CLS has announced that it will be releasing an FX Forward volume dataset as part of its suite of executed trade data products.
FX Forward volume data will focus on outright forwards and swaps, which provide an aggregated view of the forward market.
As Singapore actively encourages FinTech development and increases its focus on becoming Asia’s trading hub, it’s been a busy week at the Singapore FinTech Festival, with three announcements worthy of note -
MAS and BIS are launching an innovation hub in Singapore
IHS Markit has announced that HSBC, UBS, BofA Securities, and 3 unnamed broker-dealers are to use the Outreach360 platform to manage standardised counterparty questionnaires for Securities Financing Transaction Regulation (SFTR).
Mark Whitcroft of Illuminate Financial gave this keynote address to a packed ISDA audience. In the speech Mark demonstrated that the migration to ‘fintech’ is happening as we speak.
A recent speech by Scott O'Malia (CEO ISDA) exhorts firms to move much more quickly to modernise the market infrastructure. Here are my views on the time horizon for change, ledgers and central processing.
The Association for Financial Markets in Europe (AFME) has released a new paper which highlights the minimal use of the cloud among capital markets firms - with over two-thirds of AFME members questioned estimating that only 1 - 10% of their bank’s current workload was using some level of public cloud.
Avelacom has been awarded “Best low-latency trading network” by Waters Technology in the Buy-Side Technology Awards 2019. The awards recognise the leading buy-side technology vendors and service providers across the banking and capital markets industry.