Infrastructure
Crypto revolution creeps slowly into institutional space
While cryptocurrencies have taken the retail world by storm, institutional investors stay cautious
TradAir goes live with crypto technology
BlockFills is the first to white-label the technology provider’s cryptocurrency platform
Buy side spends big on OMS/EMS, says Greenwich Associates
Nearly a quarter of buy-side firms’ technology budgets go on accessing these tools, survey finds
Aite Group: aggregation and workflow key for buy side
The financial consultancy recommends buy-side participants and technology vendors focus on six key areas
360T and FXall enter price-distribution deal
Banks using 360T’s price engine will be able to price FXall customers, as well as clients on the Deutsche Börse-owned venue
MarkitServ connects to Asigna for clearing Mexican peso
New connection enables a standardised workflow and connectivity for clearing Mexican peso TIIE 28 swaps
Banco Monex becomes first Mexican member of CLS
The bank is the only CLS settlement member in one of Latin America’s largest FX trading centres
Solid FX firms up expansion plans
New chief Patrick Fleur tells FX Week about the platform’s priorities for the year ahead
FX under one umbrella – the Kölzer plan
Carlo Kölzer, 360T’s chief and Deutsche Börse’s head of FX, tells FX Week about his plans and ambitions for the venue
360T buys GTX
The move will expand 360T’s footprint in the liquidity provider-to-liquidity provider space and financial institutions segment
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
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
LMAX launches crypto exchange
As institutional demand for cryptocurrencies heightens, LMAX extends crypto Clob trading and firm liquidity to market participants
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
OTC derivatives values fall to 10-year low – BIS
The most recent slump continues the retreat from gains witnessed in the first half of 2016
SGX invests in Cobalt
Asian exchange’s investment reinforces those made by Citi and others over the past two years
Societe Generale adds BestX to TCA suite
The independent transaction cost analysis tool will complement the bank’s own TCA product for algo-executed trades
Dah Sing Bank to use Fenics for FX options
The regional bank will use Fenic’s services to run its FX options pricing and distribution
triReduce enhances compression
The firms says the new Trade Revision functionality can improve compression efficiency by up to 50%
M&G selects 360T for FX
The UK investment manager has chosen 360T as its workflow technology provider for FX order handling and execution
CLS volumes dip in March, but it’s a record Q1
The settlement utility records average daily volumes of $1.87 trillion for Q1 2018
BoJ prepares to link settlement system with Hong Kong
The connection will provide a new pathway for Japanese banks to obtain Hong Kong dollars and cut the exchange-rate cost
JP Morgan invests in AccessFintech
The risk management services firm, led by Roy Saadon, will work with the bank to test its technology
Elysium partners Cryptalgo for cryptocurrency trading solutions
The firms introduce the solution to financial institutions as interest in digital currencies rises