Infrastructure
Bats Hotspot prepares outright FX forwards launch
New product could get rolling in the autumn
XTX picks Abide Financial for transaction reporting
Non-bank market-maker chooses post-trade partner
HKEX promotion aims to boost new contract uptake
EUR/CNH, JPY/CNH, AUD/CNH and CNH/USD futures contracts went live on the exchange on May 30
CME and CloudMargin offer collateral-management service
Customers will gain access to a consolidated view of their collateral inventory
NAB goes live with FX OMS a week after platform launch
National Australia Bank launched starXchange on June 2
FXCT project signs up 10 partners
Galinov-led central tape initiative expected to go live this year
Icap clinches $65m CFETS deal
Icap-owned EBS BrokerTec will provide technology for fixed-income and FX electronic execution services in China
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
Icap launches EBS Treasury
The platform, born from the ashes of Icap's MyTreasury, supports FX spot, forwards and swaps trading
Saxo Bank signs partnership with Lufax
The partnership with the online marketplace, which has 21m registered users, is the bank's second in Greater China this year
ADS sees $1.3 trillion credit gap as it launches prime-of-prime
ADS Securities says it is ready to step up to fill the gap left by FX prime brokers with a true PoP service
Hotspot set to charge for connectivity from July 1
London matching engine half the price of New York as venue seeks to build European presence
FXSpotStream's Schwarz eyes FSS model roll-out away from FX
No concrete plans yet, but rates and credit 'would make most sense', Schwarz says
TradAir and Elysium partner to launch front to back FX solution
Post-trade services provider Elysium and e-FX front-office specialist TradAir enter into alliance
April CLS volumes point to higher BIS figures
Bumper month will be basis for BIS triennial survey; ticket sizes likely grew as instruction number fell but value rose
Icap announces post-merger name
Once the interdealer broker sells its global broking business to Tullett Prebon, the new company will be called Nex Group
Non-bank LPs boosted by TCA developments, study finds
Financial consultancy Greenwich Associates sees counterparty diversification as a strong trend
MahiFX launches buy-side execution tool
MFX Vector and e-FX Engine Room are the latest roll-outs from David Cooney's company
FXSpotStream reveals traded volumes for the first time
The trading venue’s numbers for 2016 are looking good
Otkritie Capital to join IPC's markets network on the cloud
The move will facilitate market participants' access to the firm's services in the Russian market
Broadridge acquires Dojima to boost derivatives clearing
Capping what Broadridge calls its "best-of-breed" offering for exchange-traded derivatives
ThinkLiquidity partners FX Bridge
Deal aims to strengthen risk management offerings for brokers
FastMatch to penalise liquidity providers that impact market
The changes, taking effect in the third quarter, aim to push away those who move the market after receiving an order
Moscow Exchange rolls out deliverable ruble futures
USD/RUB, EUR/RUB and CNY/RUB will now be available