Trading Systems
Broadway Technology secures $42m for expansion
Long Ridge Equity Partners says Broadway well positioned to take advantage of rapidly evolving capital markets landscape
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
Thomson Reuters Matching celebrates 25-year birthday
The first electronic broking platform was born on April 29, 1992
MarkitServ sees tenfold hike in NDF clearing volumes
The firm is in a test environment with FX options and believes they are a candidate for Q4
360T launches ECN and announces new record volumes
Platform confirms launch of 360T ECN in April; hits all-time high on April 18 and sets record ADV
MahiFX gains FCA authorisation
Watchdog allows MahiFX to offer products and services in the UK
OTC Exchange Network joins blockchain trade association
OTCXN says it is essential to gain the support of regulators and lawmakers if blockchain is to be widely adopted
Pragma announces LD6 expansion
The move enables the algo technology provider to improve services to its expanding client base
TradingScreen opens Frankfurt office ahead of Brexit
The firm aims to increase its European business and cater for existing clients by transferring operations to the continent
Credit Agricole conducts FX forwards with Orchestrade
The bank is migrating all front-to-middle processing of vanilla and structured products to the platform
Bloomberg Tradebook to shut down FX
CCP model platform set to close foreign exchange operations on March 1
Mizuho opts for Thomson Reuters' FX Trading platform
The Japanese bank is the latest financial institution in Asia to adopt the venue
Integral wins appeal against EBS's Tolat
The case is now remanded to the district court, where Tolat will face a second trial
Nex Data signs distribution partnership with Tradition
Nex Data will source real-time and end-of-day prices from Tradition's global electronic, hybrid and voice-broking operations
FastMatch tweaks fees to discourage use of last look
Platform continues push to eliminate last look trading and plans to introduce a dark pool where clients can exchange inventory
Broadway sees demand for software pick up
Regulation and the need for a business edge have sell-side firms looking increasingly to software to meet their needs
Blockchain take-up will accelerate as costs mount
2017 could be a year of a major crisis if market structure issues conspire with volatile markets
FMSB releases principles for FX surveillance, conduct training
The Ficc Market Standards Board outlines 10 core considerations for surveillance
Saxo Bank signs partnership with Phoenix Finance
The integration process, starting in Q1 2017, will be based on the bank's OpenAPI, launched in 2015
Erste joins TraderTools' liquidity network
The bank will make prices in Eastern European currencies
FCA approves Tullett Prebon acquisition of Icap's IGBB
Finalisation of the transaction remains contingent upon regulatory approval
CFETS joins R3-led project
The number of participants has risen to more than 60 since its September 2015 launch
Citadel Securities provides liquidity for Invast Global
Invast Global's PurePrime facility offers bespoke, optimised FX and CFD liquidity, with multiple trading GUIs
Pragma completes NY5 migration
The data centre move concludes a multi-million-dollar upgrade of the firm’s technology infrastructure