Infrastructure
CLS sets go-live date for Hungarian forint
CLS and Hungary's central bank launched the forint project in February 2014
CME changes rules on renminbi futures contracts
The higher trading ranges reflect changes in volatility for the onshore and offshore renminbi
Hotspot targets Europe and Asia with London FX matching engine
Hotspot’s new engine gains $1.2 billion single-count trading volumes in its first full week
Saxo opens up trading infrastructure
Third parties will gain access through OpenAPI, which covers the entire trading life cycle
EBS BrokerTec draws fire for unbundling and hiking fees
Banks object to the decision by Icap’s EBS BrokerTec electronic FX and fixed-income platform to unbundle its EBS Live data feed and EBS Ticker Service data licence product from October 1, while introducing an inflation-related 3% rise for the latter
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks
TraderMade launches price-verification tool
The independent price-checking tool is aimed at buy- and sell-side market participants
Currenex launches London matching engine
Currenex's rollout will be followed by rival Hotspot's London-based matching engine kick-off
TR Matching launches half-pip pricing in EUR/USD
And slashes data update frequencies to 100 milliseconds
Market surveillance: the devil is in the detail
Nigel Farmer of Software AG describes the main considerations required for effective market surveillance
Markit launches electronic confirmation services for FX
The service matches FX option trade terms to generate legally binding confirmations, recorded centrally
CLS develops cleared FX settlement service with LCH.Clearnet
Designed specifically for central counterparties and cleared FX products, the service aims to minimise risk in the industry
EBS BrokerTec creates new management team
Phil Harris joins from Nasdaq
Credit Suisse pulls out of FXPB
Swiss dealer the latest to exit prime brokerage business
360T sells to Deutsche Börse for over €700 million
As exchanges continue the push into FX trading
ParFX to introduce decimalised pricing
And adds the Chinese renminbi - the first non-CLS unit - to its universe of currencies
Thomson Reuters' data plans face backlash; delays randomisation plans
Proposed plans to launch a UDP multicast feed in Slough raise the spectre of data arbitrage and a latency race
FXSpotStream launches new GUI
As the firm continues to expand, it unveils a new HTML5 graphical user interface, enabling clients to access liquidity from 11 FX banks
Panellists call for more standardisation in FX
FX Week USA conference delegates hear suggestions for market structure challenges
Bank e-FX initiative of the year: ANZ
Regional bank transforms its FX business to become the top market-maker in AUD, NZD and CNH
Best trading technology vendor: Barracuda FX
Dublin-based order-management system provider takes top spot
Best professional e-FX trading venue: FXSpotStream
Focus on scalability and flat fees to cut unnecessary costs pays off
Most innovative e-FX trading platform: Morgan Stanley
Substantial investment in Matrix pays off for US bank
Thomson Reuters Matching suffers outage
The FX platform had issues yesterday with data updating