214 articles tagged with this keyword
News/Foreign exchange
Australian cross-border payments firm Airwallex has raised US$13 million in a Series A funding round led by Chinese Internet giant Tencent and joined by Mastercard.
01 May 2017
The Monetary Authority of Singapore (MAS) continues its relentless march towards the digital future through the creation of a data analytics group.
14 February 2017
Currency trading firm FxPro has abandoned plans for a London stock market flotation as a result of the UK regulator's plan to crackdown on the growing financial spread betting market, according to Sky News
04 January 2017
Citi has invested an undisclosed sum in Cobalt, a blockchain startup aiming to bring distributed ledger technology to the processing of foreign exchange trades.
15 December 2016
Peer-to-peer FX trading startup Cobalt DL is to deploy OpenCSD, the permissioned ledger based platform from SETL to create a shared view of trade data for market participants.
26 October 2016
Robot traders are being blamed for a currency rout which saw the pound plunge by six percent in just two minutes in early Asian trading Friday.
07 October 2016
Multi-bank foreign exchange counterparty CLS is to build a payments netting service for trades settled outside the core membership using distributed ledger technology based on Hyperledger Fabric.
27 September 2016
A 'blockchain inspired' post-trade peer-to-peer network co-founded by the former CEO of Traiana Andy Coyne, is to commence beta testing with eight institutional FX market participants following successful proof-of-concept trials.
17 August 2016
London-based forex startup Tramonex has scored a £250,000 grant from the UK government to develop a prototype for cross currency payments using blockchain technology.
28 April 2016
Russian authorities' opposition to virtual currencies has been underlined after a presidential adviser referred to bitcoin as an internet joke and a virus and urged that it be outlawed.
31 March 2016
Barclays has been slapped with a $150 million fine by New York state's financial regulator and told to fire an employee over an automated system used to reject unprofitable client orders on its electronic foreign exchange trading platform.
18 November 2015
WeBank, the online banking arm of Chinese e-commerce outfit Tencent, is speaking to private equity investors about a $1 billion fund raising effort to spearhead a high street banking push, according to the Wall Street Journal.
Thomson Reuters has put all of its foreign exchange transaction venues onto one platform in a move it says creates a single point of access to the largest collective independent pool of FX liquidity.
09 November 2015
Frankfurt has taken the upper hand in its battle with London to connect to China's capital markets following the announcement of two joint ventures that will link the respective exchanges of Germany and China.
29 October 2015
Former Citigroup chief executive Vikram Pandit has invested in London-based money transfer startup TransferWise.
06 October 2015
Online foreign exchange trading firm FXCM says it has been the victim of a hacking attack that exposed access to sensitive customer information and led to unauthorised transfers from "a small number" of client accounts.
01 October 2015
Financial data outfit Markit has agreed to buy DealHub, a provider of trade processing and trading services to the foreign exchange market. Financial terms were not disclosed.
24 August 2015
Deutsche Bourse is wading into the $5.3 trillion a day currency markets with a EUR725 million acquisition of multi-bank FX trading platform 360T.
27 July 2015
London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates.
08 June 2015
London-based business-to-business currency exchange Kantox has raised $11 million in Series B funding.
27 May 2015
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