Trading Systems
Refinitiv’s FXall TCA tool goes live
New features will be added to analysis tool at regular intervals in 2019
MarketFactory secures funding from Silicon Valley investment firm
Accel-KKR’s strategic investment will facilitate MarketFactory’s expansion into new markets and services
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific
Barracuda FX: technology spend will drive innovation in FX
A lot of technology spend in 2019 will focus on upgrading outdated processes, increasingly driven by the FX Global Code’s principles
MarketFactory: fragmentation, credit innovation and Singapore matching
Mergers between FX trading venues have led fragmentation to spill into other asset classes
ParFX: transparency to drive trading practices as Code adoption grows
FX Global Code will spur market participants to amend execution terms and conditions
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
ABN Amro to clear Eurex FX derivatives
These include classic exchange-traded futures and options, as well as rolling spot
Crypto markets need big bank financing and credit
Acquiring backing of a bank with a sizeable balance is more important than custodial services at this stage, says crypto market-maker
Morgan Stanley invests $15 million in Integral
Cash injection enables Integral to pursue platform expansion across broader set of currency participants
OTCXN launches crypto-trading venue for institutional clients
Clients have already begun executing trades in ether and bitcoin versus dollars
FlexTrade integrates pre-trade model into EMS
Modelling tool helps users plan trades, cashflow and hedging ahead of time
Refinitiv expands in Mena, launches sentiment feed in Japan
Clients can access range of markets in Middle East and North Africa
Fix participation shifted after scandal, says FCA
Lengthening the benchmark window in 2015 made manipulation less likely, but the fix price is harder to obtain
Integral is not up for sale, says Sandhu
Silicon Valley firms are never for sale; they get acquired, says technology firm’s chief executive
SaxoSelect sees healthy growth in Q3
Saxo Bank’s digital investment service allows clients to put money into a range of pre-selected investments
Quick to distribute Fenics’ Kace products in Japan
The agreement enables Quick to offer an integrated solution to clients
Last-look class certification fails against Deutsche Bank
US District judge Lorna Schofield denies two class certifications, saying market participants were aware of liquidity providers using last look
FXall launches analytics tool
FXall launches the Trade Performance Analytics tool, which will be rolled out on other Thomson Reuters platforms in future
More platform deals to come, says consultancy
FX specialist consultant Javier Paz says smaller venues may seek larger owners over the next two years
State Street to buy BestX
The TCA provider is set to become a wholly owned subsidiary of State Street; financials undisclosed
Euronext dismisses Galinov lawsuit as ‘baseless’
The exchange operator says legal complaint is an attempt at retaliation from Galinov
Euronext moves to buy Galinov’s shares
The exchange operator buys Galinov's 8% of equity in FastMatch for $0.001 per share
Galinov files lawsuit against Euronext
Former FastMatch chief files lawsuit against Euronext and FastMatch claiming “Machiavellian” scheme