Tech and data
Multiple repositories will protect against technological failure
Regis-Tr will roll out its reporting services for foreign exchange in mid-November
RMB’s rise to reserve currency status accelerates
The possibility that renminbi will become a reserve currency in its own right appears to be becoming a reality, as a number of central banks have begun to diversify into the Chinese currency. Chiara Albanese reports
Profile: Credit Suisse Advanced Execution Services
Credit Suisse is one of a number of banks to have invested heavily in its algorithmic trading capabilities over the past decade. Clive Davidson talks to the bank’s algo trading team to find out how it plans to leverage its success in equity and FX…
Central banks shy away from euro reserves
New data from the IMF’s currency reserves database suggests reserves accumulation has slowed during 2011 and the appetite to hold euro reserves has also waned, particularly on the part of emerging market central banks
Gain launches new voice-trading desk
Gain Capital's GTX institutional offering adds a new phone-based execution service
Dispelling the myths of HFT
Central bankers can no longer ignore the impact of high-frequency trading on the FX market
e-FX success hinges on user experience as much as pricing, say banks
Lloyds Bank Corporate Markets became the newest entrant to the e-commerce space earlier this month with the launch of its Arena platform. Miriam Siers talks to banks and technology firms to find out what differentiates platforms in this competitive space
RBC to roll out cross-asset e-trading platform
RBC DX will replace incumbent platform and cover FX, fixed income, money markets and deposits, officials tell FX Week
MarkitServ beefs up FX offering with Logicscope acquisition
Tie-up of two vendors will accelerate MarkitServ's push to offer FX clearing services including trade matching and connectivity to clearing houses
FXall launches EQA benchmarking tool
Execution Quality Analysis is formally rolled out for institutional FX traders, following a 12-month period of development and client testing
In Brief, September 19, 2011
Technology news from Citi, Integral, Gold-i and ForexManage announced in the past week
Taking stock of 2011: Technology
Upgrading forex trading systems to prepare for regulatory change or simply keep pace with competitors has been a key trend of 2011 for all participants. In the final part of a series of articles taking stock of the year so far, Miriam Siers and Chiara…
OTC derivatives reform will lead to algo boom, banks predict
Dodd-Frank and Sefs set to encourage growth in algorithmic execution of OTC derivatives, say dealers
RBS launches gamma hedging algo for forex clients
New algorithm is designed to automatically hedge gamma sensitivity of foreign exchange options
Thomson Reuters extends Elektron hosting to FX
Thomson Reuters Matching will be the first platform to be available through the Elektron proximity hosting service, but independent platforms will be added in due course, the vendor tells FX Week
BGC adds non-deliverable options to Thomson Reuters Trade Notification
Interdealer broker says addition of non-deliverable options will enable its clients to benefit from reduced risks and costs
FX Week USA 2011: Delegates talk regulation and technology
Farah Khalique talks to delegates and presenters at FX Week USA about the regulatory and technology trends driving FX markets in 2011
All in accord on high-frequency risks
In late June four prime brokers and six ECNs allied together in a major new initiative to better monitor and manage the risks posed by high-frequency trading in the FX market. What motivated the collaborative effort? Farah Khalique reports
FX Invest: US dollar's time as world's reserve currency draws to a close
With the European sovereign debt crisis grabbing headlines, markets might be forgiven for overlooking the nearing end of a second round of quantitative easing in the US. Debate over its success raises deeper questions about the role of the US dollar as…
White labelling preferable in retail FX, says Aite Group
White-label solutions will reduce tech spend for new entrants, says senior analyst Javier Paz
Aphelion joins BT Radianz cloud
Swedish FX technology vendor cuts time-to-market for users by joining up to BT cloud
Banks and ECNs join forces to prevent FX flash crash
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
UGS signs Kiwi start-up as first client
Start-up currency firm ForexAtom deploys Unified Global Solutions' new Adaptware platform
DTCC and Swift eye FX trade repository
New York-based group set to develop trade repository for every other OTC asset class and has pitched for FX in partnership with Swift