Foreign exchange

601 articles tagged with this keyword

/markets

FXCM PRO enters liquidity distribution partnership with Your Bourse

FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), a leading international provider of online foreign exchange and CFD trading, announced that FXCM Pro, the institutional arm of the business, built a partnership with Your Bourse, a technology company providing liquidity aggregation and risk management platform for MT4/MT5 brokers with hosting in Equinix data centres.

/Foreign exchange

ACI FMA partners with Axiom Global Advisors to boost industry-wide FX Global Code implementation

The ACI Financial Markets Association (ACI FMA) has today announced a partnership with Axiom Global Advisors (Axiom) to help Market Participants around the globe implement and adhere to the FX Global Code.

/Foreign exchange

CLS welcomes first Philippine third-party bank to settlement service

CLS, a market infrastructure delivering settlement, processing and data solutions, announced today that Metrobank is the first Philippine bank to access CLSSettlement as a third-party participant. UBS, a CLSSettlement member, will provide access to Metrobank.

/Foreign exchange

Additional participants join CLS’s DLT bilateral payment netting service

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Actinver, BNP Paribas, Citibank and J.P. Morgan are live on CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform.

/Foreign exchange

Citi set for go-live on Cobalt post-trade network

Cobalt, the foreign exchange (FX) post trade infrastructure, has announced today that Citi intends to go live on its infrastructure for bilateral trading.

/markets

Kx technology selected by SMBC to build and manage e-FX infrastructure

Sumitomo Mitsui Banking Corporation is the latest bank to turn to Kx to meet its advanced trading, analytics and risk management requirements, extending Kx’s market-leading presence in Foreign Exchange

/wholesale

INTL FCStone to buy Giroxx

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd., executed a sale and purchase agreement to acquire Giroxx GmbH in Frankfurt, Germany. Closing is conditional upon the approval of the Bundesanstalt für Finanzdienstleistungsaufsicht [BaFin].

/regulation

Regulert readies for new rules on transparent FX rates

A Dublin headquartered technology company, Regulert, has launched a solution for banks and card issuers, providing a seamless and simple path for compliance with new rules on transparent FX charges (Regulation (EU) 2019/518).

/payments

EQ Bank partners with TransferWise on international money transfers

EQ Bank, the digital platform offered by Equitable Bank, Canada's Challenger Bank™, announces a partnership with TransferWise, the global technology company for international money transfers. The result is fully transparent, remarkably fast international money transfers that are up to 8x cheaper1 for EQ Bank customers.

/payments

IBanFirst acquires German FX startup Forexfix

After establishing itself in the Netherlands last month, iBanFirst, global financial services provider delivering solutions across banking borders, today announced the acquisition of Forexfix, a German foreign-exchange start-up based in Berlin with clients across Germany, Austria and Switzerland. As a result, Forexfix’s customers will benefit from iBanFirst’s award-winning online platform, a single interface to receive and make cross-border payments, hedge foreign exchange risks and finance their international growth. This takeover is instrumental in iBanFirst’s change of scale and contributes to the 5 billion euros in payments processed for its more than 3 000 clients this year.

/Foreign exchange

Nomura selects Pico to boost FX and rates businesses

Nomura, Asia’s global investment bank, has selected Pico, a leading provider of technology services for the financial markets community globally, to build, host and manage a new platform supporting its latest innovation programs in foreign exchange (FX) and rates trading businesses.

/payments

Citi launches cross-border B2B payments platform

Citi has launched a new cross-border platform to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities.

/Foreign exchange

Integral and Jefferies launch OTC FX venue

Integral, a leading financial technology company, and Jefferies, a global investment banking firm, today announced the launch of TrueFX, a fully integrated service designed for buyside firms to conveniently connect and trade with the FX market at a fraction of today’s trading costs.

/regulation

CLS appoints Deborah Hrvatin as chief risk officer

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of Deborah Hrvatin as Chief Risk Officer.

/Foreign exchange

FXCM Pro partners with FlexTrade on technology

FXCM Group, LLC ("FXCM Group" or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading and related services, together with the FlexTrade, a global leader in high performance execution management and order management systems for equities, foreign exchange, options, futures and fixed income, announced a technology partnership for FXCM’s institutional business and Flextrade’s “MaxxTrader” solution.

/payments

Citi's Commercial Bank taps Kantox for customised paymentstech

Kantox, a leader in FX management and payment solutions for businesses, announced today that it is providing Citi’s Commercial Bank with a seamless user experience for its foreign exchange (FX) clients in the United States through a customized solution that connects directly to Citi’s foreign currency payments platform.

/payments

Form3 establishes International Payments Business

Form3, the leading provider of cloud-native API payments technology today announced the creation of its International Payments Business, a new initiative by Form3 to give financial institutions servicing consumers and SMEs access to low cost payments and FX services, utilising its API technology.

/Foreign exchange

LCH integrates with State Street's FX trading platform

LCH, a leading global clearing house, today announced that it is the first clearing house to integrate with FX Connect TradeNeXus, State Street’s FX trading platform that provides exception based automated matching, trade and settlement confirmation enrichment and third party messaging.

/Foreign exchange

CLS appoints data manager

CLS, a market infrastructure group delivering settlement, processing and data solutions, announces today that Masami Johnstone has been appointed as Head of Information Services.

/Foreign exchange

JP Morgan preps electronic FX trading and pricing engine in Singapore

J.P. Morgan announced today that it will establish an electronic FX trading and pricing engine in Singapore, with support from the Monetary Authority of Singapore (MAS), designed to speed up trade executions for clients.