Infrastructure
Thomson Reuters Matching celebrates 25-year birthday
The first electronic broking platform was born on April 29, 1992
Cobalt signs Citadel Securities and XTX, and gears up for go-live
Distributed ledger technology firm hires support staff, suggesting launch is approaching
MarkitServ sees tenfold hike in NDF clearing volumes
The firm is in a test environment with FX options and believes they are a candidate for Q4
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
360T launches ECN and announces new record volumes
Platform confirms launch of 360T ECN in April; hits all-time high on April 18 and sets record ADV
London retains top spot for offshore renminbi trading
The capital continues to dominate, despite the Chinese currency's overall share of payments shrinking, Swift says
CME Group shuts down CME Europe and CME Clearing Europe
The move follows customers' preference for the exchange's US infrastructure, the group said
MahiFX gains FCA authorisation
Watchdog allows MahiFX to offer products and services in the UK
Cobalt partners LMRKTS and launches BlueSky platform
LMRKTS to make compression algos available using Cobalt’s DL technology-based post-trade FX network
CLS extends payments-netting service to all global currencies
CLSNet, expected to go live in Q2 2018, will comprise 140 currencies
IPC partners TransFicc for low-latency links to multiple venues
TransFicc’s API simplifies the process of connecting to new trading venues and handling vast amounts of data
LSE and Deutsche Börse deal collapses
EU commissioner Margrethe Vestager blocks merger attempt over monopoly concerns
Stater Global Markets announces tactical collaborations
Prime-of-prime brokerage teams up with Integral, FlexTrade, FXecosystem, Abide and more
OTC Exchange Network joins blockchain trade association
OTCXN says it is essential to gain the support of regulators and lawmakers if blockchain is to be widely adopted
Ullink rolls out trade-reporting solution
The product will help clients to comply with Mifid II reporting requirements
Technancial and Ullink offer solution for clearing brokers
The newly launched product helps to monitor the trading activity of high-frequency trading firms using SDMA in near real-time
Pragma announces LD6 expansion
The move enables the algo technology provider to improve services to its expanding client base
TradingScreen opens Frankfurt office ahead of Brexit
The firm aims to increase its European business and cater for existing clients by transferring operations to the continent
Renminbi's share of global payments slides
China's currency holds sixth place globally, but its overall share continues to shrink, Swift says
Singh to lead Sucden's push into prime
Softs broker Sucden looks to build out its institutional credit intermediation service
Tradition and LMRKTS deliver initial margin optimisation
The two firms conducted a live run, resulting in the processing of 132 sides of trades within eight minutes, nine seconds
Global Prime Partners launches structured products business
UK clients will gain access to a range of issuers
Credit Agricole conducts FX forwards with Orchestrade
The bank is migrating all front-to-middle processing of vanilla and structured products to the platform
CLS and TriOptima compress $1 trillion in forwards and swaps
The combined effort to reduce the size of outstanding portfolios crosses the $1 trillion mark in just over one year