Foreign exchange

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/Foreign exchange

IPC becomes Hotspot connectivity provider

Hotspot, a leading institutional foreign exchange (FX) market owned and operated by Bats Global Markets (BATS), and IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced that IPC is now a connectivity provider to Hotspot, enabling IPC’s diverse ecosystem of buy-side and sell-side clients to gain access to the Hotspot market.

/Foreign exchange

Cross-border payment developer Yian Tongbao inks cooperation deal with ChinaPay and Yiwu China

China Public Procurement Limited (the "Company" or “CPP”, HKEx stock code: 1094) is pleased to announce that, on May 12, Beijing Yian Tong Bao e-commerce Limited (“Yian Tong Bao”), which is the Company intends to acquire and is principally engaged in electronic platforms for clearing and settlement service, has entered into a tripartite cooperation framework agreement with Shanghai ChinaPay Electronic Payment Services Co., Ltd. and Yiwu China Commodities City Information and Technology Company Limited in relation to cross-border online settlement business.

/Foreign exchange

Elysium Technology Group and TradAir forge front-to-back FX alliance

Leaders in the FX industry, Elysium Technology Group (Elysium) and TradAir, are proud to announce a new alliance that brings a fully integrated, next generation front to back FX solution to the industry.

/Foreign exchange

Questrade adopts Broadridge tech for FX and liquidity management

Broadridge Financial Solutions, Inc. (BR) today announced that Questrade, an online retail brokerage based in Canada, has adopted Broadridge's end-to-end foreign exchange and liquidity solution, Broadridge FX and Liquidity (FXL).

/Foreign exchange

Moneycorp enters US market with Tempus

Leading foreign exchange and international payments provider moneycorp, has formed a strategic alliance with Tempus, Inc. - a Washington DC-based provider of corporate foreign exchange and international payments - to launch moneycorp Powered By Tempus in the US.

/Foreign exchange

IPC launches FX Hub

IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced that it has launched FX Hub, a low latency, co-located performance solution engineered to address the industry's most complex trading challenges.

/Foreign exchange

Computop and Credorax partner for cross border payments

Payment service provider Computop and global merchant acquiring bank Credorax have partnered to facilitate cross-border e-commerce payment solutions for global businesses.

/Foreign exchange

R5 builds team in London and Singapore

R5, the emerging marketplace for local market FX trading, today announced four new appointments in its London and Singapore offices. The Global FinTech is currently live for eNDF trading in London and Singapore.

/Foreign exchange

World First opens up to Japan

Award-winning, international FinTech payments and currency experts, World First, is launching a new service in Japan providing access to a new market for online sellers worldwide.

/Foreign exchange

Tramonex gets £250K UK govt grant for blockchain-based cross-currency payments

London-based forex startup Tramonex has scored a £250,000 grant from the UK government to develop a prototype for cross currency payments using blockchain technology.

/Foreign exchange

CQG expands connection to Moscow Exchange

CQG, a global provider of high-performance trade routing, reliable market data, and advanced technical analysis, announced today that it has expanded its connection with Moscow Exchange (MOEX), the leading exchange in Russia, to now provide equities and FX trading via CQG’s API division, Continuum.

/Foreign exchange

CFH Clearing to extend risk management services with MahiFX

CFH Clearing, the highly regarded STP venue, have announced this week that they will offer clients MahiFX's institutional product, MFX Compass, as a provider of price & rate formation and risk management.

/Foreign exchange

Standard Bank South Africa deploys TradAir for e-FX

Standard Bank South Africa (SBSA) deploys TradAir as part of strategic vision to dominate Dollar Rand (USD.ZAR) market-making globally, and create regional market-making specialists across Africa.

/Foreign exchange

EZforex appoints Jorge Jimenez as CEO

EZforex, Inc. (eZforex), a national leader in the provision of foreign currency for travelers through financial institutions, announced today that Founder Evan Shelan is transitioning from his position as CEO to Chairman of the Board.

/Foreign exchange

Markit adds Moscow Exchange to FX trading connectivity network

Markit (Nasdaq: MRKT), a leading global provider of financial information services and the Moscow Exchange (MOEX), Russia’s multifunctional exchange platform, today announced that Markit’s FX pricing distribution hub service added MOEX to its network of trading venues, providing FX market participants worldwide cost effective trading access to one of the world’s fastest growing exchanges.

/Foreign exchange

Advanced Markets and Fortex name Bjorn Enqvist MD

Advanced Markets LLC, the leading institutional liquidity provider and prime of prime, and Fortex Inc., the pace-setting FX technology company, have today announced the appointment of Bjorn Enqvist to the role of Managing Director.

/Foreign exchange

R5 goes live in Singapore

R5, the emerging marketplace for local market FX trading, announces that live trading has commenced in Singapore, following its authorisation from the Monetary Authority of Singapore (MAS).

/Foreign exchange

Saxo Payments offers corporate access to real-time FX trading and payments

Saxo Payments, the global transactions services provider, is extending its footprint in the international trading sector with the addition of a real-time FX trading platform, accessible to members of the Banking Circle.

/Foreign exchange

CQG Continuum connects to Oanda

Continuum, CQG's enterprise API division, today announced that it has partnered with Oanda, a leading global provider of online foreign exchange (FX) and over-the-counter commodities and indices trading services, to provide US-based FX trading.

/Foreign exchange

CME appoints Paul Houston as global head of FX

CME Group, the world's leading and most diverse derivatives marketplace, today announced the appointment of Paul Houston as Executive Director, Global Head of FX.