Infrastructure
EBS to open NDF pool to non-bank players
Trading platform makes high-level decision to give prime brokerage clients access. Timing and details to come
Beeks launches self-service portal for buying connectivity
Beeks Marketplace allows institutional clients to find and purchase connectivity. The UK-based provider plans to add third-party products to its offering at later date
Renminbi use in South Africa surges
Payments in the currency soar by 65% over the past year
Russell expands execution platform again
The asset manager gives access to clients using the order-management system from Eze Software
MAS looks to overhaul payment systems
City state has access to some of the most advanced payment systems, but cash and cheque usage remains high
Banks trial distributed ledger for trade financing with R3
Firms are keen to move from paper-based to digital contracts
Cobalt enters beta-testing phase with DL platform
Post-trade venue expected to go live in 2017, with eight institutions already signed up
Northern Trust partners BEx to improve FX offering
Clients' evolving trading strategies and the need for more sophisticated expertise are behind the asset manager's decision
FastMatch to roll out market impact rule month's end
With new matching rules, the platform will be using tools that automatically select liquidity providers that create no market impact after receiving orders
Mahi looks to be strategic risk manager for retail brokers
Appointment of Nick Mortimer comes as technology company prepares to push its Compass offering to the retail segment
Rules of conduct and the e-trading challenge
With the Global Code of Conduct set to look at e-trading, the industry must ask how this growing area can best be governed
Platform volumes dip in July, but grow year-on-year
ADV inch lower for institutional FX venues after a Brexit-boosted June, but there is still growth, compared with 2015
World must prepare for takeoff of renminbi transactions
A more flexible renminbi will inevitably lead to the currency's increasing adoption in daily dealings, says HSBC
FlexTrade opens Frankfurt office
Brexit and the firm's strategy of establishing a local presence motivates the decision
Global renminbi adoption slows in June
Decline continues in the internationalisation of China's currency, overtaken by the Canadian dollar in payments by value
Abide Financial partners Corvil
Clients will gain top-class precision in time-stamped transaction reporting and full compliance with Mifid II
DMALink and ADS seal FXPB clearing deal
The platform's clients will gain access to sustainable credit and clearing services
CLS to offer aggregated FX trade data via Quandl platform
The partnership will enable subscribers to access hourly, daily and monthly reports
More PBs could pull out come September, panellists say
"How far can repricing go without actually constraining and choking that entire market?" asks JP Morgan's Choussy
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Wells Fargo becomes latest member of CLS
Settlement volumes rose 12.6% in June to stand at $2.56 trillion
Financial market infrastructures get cyber guidance
CPMI and Iosco say FMIs can be a major channel through which certain financial shocks can spread across domestic and international financial markets
FlexTrade opens office in Australia
The multi-asset system provider aims to pick up some business as retirement funds Down Under look elsewhere for returns
Best Liquidity Aggregation System: TraderTools
The technology provider has carved out a niche for itself among Tier 2 banks