift core infrastructure to the cloud without negatively impacting high-speed trading.
oneZero Expands into Institutional Market
The vendor has been adding members to its team with buy-side and wholesale broking backgrounds.
Refinitiv Combines Two Coronavirus Eikon Applications
The data giant is enhancing its pandemic coverage, as it sees a surge in demand for data making sense of a volatile new world.
NatWest Markets Restarts Rollout of Axe Data Add-In After Covid-19 Disruption
The bank has partnered with ipushpull to develop an Excel bolt-on for clients with axe data who do not have access to Symphony.
Ion’s Wrists Slapped in Probe of Broadway Deal
The competition watchdog extends its initial investigation after Ion failed to comply with a call for info.
CLS Assembles Data Science Team to Decode FX Volatility
The information services division at the FX settlement specialist is recruiting data analysts for a special project.
Bad Clocks Block FX Best-Ex
To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t.
This Week: JP Morgan/Limeglass, Trumid/Citi, Numerix, ExpandAlpha
A summary of some of the past week's financial technology news.
Deutsche Bank's Bezuidenhout Explains Symphony, WeChat Usage for Trade Queries
The bank is looking to extend this feature to other asset classes in the future.
MarkitSERV Delays Credit Rollout for TradeServ Platform
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
TP Icap Preps African Data Package
The broker's new dataset covering the region is in response to increased client demand for data on sub-Saharan Africa, and increased investment in the region.
LSEG's Proposed Refinitiv Deal: It's About More Than Just Market Data
What does the bourse’s planned purchase of the data giant mean for clients and the industry going forward?
The KYC Headache Worsens: An Examination of the Onboarding Process
Despite technological advancements, the onboarding process is still a slog. Banks and vendors are trying to change that.
Kooltra Launches Cloud-Based Back-Office Tool for FX Market
The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.
CLS Appoints Central Banker as CEO
Marc Bayle de Jessé brings markets infrastructure and payments experience to CLS.
Greenwich Analytica Taps Ex-Bank IT Exec Cohee to Lead Finance Practice
Cohee highlights cloud, big data and machine learning as disruptive changes forcing innovation at financial firms.
ParFX Plans Push into Derivatives
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
Cobalt Expands with New Hires
The vendor recently entered into a partnership with IHS Markit for post-trade services in currency markets.
CLS Sees Growing Buy-Side Demand for FX Settlement Risk Solutions
Buy-side participants are now more aware of the risks associated with FX settlement, and are getting more involved in managing them.
JP Morgan's FX Algo Tool Launches on Bloomberg Terminal
Algo Central helps manage FX algo execution in real time.
HKEx Adopts Traiana FX Clearing Solution
Market participants can now clear deliverable FX trades regardless of how they were executed.
MOEX Selects Integral’s Platform
The partnership is said to provide MOEX clients with a low latency platform for accessing a diverse liquidity pool for FX.