Tech and data
Best e-FX Software Provider: Fenics
Flexibility and a focus on Asia allows rapid expansion of client footprint
Best Independent Algorithmic Trading Technology Provider: Tradepoint Systems
The transparency provided by the FX algo built by FX people wins over the sell side and regulators
Best e-Surveillance Solution Provider: b-next
The benchmark scandal fallout and MAR powers demand for surveillance and monitoring, despite the cost
Best Bank Algorithmic Trading Technology Provider: BNP Paribas
Fourth-generation algos provide access to the data the strategy uses during execution for maximum control
FXCH clears first institutional FX spot trade on blockchain
FX Clearing House from Ireland-based Baxter FX sets its sights on becoming the go-to CCP for all spot FX participants
Brazil's Bradesco joins R3's blockchain exploration
R3's quest to find broad financial use for the technology is growing across regions
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
China’s FX reserves sink to lowest in four years
Reserves fall by $27.93 billion to $3.192 trillion in May
Dairy demand data available for FX traders for first time
Global Dairy Trade publishes data that is often behind Kiwi dollar moves
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
Record submissions for this year's awards
Shortlist of the 13th FX Week e-FX awards announced
Cochrane leaves ITG
FX TCA head exits the firm after four years
Equinix to double capacity in Europe
The increase follows its acquisition of data-centre company TelecityGroup
Fed refrains from intervening in Q1, but valuations push reserves up
Despite the Fed not intervening, US FX reserves rose on the back a weakening US dollar
BestX aims to become market standard for best execution
Plans to launch post-trade product on September 5 and pre-trade tool in January 2017
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
Lucera reshuffles senior ranks
Loveless heads into consulting while Lucera plans Asia expansion
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
Broadridge launches post-trade tool for sell side
The technology can be used to build a consolidated enterprise platform across the business and asset classes
Seabury expands relationship with Spotex
Spotex aims to grow market share, while Seabury's clients gain liquidity and technology boost
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
Financial clients fear cyber threats and Asia slowdown
Cyber risk retains its top spot as the big concern for participants, but worries over macroeconomic issues are hot on its heels
Symphony to unveil external chat function in June
In an interview with FX Week, CEO David Gurle says the user base will grow significantly this summer