Foreign exchange

803 articles tagged with this keyword

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Standard Chartered goes live on Cobalt

Standard Chartered has gone live on Cobalt’s foreign exchange market infrastructure platform for its prime brokerage and executing broking business.

/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’.

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Trading analytics startup Tradefeedr raises $3 million

IPGL, the private investment company run by Michael Spencer, founder and former CEO of Icap and NEX, has become a cornerstone investor in trade anlytics startup tradefeedr.

/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.

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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.

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TransferWise to make 750 hires

Online money transfer firm TransferWise plans to add 750 jobs over the next six months, equivalent to more than a third of its current workforce.

/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.

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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.

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PagoFX launches international money transfer service for UK SMEs

PagoFX, the international money transfer app from Santander, has launched a service for small businesses in the UK.

/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.

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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.

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ClearBank dances on the cloud’s silver lining thanks to Covid-19

For the latest feather in its cap, the cloud-based ClearBank became the first clearing bank to offer multi-currency bank accounts via API. Partnering with JP Morgan, ClearBank will offer clients the ability to move funds between accounts through an API-based connection to JPMorgan, but this is just one step in what promises to be a period of strong growth for the firm.

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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).

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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.