Technology
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
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
TraderTools taps Abacus for cloud service
The venue gains the global scale and infrastructural expertise to expand ULN
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Citi: scale is vital in an increasingly fragmented environment
The push for more automation is also being driven by rising costs and more fragmented markets
Pragma calls for flash crash definition
Technology provider Pragma says systematically tracking flash crashes according to a set of criteria could help regulators
SmartTrade opens Milan office as client base grows
The company has onboarded new clients in several places, including Germany, Italy, Japan, North America, South Africa and Switzerland
Regulations often neglect FXPB, panellists say
Post-crisis regulatory efforts tend to focus on core market-making, leaving credit intermediators in a confusing limbo
DuCharme joins Mesirow
The Russell Investments veteran joins as director of currency solutions
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
Barracuda FX launches OMS Cloud
New cloud-based OMS will include many FX features such as connectivity to Barracuda’s Order Hub service
Integral appoints Srivastava as chief revenue officer
Vikas Srivastava has worked at Integral since 2010, overseeing its regulatory initiatives
MarkitServ rolls out workflow automation for cross-currency swaps
Enhanced service launched in conjunction with CLS and LCH
Nex optimises post-trade OTC FX with direct clearing connectivity
By removing secondary matching, Nex optimises post-trade workflow and maximises benefits of clearing
Angel CoFund invests in OTCX
The OTC derivatives-trading platform receives backing from the investment fund
Market participants start testing Mifid II systems
But they do not feel fully ready for the sweeping changes taking effect on January 3
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
CME to launch bitcoin futures
Pending regulatory approval, the cryptocurrency will become available on the world’s largest derivatives exchange operator by the year-end
BestX launches reporting module, partners NAB
The Australian bank is the latest FX dealer to sign up for the transaction cost analysis service
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
BBVA and Bancomer deploy DLT-based FX matching pilot
Launch follows successful proof-of-concept in collaboration with Calypso Technology and R3