Foreign exchange

803 articles tagged with this keyword

/retail

Onpex enables instant currency conversions during cross-border transactions

Building on its successful multi-currency IBAN account offering, Onpex will be launching its new automated foreign exchange (FX) capability in March 2019. With the release of this solution, Onpex’ unique Iban offering will support seamless FX for more efficient currency management and for sending and receiving money internationally.

/Foreign exchange

Refinitiv launches trade performance analytics for FXall

Refinitiv has formally launched Trade Performance Analytics, the new analytics solution for users of FXall.

/regulation

Standard Chartered pays $40 million to New York DFS over forex conduct

Standard Chartered PLC (“the Group”) announced today that it has agreed a Consent Order with the New York State Department of Financial Services (“DFS”). The

/Foreign exchange

IHS Markit invests in Cobalt

IHS Markit has taken a minority stake in blockchain-based post-trade processing network Cobalt, embedding its MarkitSERV operation deeper into currency trading back offices.

/Foreign exchange

Traiana connects to HKEX OTC Clear

Traiana, a leading infrastructure service which provides trade life-cycle and risk management solutions, today announced that it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing’s OTC Clearing Hong Kong (OTC Clear).

/wholesale

Kyriba to buy enterprise currency management specialist FiREapps

Kyriba, the global leader in cloud treasury and finance solutions, today announced it has reached an agreement to acquire FiREapps, the leader in enterprise currency management, in a deal that creates the most advanced and effective solution for seamlessly managing the entire lifecycle of global foreign exchange (FX) risk.

/Foreign exchange

HSBC uses DLT to settle $250bn of FX transactions

HSBC says its use of distributed ledger technology over the last year to settle more than three million foreign exchange transactions has proved a big hit.

/payments

Moneycorp becomes Everton's first international payments partner

Everton Football Club has signed a new partnership agreement with moneycorp, global specialists in currency exchange and international payments.

/payments

Kyriba adds WorldFirst as strategic partner

Kyriba, the #1 provider of cloud treasury and financial management solutions, today announced it has expanded its global ecosystem by adding WorldFirst, the foreign exchange and international payments expert, as a new strategic partner to further empower financial executives.

/Foreign exchange

Revolut approved for Japan and Singapore push

Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific

/Foreign exchange

CLS rolls out DLT-based payment netting service

FX risk reduction utility CLS has gone live with CLSNet, a bilateral payment netting application running on distributed ledger technology from IBM

/Foreign exchange

Morgan Stanley pumps $15 million into Integral

Morgan Stanley has invested $15 million in foreign exchange technology outfit Integral.

/Foreign exchange

Nordics P27 initiative could drive common infrastructure for direct debits

E-invoicing and direct debits stand to be transformed as a result of the P27 initiative, as well as the promotion of healthy competition among banks for new products and services, according to panellists at Finextra's NextGen Banking Nordics annual conference in Stockholm

/Foreign exchange

Linear Investments deploys Integral BankFX

Paul Kelly, CEO of Linear Investments, a Prime Broker based in London’s West End, has today announced an agreement with Integral, the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market.

/wholesale

ACI – The Financial Markets Association teams up with ICA to promote the FX Global Code

ACI – The Financial Markets Association (ACI FMA), has teamed up with the Interarab Cambist Association (ICA) to promote the FX Global Code amongst financial institutions in the Middle East and Africa.

/Foreign exchange

CME Group closes NEX acquisition

CME Group Inc. (Nasdaq: CME) today announced that it has completed its acquisition of NEX Group plc (NXG.L). The combined company will enable clients worldwide to trade futures, cash and over-the-counter (OTC) markets, optimize portfolios and analyze data to efficiently manage risk and capture opportunities.

/Foreign exchange

Cobalt appoints Anoushka Rayner as global head of sales and business development

Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has appointed FX specialist Anoushka Rayner as global head of sales and business development.

/Foreign exchange

Bank of America Merrill Lynch updates AutoFX

Bank of America Merrill Lynch today announced enhancements to AutoFX, its automated currency conversion product for financial institutions.

/Foreign exchange

Mobile trading app launches programme to give students experience in crypto and forex

New mobile trading platform, Pipster, is giving university students the chance to experience trading first hand, with a new immersive programme.

/Foreign exchange

NEX Group and Capitolis begin collaboration

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, and Capitolis, a pioneering technology provider for the capital markets announce today they will collaborate in a partnership to provide immediate access to Capitolis’ FX novation service through the NEX Infinity platform.