FX

Articles

real time php fx settlement
25 May 2021 — Bill Hodgson

The OTC Space took time to talk with Arjun Jayaram CEO of Baton systems about their goal to achieve real time FX PvP settlement in 2021, and how their platform integrates into the existing market infrastructure.  In the video we ask Arjun:

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DIGITEC 360T Swaps Data Feed
21 May 2021 — Deputy Editor

DIGITEC and 360T have won the award for Best Reference Data Newcomer for Swaps Data Feed (SDF) at the Inside Market Data (IMD) and Inside Reference Data (IRD) Awards.

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2 MINS
CME Group integration
21 Apr 2021 — Deputy Editor

CME Group, the world's leading and most diverse derivatives marketplace, today announced it has integrated its FX Link platform with the Refinitiv Trade Notification (RTN) and IHS Markit's MarkitSERV messaging services.

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Equiti Capital partnership Lucera
06 Apr 2021 — Deputy Editor

Equiti Capital, a subsidiary of Equiti Group, has deployed Lucera LumeFX’s technology, an FX aggregator known for its low latency execution and expansive connectivity to the FX market.

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2 MINS
22 Mar 2021 — Deputy Editor

BNP Paribas announces that ALiX, its FX digital trading assistant first launched in September 2019, has expanded across the full FX product suite on the bank’s advanced FX trading platform, Cortex FX.

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21 Sep 2020 — Deputy Editor

Akshay Aiyer, a former Emerging Market FX trader at JPMorgan, has been sentenced to eight months and ordered to pay $150,000 for market manipulation.

Using Bloomberg chat rooms, personal mobile phones, and private meetings Aiyer conspired to manipulate Central and Eastern Europe, the Middle East, and Africa (CEEMA) markets, prices and spreads. Others involved were Jason Katz (formerly at Standard Chartered) and Christopher Cummins (formerly at Citi), who both received a more lenient sentence in return for helping with the prosecution of Aiyer.

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15 Sep 2020 — Deputy Editor

Ideal Prediction (Ideal), has won the FX Markets award for 'Best Surveillance Provider' for the second consecutive year. The award reflects Ideal's ability to codify principles-based best trading practices in FICC.

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15 Sep 2020 — Deputy Editor

Avelacom has won its first FX-Markets Award for the best liquidity aggregator/connectivity services.

The FX Markets awards recognise the skill and creativity in the fast growing and changing world of e-FX. 2020 turned out to be a challenging year, with extraordinary volatility and record exchange-traded volumes globally.

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11 Sep 2020 — Deputy Editor

Capitolis enables firms to optimise their balance sheet exposures by eliminating unnecessary positions and finding the most suitable party to hold the remaining positions. Targeting equities and FX, to date Capitolis has eliminated $5 trillion in overall positions for more than 50 financial institutions.

"We are excited to have three of our trusted partners provide further support for our vision and business model focused on transforming the marketplace for the benefit of all participants," said Gil Mandelzis, CEO and founder of Capitolis.

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10 Sep 2020 — Deputy Editor

CME Group has launched a new FX Options Vol Converter tool, which prices listed FX options liquidity in over-the-counter (OTC) terms. This helps FX traders to more monitor price relationships in OTC and listed markets and make more informed decisions about trading strategies.

The tool takes the price data that is already functionally equivalent to OTC options, with alignments in style, expiration time, and underlying price convergence and creates a volatility grid by tenor and deltas for comparison purposes.

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18 Aug 2020 — Deputy Editor

24 Exchange, the FX trading platform has reached an average daily volume of $100 Million in FX NDFs.

J.P. Morgan began actively trading FX NDFs on the 24 Exchange platform in December of 2019 and remains one of the most active dealers on the platform.

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07 Aug 2020 — Deputy Editor

Virtu has launched a Transaction Cost Analytics (TCA) service for FX Algos, which is designed to enhance strategy performance evaluation and comparative analysis.

The new FX TCA offering merges data from three distinct sources:

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