Post-trade
FX options: rising activity puts post-trade in focus
A surge in electronic FX options trading is among the factors fuelling demand for efficiencies across the entire trade lifecycle, says OSTTRA’s commercial lead, FX and securities
Refinitiv takes deal-tracking service into cloud
Cloud-based FX post-trade product provides data archiving, aimed at easing compliance and cost burdens
New Change FX to supply independent rate to Jyske Bank
Danish bank will use provider’s independent FX data for better analytics
Virtu completes $1bn ITG acquisition
Firm will supplement its current management with existing ITG leadership globally
IHS Markit partners Cobalt for post-trade
Cobalt’s platform now connects to MarkitServ’s network of counterparties
HSBC settles millions of FX transactions with DLT
The bank is exploring using the technology to help corporates manage FX flows better
BNY Mellon: 2019 will see support-side innovation
Get excited about innovation, but don’t take your eye off the fundamentals
Cobalt: bringing greater efficiency to the back office
Market participants will look to bring back-office operations in line with modern electronic trading practices
Goldman and Morgan Stanley go live with DLT-based CLSNet
Distributed ledger netting service will cover 120 currencies not eligible for CLS settlement
Virtu Financial to acquire ITG for $1bn
Cash deal comes little over a month since reports of potential merger
MarkitServ launches cloud-based post-trade processing platform
The firm looks to migrate FX options and spot to TradeServ in 2019
DTCC begins testing DLT-based credit derivatives service with 15 banks
New service expected to launch after first quarter of 2019
FlexTrade integrates data-sharing app into EMS
FlexTrade clients can automate data workflow across various platforms and systems
Quantile adds CME to optimisation service
Quantile Technologies completes initial NDF margin-optimisation cycle with CME group
Capitolis and Nex partner for FX novation
Capitolis Novation will be accessible through Nex Infinity and as a standalone service
DTCC partners Symphony for exception management
The integrated product could be available in early 2019
BidFX joins MarkitServ’s FX network
The firm expands range of post-trade processing services it offers clients
Nex Infinity DLT could go live this quarter – Choussy
The DLT element is ready from a technical perspective
Cobalt goes live on BT Radianz
With this latest development, the firm is bringing the FX post-trade world to a new level
SGX invests in Cobalt
Asian exchange’s investment reinforces those made by Citi and others over the past two years
Societe Generale adds BestX to TCA suite
The independent transaction cost analysis tool will complement the bank’s own TCA product for algo-executed trades