Infrastructure
Platform capacity issues raise liquidity concerns
Liquidity providers concerned that ECNs are struggling to cope with amount of data going through venues
Hotspot rebrands as Cboe FX
As its parent company becomes Cboe Global Markets, following CBOE’s acquisition of Bats Global Markets
Earthport partners Broadridge to host FX and cash-management processing
Broadridge FXL erases many manual processes, boosting scalability
BBVA and Bancomer deploy DLT-based FX matching pilot
Launch follows successful proof-of-concept in collaboration with Calypso Technology and R3
SGX sees 75% of listed CNH futures volume, Lam says
Singapore Exchange boasts 200% growth year-on-year in renminbi in August; hits two consecutive records for Indian rupee in September
CLS settled volumes rise 11% in September
Spot, forwards and swap volumes picked up pace compared with August and September last year
Salmon warns of algo risks
BoE's Chris Salmon cautions against lack of transparency brought in by automated high-frequency trading
Earthport to provide cross-border payment services to SECB
Headquartered in Frankfurt, SECB Swiss Euro Clearing Bank is a major euro payments-clearing hub for Swiss banks
Broadridge's Davis: Everything we do is for our customers
Chris Davis, VP of global sales at Broadridge Financial Solutions, the winner of the Best Post-Trade Services Provider category at the 2017 FX Week e-FX Awards, says quality of service is at the heart of everything the company does
We're definitely not playing catch-up – CACIB's Shuster
Credit Agricole's global head of foreign exchange says investment is paying off and it plans to roll out algos in 2018
R3 launches Corda 1.0
It follows the open-source release of the platform in late 2016
BidFX commits to Global Code
The TradingScreen-owned platform reviews and realigns practices to fully adhere to the principles
Integral introduces flat fees on OCX
The venue will charge $2.75 per million per side on its open currency exchange platform
FXSpotStream hires San Pietro; adds State Street
Tom San Pietro, former CEO of LavaFX, joins FSS in newly created role
SGX hits records in rupee and renminbi futures
The exchange prints USD/CNH record on September 8 and sees INR/USD futures reach new highs on September 22
Hotspot commits to FX Global Code of Conduct
CBOE-owned platform becomes the second FX venue to signal its commitment
RBC Capital Markets partners BestX for TCA
The Canadian bank is the latest FX dealer to sign up for the transaction cost analysis service
CME to launch spot FX basis spreads
The CME FX Link will create the first central limit order book between OTC spot FX and CME FX futures
Investec joins TraderTools liquidity network
Specialist bank gains access to more than 60 liquidity providers
London Stock Exchange Group boosts LCH stake
LCH’s activity has ballooned over the past 12 months, with its ForexClear platform clearing more than a trillion dollars’ worth of non-deliverable forward trades in August
CLS announces major strategy shift
The settlement utility will diversify into processing and data to become a business with three major service areas
LCH SwapAgent completes first trades
Citi and Deutsche Bank executed the first trades, a Swiss franc-denominated interest rate swap and euro-denominated inflation swap
TradAir upgrades full-amount functionality
Changes will provide direct relationship-based liquidity to clients and optimise the execution between sweepable and full amount liquidity
CFH Systems opens regional office in Singapore
The office will be headed by Alex Mackinnon, who gains overall responsibility for Asia