Trading systems
JP Morgan to bring e-FX trading and pricing engine to Singapore
The bank’s scheduled 2020 launch will help consolidate Singapore’s position as Asia’s leading FX trading centre
TY11 has potential to host e-FX matching engines in Tokyo
Success of new Equinix data centre could hinge on use of cloud due to close proximity of providers
Danske overhauls FX technology to rebuff Tier 1 competition in Nordics
Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates
Siege FX to roll out peer-to-peer netting
FX space is now ready for such a service, says technology provider
TraderTools to allow banks to white-label forwards and swaps
Firm gears up to give regional banks an algo suite in coming weeks to help market-making abilities
Fintech firm joins wholesale FX competition
FX startups are attempting to undercut incumbents with better technology and new features
Deutsche Börse in talks to buy Refinitiv FX units
Negotiations confirmed, but not whether FXall is on the sale block
ParFX takes first step for moving into NDFs
Trading platform has snapped up an MIC code as it explores building a platform for the growing FX segment
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
Mizuho taps smartTrade to provide new e-FX platform
The Japanese bank is replacing its legacy FX platform
FastMatch sets up matching engine in Singapore
The ECN looks to diversify its product and client base by plugging into the city-state’s FX infrastructure effort
SGX snaps up 20% stake in BidFX
Exchange invests $25m in TradingScreen spinoff, expects to boost liquidity by adding OTC to FX futures
B2C2 enlists Wall Street veteran Catalanello to head US expansion
Crypto market-maker hires former New York Fed FX committee member to lead quest for growth in Americas
EBS to turn on API streaming for Quant Analytics
Service will cover outbound analytics when it launches later this year, but should add inbound later
INTL FCStone extends e-trading platform across all frontier markets
The venue brings electronic FX to world’s most illiquid currencies
Refinitiv’s FXall TCA tool goes live
New features will be added to analysis tool at regular intervals in 2019
MarketFactory secures funding from Silicon Valley investment firm
Accel-KKR’s strategic investment will facilitate MarketFactory’s expansion into new markets and services
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific
Barracuda FX: technology spend will drive innovation in FX
A lot of technology spend in 2019 will focus on upgrading outdated processes, increasingly driven by the FX Global Code’s principles
MarketFactory: fragmentation, credit innovation and Singapore matching
Mergers between FX trading venues have led fragmentation to spill into other asset classes
ParFX: transparency to drive trading practices as Code adoption grows
FX Global Code will spur market participants to amend execution terms and conditions
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
ABN Amro to clear Eurex FX derivatives
These include classic exchange-traded futures and options, as well as rolling spot
Crypto markets need big bank financing and credit
Acquiring backing of a bank with a sizeable balance is more important than custodial services at this stage, says crypto market-maker