Latest Foreign exchange News: Finextra Research

Standard Chartered launches one-stop digital FX platform

Standard Chartered Bank (“the Bank”) has launched LiveFX, a one-stop platform that allows retail clients to make FX conversions in real time, gain market insights and place limit orders anytime, anywhere at their preferred exchange rates.

17 June 2019

Company update/Foreign exchange

Paysend launches new stablecoin

Paysend launches a new revolutionary solution for global payments, leveraging the transparency of blockchain technology and a well-established global network.

17 June 2019

Company update/Foreign exchange

Swift pushes for greater automation in FX

SWIFT is leading industry efforts to increase automation levels in the global FX market through better standards to help remove barriers that hinder the exchange of information and to enable straight through processing.

12 June 2019

Company update/payments

AscendantFX launches AFX Virtual Accounts for cross-border payments

AscendantFX, a leading technology-based payments provider, is pleased to announce the launch of AFX Virtual Accounts, cost-effective foreign currency accounts that allow organizations to receive foreign currency payments to an account held in their name without a local area presence and at the same competitive, real-time rates AFX provides with all it’s other services.

03 June 2019

Company update/Foreign exchange

INTL FC Stone selects Eventus for market surveillance

Eventus Systems, Inc., a leading global trade surveillance and market risk platform provider, announced today that INTL FCStone Inc., a Fortune 500 company, has signed with the firm to provide its futures market surveillance technology.

03 June 2019

News/Foreign exchange

WorldRemit nets $175m in latest financing round

UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.

03 June 2019

Company update/Foreign exchange

Standard Chartered launches FX pricing engine in Singapore

Standard Chartered Bank (“the Bank”) today announced its plan to establish a Foreign Exchange (FX) e-trading and pricing engine in Singapore, with support from the Monetary Authority of Singapore (MAS).

03 June 2019

Company update/Foreign exchange

CLS appoints central banker Marc Bayle de Jessé as new CEO

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of Marc Bayle de Jessé as its new CEO, effective 2 December.

29 May 2019

Company update/Foreign exchange

Sanjay Madgavkar joins Integral as chief strategy officer and head of business development

Integral, the technology partner trusted by leading banks, brokers and asset managers to help them outperform their competition in the foreign exchange market, announced today that that Mr. Sanjay Madgavkar has joined the firm’s executive team as Chief Strategy Officer and Head of Business Development.

29 May 2019

News/Foreign exchange

Over £27 million reported lost to crypto and forex investment scams

The Financial Conduct Authority is warning the public to be wary of investment scams carried out via bogus online trading platforms, after recording over £27 million lost to fraudsters offering unfeasably high returns on crypto and forex investments.

21 May 2019

News/Foreign exchange

Commission fines banks EUR1.07 billion for forex spot fixing

Traders from Barclays, RBS, Citigroup, JPMorgan and MUFG who used chat rooms to fix the spot forex market have cost their employers EUR1.07 billion in fines following an investigation by EU antitrust authorities,.

16 May 2019

Company update/wholesale

Evli live on IHS Markit thinkFolio

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, announced today that Evli, the Finnish investment and asset management specialist, has gone live on thinkFolio, the order management and portfolio modeling system.

15 May 2019

Company update/Foreign exchange

Pollen Street Capital acquires corporate foreign exchange specialist Infinity International

Pollen Street Capital, the private equity firm backing Foreign Currency Direct, has acquired UK based Infinity International.

14 May 2019

Company update/payments

Moneycorp name Bob Dowd CEO, North America

moneycorp, the foreign exchange, international payments, and FX risk management provider has appointed Bob Dowd as CEO North America of moneycorp.

18 April 2019

News/Foreign exchange

Deutsche Bourse confirms talks with Refinitiv over FX business acquisition

Deutsche Bourse has confirmed that it is in talks with Refintiv over the acquisition of 'certain FX business units', following market speculation about a pending $3.5 billion swoop for multi-bank foreign exchange portal FXall.

11 April 2019

Company update/Foreign exchange

Cobalt names fintech investment expert Stephen Wolff as strategic advisor

Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high performance technology, has appointed Stephen Wolff as a Strategic Advisor to support its global growth strategy.

11 April 2019

Company update/Foreign exchange

Broadway Technology acquires Barracuda FX

Broadway Technology, a leading provider of high-performance fixed income and foreign exchange solutions, today announced it has acquired 100% of Barracuda FX, a global provider of FX order management technology.

02 April 2019

News/Foreign exchange

SGX strengthens forex biz with BidFX investment

Singapore Exchange (SGX) has paid US$25 million for a 20% stake in BidFX, a specialised trading platform for global FX markets.

27 March 2019

Company update/Foreign exchange

FXTM gets Mauritius license

As part of its monumental growth and continued international expansion, FXTM is delighted to share that it has added another licence to its growing portfolio of regulated entities with the Financial Services Commission (FSC) of the Republic of Mauritius.

22 March 2019

Company update/Foreign exchange

LMAX posts 135% increase in operating profit in 2018

LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, reports excellent growth and record financial performance for the year ended 31st December 2018.

21 March 2019