Foreign exchange

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/Foreign exchange

FXSpotStream launches new GUI

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced the launch of a new Graphical User Interface (GUI).

/Foreign exchange

Money Mover attracts £1m in funding for money transfer venture

Money Mover, the online business currency exchange and international payments service dedicated to SMEs, today announced that it has raised £1m from a group of financiers, entrepreneurs and technologists, including Andy Homer and Sir Peter Michael.

/Foreign exchange

FXCM chooses Netwrix Auditor for customer data security compliance

Netwrix Auditor has been chosen by FXCM Inc. (NYSE:FXCM) to help improve security of critical business assets and data, and to simplify the process of passing compliance audits.

/Foreign exchange

Revolut raises £1.5m in funding

Revolut, an alternative foreign exchange service, has recently raised investment in a round led by Balderton Capital, Europe’s leading tech venture capital firm, to launch its ground-breaking international money-transfer app on iOS and Android.

/Foreign exchange

Thomson Reuters launches new app for FX traders

Thomson Reuters today announced the launch of a new app on its flagship desktop Thomson Reuters Eikon that uses unique data visualisations to help FX traders quickly pinpoint value in currency markets across multiple value metrics and multiple currency pairs in real-time.

/Foreign exchange

Equiniti agrees TransGlobal Payment Solutions acquisition

Equiniti, the leading provider of technology and solutions to some of the best known brands and public sector organisations in the UK, has exchanged contracts to acquire TransGlobal Payment Solutions (“TransGlobal”).

/Foreign exchange

Moneycorp raids Barclays for three new hires

moneycorp, the foreign exchange and international payments specialist, has made three senior hires to support the expansion of its Global Payments division.

/Foreign exchange

R5FX selects smartTrade Technologies for emerging markets FX platform

smartTrade Technologies, a global leader in multi asset end-to-end trading solutions for Banks, Brokers and Asset Managers, has been appointed to build and host the e-trading platform for R5FX, the new liquidity pool specialising in the trading of emerging market currencies.

/Foreign exchange

EBS Direct adds Metallinvestbank and Standard Bank as liquidity providers

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today the addition of Metallinvestbank as the first Russian liquidity provider (LP) and Standard Bank as the first South African LP on the EBS Direct platform.

/Foreign exchange

CQG forms equity trading partnership with Ditto Trade

CQG announced today the launch of a global equities partnership with Ditto Trade, a next generation robo-investing stock brokerage firm.

/Foreign exchange

Japanese FX broker Gaitame.com selects smartTrade platform

smartTrade Technologies, a global leader in multi asset, end-to-end trading solutions for Tier1, Tier2, regional Banks, Brokers and Asset Managers, has been selected by Gaitame.com, a leading Japanese online foreign exchange (FX) trading company, to deliver a fully automated and hosted low latency FX connectivity platform.

/Foreign exchange

TransferWise breaks £500 million per month milestone

London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates.

/Foreign exchange

ICE Trade vault gets go-ahead as repository for FX derivatives

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that the European Securities and Markets Authority (ESMA) approved ICE Trade Vault Europe Limited (ICE Trade Vault Europe) to extend its Trade Repository registration for the reporting of foreign-exchange (FX) derivatives trade data.

/Foreign exchange

Thomson Reuters raises transparency standards on FXall

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the publication of proposed operational procedures for trading protocols on its FXall platforms, including a codified Provisory Liquidity protocol that governs participants’ use of ‘last look’ liquidity.

/Foreign exchange

B2B FX platform Kantox raises $11 million

London-based business-to-business currency exchange Kantox has raised $11 million in Series B funding.

/Foreign exchange

LCH.Clearnet launches buy-side clearing of FX derivatives in Europe

LCH.Clearnet Limited (“LCH.Clearnet”), the global clearing house, today announced that ForexClear has extended its client clearing offering to include European model account structures. End-users trading Non Deliverable Forwards (NDFs) are now able to connect to four clearing brokers offering the service, including HSBC, Société Générale and Standard Chartered Bank.

/Foreign exchange

Icap's EBS and BrokerTec combine operations under one brand

EBS BrokerTec, ICAP's market-leading electronic foreign exchange and fixed income business, announces today that six months since EBS and BrokerTec merged divisions under a new management structure it has made significant progress in combining its business operations.

/Foreign exchange

FXSpotStream adds Standard Chartered as liquidity provider

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Standard Chartered has joined as a new liquidity providing bank to FXSpotStream’s clients.

/Foreign exchange

OzForex appoints Richard Kimber as CEO

OzForex Group Limited (OzForex, ASX:OFX), one of the world’s largest online international payment services providers, today announced the appointment of Mr Richard Kimber as Chief Executive Officer and Managing Director.

/Foreign exchange

Moneycorp partners with Qubit for digital transformation plan

Foreign exchange company moneycorp believes an expansion of its digital business is the key to unlocking a larger share of the exchange market.