Infrastructure
JP Morgan in e-FX build
LONDON – JP Morgan is continuing to build up product capabilities on its internally developed single-dealer system, MorganDirect, after switching off the pre-existing AVT-based system JPex last month.
OCL provides STP feed handler to Gain GTX
LONDON - Option Computers today (April 26) announced the release of a straight-through processing (STP) feed handler for electronic communications network Gain GTX.
Bank of Canada salutes CLS
TORONTO - Bank of Canada became the latest monetary authority to publicly champion the success of industry utility CLS in ensuring the smooth operation of the foreign exchange market during the financial crisis.
RBS to go live on CLS/Traiana JV
Royal Bank of Scotland is set to become the fourth bank to go live on the CLS/Traiana joint-venture trade aggregation service by early May, according to a person familiar with the situation.
DealHub releases FX liquidity aggregation GUI
LONDON - Two banks are evaluating a foreign exchange liquidity aggregation graphical user interface (GUI) developed by OCL Computers, being marketed broadly by the vendor today, officials have told FX Week.
Calypso signs Record Currency Management
LONDON - Currency specialist Record Currency Management will go live with middle- and back-office systems from Calypso in the third quarter, following a nine-month implementation process, the vendor announced today (April 12).
Morgan Stanley: Prioritising FXPB
Competition in the foreign exchange prime brokerage market remains competitive, as new businesses fill the vacuum left by the withdrawal of incumbent providers and clients spread counterparty risk following the 2008 credit crisis.
Exchange-traded forex products up in Q4 2009
Carry traders return to market
TXC's second client in testing
Incubator gains second client, garners interest in Asia
Morgan Stanley snaps up CFH for FXPB
Morgan Stanley signs key client amid aggressive build-out
Thomson Reuters buys Aegisoft
Thomson Reuters today announced the acquisition of electronic trading technology vendor Aegisoft.
Citi and Morgan Stanley live on CLS/Traiana JV service
Dealers act to cut costs and operational constraints
TXC adds Tokyo co-location site
High-frequency trader live on new service.
StreamBase revamps CEP
Technology vendor in CEP upgrade
Morgan Stanley FXPB signs up six for Reuters
US bank continues rapid rate of growth