Tech and data
China FX reserves rise 10 months in a row
PBoC figures show $10 billion increase, bringing total reserves stockpile to 13-month high
Pragma calls for flash crash definition
Technology provider Pragma says systematically tracking flash crashes according to a set of criteria could help regulators
Renminbi's share of payments drops 19% in October
Chinese currency slips behind Swiss franc and Canadian dollar as seventh most-used currency for global payments – Swift
Buy side should create central tape, panellists say
Internalisation and analytics were the focus of discussion for an occasionally tense panel
Fluent partners Moex for FX integration and testing
Low-latency provider will streamline secure access to Moex UAT integration and testing environment
TCA isn't a box-ticking exercise, panellists say
Mifid II has brought workflow and analytics to the forefront, delegates hear at FX Week Europe
CME launches analytics tool with Kalahari
Shows pricing of CME FX futures compared with OTC prices; can be broken down into spot, forwards and swaps
FastMatch opens FX Tape to public
Data service attracts a monthly cost of €40
China FX reserves rise for ninth consecutive month
PBoC figures show $700 million increase, bringing total reserves stockpile to 12-month high
Flow Traders aims to become a leading FX liquidity provider
The Dutch market-maker has partnered MarketFactory to make a push into the currencies space
R3 to unveil real-time payments prototype
The aim is to improve the speed and efficiency of global transactions
BestX launches reporting module, partners NAB
The Australian bank is the latest FX dealer to sign up for the transaction cost analysis service
New Change FX offers mid-rate in NDFs, forwards and restricted currencies
Announcement comes ahead of implementation of Priips rules on January 1
Cobalt chooses Solace for post-trade information processing
The move aims to guarantee incoming messages can be processed consistently, especially during bursts of heightened market activity
Baton joins Nex Infinity as first third-party provider
High-speed payments firm offers its service on the Infinity platform
IBM to launch blockchain-based payment solution
Initially available in the Pacific region for KlickEx clients, IBM plans to expands the network across the globe in 2018
Salmon warns of algo risks
BoE's Chris Salmon cautions against lack of transparency brought in by automated high-frequency trading
China FX reserves rise for eighth month running as yuan fortifies
PBoC figures show $17bn increase, bringing total stockpile of reserves to 11-month high
Nex Markets launches new analytics tool
Nex Quant Analytics will use benchmark data from the EBS ecosystem to deliver real, measurable insight for clients
FX Tape free until volumes hit $100bn a day, Galinov says
Data will be aggregated and slightly delayed
Northern Trust: algos give power to clients
The release of an FX algorithm suite in June ushered in a new era for the custody giant
Renminbi’s share of global payments rises slightly in July
China's currency retakes fifth place, but its overall share shrinks again, Swift says
Symphony's Gurle: the best is yet to come
Firm targets asset managers this year and aims to expand in Asia, Japan and Australia, CEO David Gurle tells FX Week
Cartledge: Direct is moving to single-ticket execution
“We don’t know if the order is for the full amount or not, so we don’t want to call it full-amount trading," says Cartledge