Infrastructure
Invast partners XTX to allow non-PB clients NBLP access
It's a new era, says Invast chief Gavin White on the partnership
Gain Capital launches money transfer service
New service allows customers to transfer 20 currencies to 200 countries
Erste joins TraderTools' liquidity network
The bank will make prices in Eastern European currencies
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
Renminbi's share of trade finance slips
Euro overtakes the redback, but all currencies fall in value, according to Swift
Swift seeks to add more services to stay engaged with clients
Head of securities and FX says value-added services will be a focus in 2017
CLS volumes dip in October
Volumes were down 1.4% from September and $135 billion off the highs reached in June
FCA approves Tullett Prebon acquisition of Icap's IGBB
Finalisation of the transaction remains contingent upon regulatory approval
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
R3 creates proof of concept for shared KYC service
Ten global banks work with R3 using distributed ledger to build concept for know-your-customer registry
CLS sees spike in input volumes as FX traders battle markets
Volumes in the Mexican peso were at 63 times average between 02:00 GMT and 03:00 GMT
CFETS joins R3-led project
The number of participants has risen to more than 60 since its September 2015 launch
CLS upgrades infrastructure channel for settlement members
A new member gateway based on Swift ISO standards is expected to save up to $500,000 per settlement member
Renminbi's share of payments rises slightly in September
Swift finds 57 countries have crossed the 10% threshold for direct payments in the renminbi
First commercial DL solution to handle 1.4bn daily transactions
Digital ledger technology will be front and centre of the post-trade battleground
Citadel Securities provides liquidity for Invast Global
Invast Global's PurePrime facility offers bespoke, optimised FX and CFD liquidity, with multiple trading GUIs
TriOptima and SwapClear include first client-cleared trades
Eighteen participants in compression cycle for Canadian dollar interest rate swaps, eliminating $1.05trn in notional principal
Taiwan Futures Exchange adds euro and yen
With the two new futures contracts, Taifex broadens FX offering to include its first two G10 pairs
Pragma completes NY5 migration
The data centre move concludes a multi-million-dollar upgrade of the firm’s technology infrastructure
CFH Systems buys Capital Market Automation Provider
CFH to acquire CMAP’s 49% stake in its organisation, following last year's joint venture
Shanghai Futures Exchange rolls out market surveillance
The new system will be powered by Nasdaq's Smarts Trade Surveillance
Edgewater launches matching engine in Mexico City
Another sign that the institutional FX liquidity provider is moving forward with its expansion in emerging markets
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
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says