Foreign exchange

587 articles tagged with this keyword

/markets

Cobalt and Baton Systems partner to streamline post-trade FX processing

Cobalt, the foreign-exchange (FX) and digital asset infrastructure provider announced that it has entered a partnership with Baton Systems, the provider of post-trade solutions for capital markets.

/people

Finzly taps former Wells Fargo e-trading head Mark Dumolien as VP, product management

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital account opening, announced today the addition of Mark Dumolien as the company’s new Vice President, Product Management.

/Foreign exchange

Emerging markets regional banks join CLSNet

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies.

/Foreign exchange

FAB signs testing and trialling agreement with CLS for CLSNet

First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service ‘CLSNet’.

/Foreign exchange

ANZ becomes first Asia Pacific bank to settle all 18 currencies on CLS

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, is pleased to announce that its long-standing settlement member, ANZ Banking Group Limited (ANZ), has onboarded the Hungarian Forint, making it the first Asia Pacific bank to settle all 18 eligible currencies on CLS’s payment-versus-payment (PvP) system, CLSSettlement.

/markets

Infinox expands into South America

UK-based CFD provider Infinox has followed up on its trailblazing rollout of forex futures trading in South America by offering Brazilian investors access to S&P 500 Micro futures.

/payments

Citi and Amadeus help airlines take control of currency conversion with FX Box

For travelers, booking an airline ticket can be confusing when prices are displayed in a foreign currency. To improve the customer shopping experience, travel companies, such as travel agencies and airlines, are keen to offer customers the possibility to see ticket prices in the currency of their choice.

/markets

Itiviti preps hiring spree

Itiviti, a leading trading technology and service provider to financial institutions worldwide, today announced a large-scale, multi-year hiring plan to support the company’s growth and continued investment into its FX and Fixed Income trading technology across markets in Europe, North America and Asia.

/Foreign exchange

Finastra to give customers access to CLSNet

CLS, a market infrastructure delivering settlement, processing and data solutions, and Finastra, one of the world’s largest fintechs, have agreed to enter into a collaboration to provide Finastra customers with access to CLSNet, CLS’s bilateral payment netting calculation service.

/Foreign exchange

OpenPayd launches InstantFX offering real-time currency tradingg

October—OpenPayd, the API-led Banking-as-a-Service provider, today announced the launch of InstantFX, its FX-as-a-Service product that provides clients with real-time trading, putting an end to the need for batch processing.

/markets

CaixaBank rolls out real-time currency trading platform

CaixaBank presents FX Now, its new online platform that lets customers trade currencies in real time, 24 hours a day, in an agile and secure way, and with no intermediaries.

/Foreign exchange

CLS and SIGTech collaborate to offer quantitative analytics capabilities

CLS, a financial market infrastructure delivering settlement, processing and data solutions, and SIGTech, a leading technology provider to quantitative investment managers, today announce a collaboration to provide CLSMarketData clients with access to SIGTech’s back testing environment and analytics platform.

/people

Integral hires Kevin Wilson from Citi as managing director

Integral, a leading FX technology provider, announced today that Mr. Kevin Wilson, a former Citi executive, has joined the firm as Managing Director - Business Development.

/Foreign exchange

Deutsche Bank wins approval for China’s Safe foreign currency trade payments pilot scheme

Deutsche Bank today announced that it has become the first European bank to be approved for the State Administration of Foreign Exchange (SAFE)’s Pilot Scheme for Facilitation of Foreign Exchange Receipts and Payments for Trade, which aims to simplify and improve foreign currency payments for cross-border trades.

/payments

BofA launches omni-channel approach to cross-currency transactions

Bank of America is responding to the dual imperatives of cross-currency transactions – technology innovation and client demand for improved efficiency – with an omni-channel offering that now includes API (application programming interface) and mobile connectivity.

/payments

Currencycloud and Tribe Payments join forces

Currencycloud, the leader in providing B2B embedded cross-border solutions, and Tribe Payments, a tech company dedicated to deliver the future of payments technology across the ecosystem, have partnered to deliver complete transparency to foreign exchange costs charged on international card transactions, whilst also giving customers access to multi-currency wallets.

/payments

Neo launches multi-currency bank account for SMEs

Neo, the treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (SMEs).

/wholesale

CITIC Bank adopts Refinitiv for eFX trading

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, today announced that China CITIC Bank International has adopted Refinitiv Electronic Trading platform to enhance its Foreign Exchange (FX) trading and distribution workflow.

/payments

Plastiq to offer FX on cards via Silicon Valley Bank

Today, Plastiq, the intelligent payment solutions provider for businesses, announced a partnership with Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, to offer foreign exchange (FX) credit card payment capabilities.

/wholesale

State Street's BestX launches TCA for equities

BestX, State Street’s foreign exchange and fixed income best execution analytics platform, announced today that it has expanded its award-winning execution analytics software and launched a post-trade transaction cost analysis (“TCA”) module for equity markets.