Foreign exchange

813 articles tagged with this keyword

/wholesale

JP Morgan rebrands Onyx to Kinexys for blockchain charge

JP Morgan has rebranded its Onyx blockchain unit as Kinexys by JP Morgan as the banking giant prepares to bring the technology into mainstream financial services.

/wholesale

MUFG Bank goes live on CLSNet

CLS, a financial market infrastructure group delivering settlement, processing, and data solutions, today announced that MUFG Bank (MUFG) has gone live on CLSNet, CLS’s bilateral payment netting calculation service for over 120 currencies.

/markets

AFP: 2025 FX market trends and the impact of the US Election

Can a smaller FX and global payments provider compete against the large and regional banks when it comes to buying and sending foreign currency payments to suppliers overseas? “Absolutely,” said Monex USA CEO John Doyle.

/markets

OptAxe launches MTF for FX options

OptAxe, a fully centralised trading venue for liquidity discovery, dissemination and execution, today announced it has received FCA authorisation to operate a multilateral trading facility (MTF) for axe-driven FX options trading.

/people

IFX Payments appoints Glenn Uniacke chief revenue officer

International fintech IFX Payments has appointed Glenn Uniacke as its first Chief Revenue Officer.

/wholesale

ION FX wins Apac mandate

ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces that Instantia has selected ION Foreign Exchange (FX) for trade execution, trade management, risk, and settlement management for its FX business.

/markets

LMAX Group buys FX HedgePool

LMAX Group (or “the Group”), the leading independent operator of institutional execution venues for FX and digital assets trading, today announces its acquisition of FX HedgePool, a major institutional swaps matching service.

/markets

Kantox partners Finastra on trade confirmation matching service

Kantox, a leading Currency Management Automation software provider, has announced a new partnership with Finastra, a global provider of financial software applications, to offer a trade confirmation matching service to Kantox clients.

/markets

Digital Vega and CME Group release new service for FX options block trading

Digital Vega, the leading FX Options e-trading platform and provider of FX Options trading solutions, and CME Group, the world’s leading derivatives marketplace, today announced the launch of a new FX options block trading service.

/startups

FX trading platform BlueX goes live

BlueX, the transformative FX trading technology platform, is delighted to announce its official go-live, with the first production trades now executed.

/markets

FinTech360 integrates with Acuity

Acuity Trading has announced a strategic partnership with FinTech360, a B2B company specialising in services for fintech companies, primarily forex brokers.

/ai

FairXchange releases Sentinel AI

FairXchange has launched Horizon Sentinel®, an AI-driven alerting tool that identifies commercially relevant changes to a Financial Institution’s liquidity and counterparty activity as soon as they occur.

/inclusion

Visa Foundation focused on empowering women entrepreneurs

Visa Foundation is supporting women in growing their small businesses and making them more resilient, increasing economic mobility and creating wealth for themselves.To learn more about the financial inclusion efforts made by the organisation, Finextra spoke to Najada Kumbuli, vice president and head of investments at Visa Foundation.

/payments

EBAday 2024: Navigating the oxymoron of cross-border real time payments

The second day of EBAday 2024 in Lisbon kicked off with exciting panel sessions discussing real-time payments.

/payments

EBAday 2024: Next steps in instant payments, regulation, and liquidity management

At EBAday 2024 in Lisbon, experts came together to address new innovations and exciting prospects for the future of banking in Europe.

/payments

Bank of Cyprus expands FX pricing capabilities with Integral

Integral, a leading currency technology provider to the financial markets, has announced an expansion of the partnership with Bank of Cyprus to offer real-time pricing and risk management capabilities as part of the bank’s online banking platform.

/payments

Bank of England and BIS to test synchronised settlement in FX

The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England, have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions.

/markets

Verto launches FX marketplace

Today, global fintech leader Verto announces the launch of the Verto Foreign Exchange Marketplace, a game-changing product designed to revolutionise the currency exchange landscape for traders, brokers and treasurers.

/payments

Central banks to test FX settlement in wCBDC

The Bank for International Settlements (BIS) is launching Project Rialto to explore how instant cross-border payments could be improved using a modular foreign exchange component combined with settlement in wholesale central bank digital currencies (wCBDC).

/markets

Commerzbank FX, FX derivatives, equities and commodities to Murex MX.3 platform

Commerzbank has completed a strategic migration and simplification of its global FX, FX derivatives, equities and commodities activity, streamlining trading and risk in Murex MX.3 platform.