Latest Foreign exchange News: Finextra Research

Deutsche Bank fined $156.6 million for chat room violations

The Federal Reserve on Thursday announced two enforcement actions against Deutsche Bank AG that will require the bank to pay a combined $156.6 million in civil money penalties.

21 April 2017

Company update/Foreign exchange

India's BuyForexOnline moves into B2B arena

Bengaluru based BuyForexOnline, the pioneer in the online Forex space, has announced the launch of a revolutionary new B2B Forex platform for Travel agents & Education Consultants.

21 April 2017

Company update/Foreign exchange

Investoo buys comparison site100ForexBrokers

100ForexBrokers.com, launched in 2012, is one of the world’s biggest Forex broker comparison sites with 60,000+ unique visitors per month and 100s of real user reviews.

18 April 2017

Company update/Foreign exchange

Quantopian invests in FlexTrade's OEMS

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced that Quantopian (@Quantopian), a quantitative investment firm, has deployed FlexONE, the company’s new order / execution management system (OEMS) for the buy side.

10 April 2017

Company update/Foreign exchange

Cobalt DL secures LMRKTS as multi-lateral compression partner on BlueSky

Cobalt DL (Cobalt), the FX post-trade processing network based on distributed ledger technology, today announced a partnership with LMRKTS, who will be the first firm to offer services on its revolutionary BlueSky service, the shared ledger component of Cobalt’s platform.

06 April 2017

Company update/Foreign exchange

MahiFX authorised by Financial Conduct Authority

Financial technology provider, MahiFX, are now authorised to provide regulated products and services by the FCA.

05 April 2017

Company update/Foreign exchange

TradingScreen to provide customers Tethys Technology algos

Tethys Technology, an industry leader in financial software development for the capital markets has announced a deal with TradingScreen, the leader in electronic trading platforms to provide its customers with Tethys’ broker-neutral algorithms for equities, futures, options and FX trading.

20 March 2017

Company update/Foreign exchange

Pragma establishes European presence at Equinix LD6 data center

Pragma, a multi-asset class provider of high performance algorithmic and analytical trading tools, has established a connectivity presence in Equinix’s LD6 data center in London to service its growing international client base.

09 March 2017

Company update/Foreign exchange

Nordea releases AutoFX for corporate treasury

Nordea Cash Management and Nordea Markets announce the launch of AutoFX, the new autopilot for corporates seeking to automatically balance cash pools and manage foreign currency risk. Nordea is the first bank in the Nordics to offer this type of solution.

28 February 2017

Company update/Foreign exchange

360T Group hires Simon Jones as chief growth officer

360T Group, Deutsche Börse Group’s powerhouse for FX and independent global provider of a multi-bank, multi-asset trading platform, continuous to invest in accelerating its strong growth path by making a high caliber addition to its Management.

27 February 2017

Company update/Foreign exchange

BT launches Radianz FX Express

BT today announced that it is linking up the world’s five main foreign exchange (FX) locations to help boost the competitiveness of its global financial industry customers.

21 February 2017

Company update/Foreign exchange

EBS BrokerTec turns to Nasdaq for market surveillance

Nasdaq, Inc. (NDAQ) today announces that it has been competitively selected to deliver its SMARTS Market Surveillance technology to EBS BrokerTec, a NEX Group business that provides electronic trading technology and services to the fixed income and foreign exchange (FX) markets.

16 February 2017

Company update/Foreign exchange

ICBC Asia begins 24-hour streaming support to FXall

After being the first Chinese bank to stream spot CNH price during Asian time zone, ICBC (Asia) is now the first Chinese bank to initiate a 24 hour price streaming on Thomson Reuters platform FXall via Electronic Trading (ET).

16 February 2017

News/Foreign exchange

Singapore's MAS sets up data analytics group

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

Company update/Foreign exchange

EBS Live Ultra to provide data at 5ms intervals

EBS BrokerTec, a NEX Group business which provides electronic trading technology and services, announces today that it has further enhanced its EBS Live Ultra data feed, providing spot foreign exchange (FX) data at 5 millisecond intervals.

01 February 2017

Company update/Foreign exchange

XTX Markets launches liquidity analysis tool

XTX Markets, a leading electronic trading firm providing liquidity in equity, derivatives, FX and commodity markets, today announces that it has released ‘XTX-ray’, a liquidity analysis tool that allows market participants to evaluate the quality of their Spot FX execution.

31 January 2017

Company update/Foreign exchange

CLS to introduce alternative models for membership

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, has introduced two new models for settlement membership – affiliated settlement membership and non-shareholder settlement membership – in addition to the existing shareholder and central bank settlement membership categories.

25 January 2017

News/Foreign exchange

FxPro shelves IPO amid FCA crackdown

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

Company update/Foreign exchange

NAB and CBA rapped over spot FX control failings

ASIC has today accepted enforceable undertakings (EUs) from each of the National Australia Bank Limited (NAB) and the Commonwealth Bank of Australia (CBA) in relation to the banks’ wholesale spot foreign exchange (FX) businesses.

21 December 2016

News/Foreign exchange

Citi backs blockchain startup

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