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04 Nov 2019 — Bill Hodgson

RegTech compliance specialist, muinmos has appointed Conor Ringland as Chief Commercial Officer.

Ringland has more than 30 years’ experience in financial services, including Chief Operating Officer at Concordium Foundation, CEO of Walbrook Capital Markets, Head of Financial Markets (Digital) at Lloyds Commercial Bank, and Head of Front Office at Saxo Capital Markets.

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01 Nov 2019 — Bill Hodgson

Nomura’s Tsuwamono FX algos are now available on the BidFX platform.

"Nomura’s FX algorithms provide substantial benefits to clients, with high levels of trading flexibility. We’re pleased that clients can now find our algorithms on BidFX,” said Ian Daniels, Nomura Head of eFX Distribution EMEA & Americas.

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31 Oct 2019 — Bill Hodgson

Earlier today Nomura announced that it has been recognised as the most improved US dealer for eTrading, according to the Greenwich Associates 2019 U.S. Fixed Income Study.

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31 Oct 2019 — Bill Hodgson

Digital Vega, the leading FX Options e-trading platform and provider of FX Options trading solutions, today announced three senior appointments, which support its ongoing product development and global expansion strategy.

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30 Oct 2019 — Bill Hodgson

Refinitiv recently announced a multi-year agreement with TP ICAP to support data provision for its brokers and technology platforms.

TP ICAP uses integrated global data across multiple asset classes, including equities, fixed income, energy and commodities, FX and derivatives. Refinitiv is working with TP ICAP to meet its cross asset data needs via the Refinitiv Data Platform, and on the desktop via Eikon.

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29 Oct 2019 — Bill Hodgson

We talk with Jon Vollemaere, CEO of R5, about all things EMFX......and especially China 

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Trading Technology
29 Oct 2019 — Bill Hodgson

How will technology transform and disrupt the trading environment? A new report explains how.

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ISDA SIMM 2.2
28 Oct 2019 — Bill Hodgson

ISDA has published the ISDA SIMM™ Methodology, version 2.2, with an Effective Date of December 1, 2019. This version of SIMM includes updates based on the full recalibration and industry backtesting of the methodology.   It also includes additional granularity for the FX asset class, the removal of curvature margin from equity volatility indexes and an alteration to allow for annual calibration of credit non-qualifying intra-bucket correlations.

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Fenergo Research
28 Oct 2019 — Bill Hodgson

New research conducted by Fenergo reveals that slow and manual onboarding processes cost the commercial and business banking market $3.3 Trillion in  the past year. The lost revenue was due to clients abandoning their applications during the onboarding process.

The research also reports that onboarding times have risen by an average of three weeks in the last 12 months. Other findings include:

- 18% of banks still rely on manual processes for KYC - including telephone, email, letter or in-person meetings

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CCP Todo List
25 Oct 2019 — Bill Hodgson

TL;DR A group of major firms are exhorting regulators and therefore CCPs to improve their resilience, recovery and resolution planning.

The GFC has caused the expansion of central clearing to transform credit risk. The intention being to avoid a future systemic failure. Global regulators have set the standards and rules for clearing and margining so far.

But now major CCP users have published a letter describing their views on how CCPs need to improve. The letter references the default at Nasdaq Clearing AB in 2018 and acknowledges work done since to improve their resilience.

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GCEX
25 Oct 2019 — Bill Hodgson

As the world of crypto trading matures there is increased interest from institutional traders, looking to access professional venues.

To date these trading institutions have been naturally cautious, as exchanges offer mainly retail services (even though some have claimed to be institutional), and some questionable practices that have given rise to crypto's association with 'the Wild West'.

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24 Oct 2019 — Bill Hodgson

The Investment Association (IA) recently opened applications for FinTech innovators to join Velocity, the IA’s specialist FinTech accelerator and innovation hub.

A year since its official launch, more than 120 FinTechs have joined the IA, with ten of these taking part in its accelerator programme. These firms highlight the global outlook of the UK’s FinTechs, with IA FinTech members operating in over 30 jurisdictions globally.

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