Tech and data
Capitolis goes live with credit switching
The technology firm led by Gil Mandelzis aims to achieve a radical market structure shift with the separation of credit and execution
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
Exegy launches FX market data and order-entry solution
Trade Port FX allows market participants to organise FX market access through a single vendor
China's FX reserves rise in March
The $8.3bn increase is a slight turnaround from February’s decline
Renminbi’s share of global payments slides in February
It falls two places to become the seventh most-used currency for global payments, according to Swift
Digital Reasoning secures $30m in new investment round
The firm aims to enhance the capacity of its AI technology to understand human speech
Thomson Reuters launches half-pip pricing in AUD/USD
The move will allow more accurate pricing in the pair amid tight spreads
Thomson Reuters launches bitcoin sentiment data feed
The tool appears in a new version of the firm’s MarketPsych Indices to assist trading and risk management
China’s FX reserves drop for first time in 13 months
PBoC figures show $27bn decrease from a month earlier, driven by exchange rate movements
Capitolis secures $20m in extra funding
Led by former Traiana and EBS BrokerTec CEO Gil Mandelzis, Capitolis seeks to offer products that overcome capital market inefficiencies
Algos to blame for 2015 Swiss volatility
Bank of England staff paper analyses Swiss franc event of January 2015 and concludes algorithms were consumers of liquidity overall
Market participants call for more TCA disclosures
The cost of TCA is negotiable, but the billing method should be disclosed, says one market participant
Citi to hire technologists for London innovation hub
The London lab will initially employ 75 people
CLS launches FX forecasting tool
The new data product will give market participants indications of future price moves, based on CLS historical data
China’s FX reserves rise for twelfth month
PBoC figures show $21.5 billion increase, bringing total reserves stockpile to highest level since September 2016
Renminbi payments drop in December
The Chinese currency is once again the fifth most-used for global payments – Swift
Integral expands market data service to 14 cryptocurrencies
Financial technology firm hopes to provide a more accurate reference price for major cryptocurrencies
FastMatch launches two new order types
The venue also makes changes to its system to improve market data rates
Citi: the bank of 10,000 technologists
The bank's Tel Aviv-based fintech Accelerator programme has seen over 70 start-ups attract more than $300 million in VC money
Bundesbank to include renminbi in reserves
Onshore renminbi jumps to strongest level against the dollar for more than two years, following comment from Germany’s central bank
Long Blockchain to merge with Stater
The combined company will focus on providing blockchain technology solutions to financial markets
China’s FX reserves reach highest level since September 2016
PBoC figures show $20 billion increase, bringing total reserves stockpile to 14-month high
Renminbi payments jump in November
The currency overtakes Swiss franc and Canadian dollar as sixth most used for global payments – Swift
BNY Mellon: regulation to continue driving markets
As regulators and market participants evaluate Mifid II compliance