Trading
BestX clients seek independence reassurance
Clients and LPs want clarity around the deal between State Street and BestX to gain confidence about the provider’s continued independence
Gain Capital chooses Eventus for market surveillance
The broker will use the technology provider’s Validus platform to monitor trading in its futures business
Barclays gives Specs to FX participants
The client portal originally launched for equities in 2015 is now available for foreign exchange
Quick to distribute Fenics’ Kace products in Japan
The agreement enables Quick to offer an integrated solution to clients
Marex Spectron re-enters FX with new platform
After a four-year hiatus, the broker rolls out offering geared at smaller players that large banks find relatively unattractive
FX market structure in flux – The future of FX derivatives markets
As regulation transforms the structure of foreign exchange markets, the focus is shifting towards increased efficiency and cost reduction. A survey conducted by FX Week in association with LCH ForexClear explores the impact of the financial crisis on FX…
Thomson Reuters unit becomes Refinitiv
TR’s Financial & Risk changes name, following majority stake buyout led by Blackstone
SEB rolls out algos on BBG and FXall
Swedish dealer develops algo strategies in-house and gives clients access to internal liquidity pool
360T expands algo suite for corporates
The platform offers 60 strategies from 13 banks, with four more dealers to come online before the year-end
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Asia: the new frontier for global payments
With regulatory barriers lowered, the region is ripe for new entrants
Consolidated feeds cost industry $1.4bn a year, survey finds
Despite the growth of direct data connections, spending on consolidated feeds is set to rise, Greenwich Associates finds
Need for security drives cloud adoption, says survey
The share of cloud spend in financial firms’ IT budgets is set to rise to 47% by next year – up from 30% now
Last-look class certification fails against Deutsche Bank
US District judge Lorna Schofield denies two class certifications, saying market participants were aware of liquidity providers using last look
Allston Trading picks Corvil for analytics
The electronic market-maker seeks to optimise its systems and infrastructure for better execution outcomes
Deutsche Börse boosts FX data offering
The new streaming service will cover FX spot and swaps
Edgewater launches Latam FX venue
LatamFX.Pro will aid price discovery in the Mexican, Chilean, Colombian and Argentine peso, the Brazilian real and Peruvian sol
Platform volumes up in August amid EM woes
Trading was higher than in the same period of 2017, with the euro and some emerging market currencies hitting yearly lows