All Announcements

Articles

27 Apr 2020

CFH, the prime of prime broker, has joined the Gold-i Matrix NETwork, extending its liquidity coverage to include Hedge Funds and Asset Managers.

Through Matrix NET, CFH can offer a direct connection to a Fund Manager via FIX API, providing trading transparency, P&L visibility, and reporting.

23 Apr 2020

Banco Monex has become the first Latin American third-party service provider of CLS’s payment-versus-payment (PvP) FX settlement service, CLSSettlement.

Banco Monex has been a CLSSettlement member since 2018 and now is enabling its clients to participate as third parties, helping them to mitigate settlement risk while significantly enhancing liquidity efficiencies for the Mexican market.

16 Apr 2020

SEB is the latest liquidity provider to join EMS platform BidFX.

BidFX head of Nordic Sales, Peter Bondesen, commented, "The increased interest in our advanced EMS from Nordic financial institutions means greater demand for specialised, local liquidity. Many of our global clients have also requested SEB as a counterparty to provide bespoke liquidity both through streaming rates and RFQ"

08 Apr 2020

Refinitiv has released its monthly FX volumes for March 2020.

The total ADV traded across Refinitiv's suite of FX services, reached $540 billion - the highest level since it started reporting data in April 2009.

Non-spot platforms recorded a new peak of $399 billion ADV, a 15% increase on MoM, and 8.4% increase YoY.

ADV across Matching and FXall spot trading platforms was $141bn, the highest volume since September 2014, representing a 36.9% increase MoM, and a 45.3% increase YoY.

03 Apr 2020

CME Group has reported its March and first-quarter 2020 market statistics, showing it reached a record average daily volume (ADV) of 32.1 million contracts during the month of March, up 68% from March 2019.

First-quarter 2020 ADV reached a record 27 million contracts, an increase of 45% from first-quarter 2019. Open interest at the end of March was 123 million contracts.

Quarterly ADV highlights include:

24 Mar 2020

Bank of China has launched DeepFX, an artificial intelligence-based FX trading signal prediction application through Eikon.

DeepFX was developed by the Digital Asset Management Department of Bank of China using deep learning technology to predict the short-term price movements in EUR.USD, AUD.USD, GBP.USD, USD.CAD, USD.JPY and USD.CHF.

16 Mar 2020

Late last Friday, Capital Markets research and consulting firm Tabb announced that it had closed.

09 Mar 2020

Sumitomo Electric Industries (SEI) is the first Japanese manufacturing company to access CLSSettlement as a third-party participant.

The company is settling its FX transactions in CLSSettlement via its third-party service provider, Sumitomo Mitsui Banking Corporation (SMBC), supported by Bloomberg’s FX Confirmation Matching Service (CMS) post-trade processing technology.

28 Feb 2020

Cobalt, the FX post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign.

Cobalt’s growing client list now includes Citi, Sucden Financial, Deutsche Bank, XTX, Saxo and Standard Chartered.

05 Feb 2020

Cobalt, the FX post trade infrastructure, has announced today that Citi intends to go live on its infrastructure for bilateral trading. This is in addition to Citi alrteady being a shareholder in Cobalt.

Deutsche Bank, XTX Markets and Saxo Bank are already live on the platform.

19 Dec 2019

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09 Dec 2019

TransFICC, the specialist provider of low-latency connectivity for Fixed Income and Derivatives Markets, recently won ‘Best Communication Infrastructure Provider’ at the American Financial Technology Awards (AFTAs).