Hedge Funds
Z.com Global Markets to launch prime-of-prime service
The firm will wind down its retail arm by the year-end
Record builds synthetic FXPB offering
Specialist currency manager will use tri-party model to move securities collateral between banks
Stater to withdraw from prime-of-prime
Launched in 2016, Stater Global Markets has focused on smaller hedge funds and retail brokers
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
Stater Global Markets partners oneZero
The prime-of-prime broker gains access to a network of 200 market-makers and takers
Wall Street vets vie to be BlackRock of crypto
Fund launch uses fundamental analysis to identify value propositions in high-risk industry
Capitolis to go live with FX novation service
Following the launch of the credit-switching service, Capitolis is set to go live with novation in partnership with BlueCrest, Brevan Howard, Citi and HSBC
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
IS Prime reports stunning results
Prime-of-prime provider experiences 900% rise in profits
BNY Mellon looks to re-enter FX prime brokerage, say sources
FX Week understands the US custodian is set to step back into the sector, as Jason Vitale joins the firm
Stater Global Markets announces tactical collaborations
Prime-of-prime brokerage teams up with Integral, FlexTrade, FXecosystem, Abide and more
Singh to lead Sucden's push into prime
Softs broker Sucden looks to build out its institutional credit intermediation service
Global Prime Partners launches structured products business
UK clients will gain access to a range of issuers
PB concentration risk a concern as volatility picks up
Global head of Currenex says the lack of a dynamic FXPB space is a worry as non-bank liquidity providers need access
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models
Invast partners XTX to allow non-PB clients NBLP access
It's a new era, says Invast chief Gavin White on the partnership
BlueCrest sheds traders as it winds down FX vol business
It is believed the decision stems from losses incurred by its foreign exchange business
Acquisition of CFH set to go through on November 30
UK gaming and financial technology provider Playtech is set to buy CFH in a deal worth up to $120 million
Saxo Bank gives PB clients cross-collateralisation tool
Prime broker customers will be able to use a single pool of collateral across London, New York and Tokyo
Traiana builds out PB kill-switch network and credit tool
As prime brokers seek more control, Traiana gets set to launch a dynamic credit-allocation product