Month: March 2005

ACI Reinforces Self-Regulation Ideal

ACI The Financial Markets Association, has, in the form of a letter from its president, Godfried De Vidts, and chairman of the Committee for Professionalism (CFP),, Teruo Tanaka, to Pierre Francotte, CEO of  Euroclear, reinforced ACI’s stance that the OTC markets function better with a minimum of regulation.   The letter was in response to […]

Back on Track: SARB’s Plenderleith Reflects on 10 Years of Democracy

The end of Apartheid in South Africa in 1994 heralded a new era for that commodity-rich country. The intervening 10 years have been a period of intense change for South Africa. Here South African Reserve Bank Deputy Governor, Ian Plenderleith, talks candidly to Jennifer Coldwellat Profit & Loss about the changes that have taken place, […]

RBNZ Celebrates 20 Years of a Floating Dollar

The Reserve Bank of New Zealand (RBNZ) celebrated the 20th anniversary of the floating of the New Zealand dollar on March 4 with a function attended by banking sector representatives and other key players at the time of the float. The RBNZ says that the floating regime has weathered several business cycles and plenty of […]

GFT Links with McElhannon

Futures commission merchant, Global Forex Trading (GFT), has partnered with research and consulting group, McElhannon Group, to offer what it terms a new “institutional quality forex trading signals program”, called InciteFX. GFT says that each trading signal suggests a forex market position or several within a given time period and is delivered directly to traders […]

CME Adds Euro, JPY Options to Globex

The Chicago Mercantile Exchange (CME) will launch new euro FX and Japanese yen options contracts, with European-style expiration, on its Globex platform in April. The Merc already offers these contracts with American-style expiration via open outcry and during a limited Globex trading period.   The launch means these contracts will be available nearly 24 hours […]

Thomson Launches Multibank IRS Market

The battle for online interest rate swap (IRS) volumes continues to heat up as Thomson TradeWeb announces it is launching a rival to Bloomberg’s TradeBook for bank to client IRS trading. Thomson has teamed up with six major liquidity providers to launch euro IRS trading on what it claims is the first multidealer platform of […]

BTM Extends Cognotec Service

The Bank of Tokyo-Mitsubishi (BTM) has gone live with Cognotec’s Market Rate Manager (MRM) solution, which it will use to provide singly-sourced FX rates to various internal bank systems. The bank already uses Cognotec’s AutoDeal solutions for pricing to its proprietary platform and multibank portal, FXall.   Kenichi Nakao, senior manager, foreign exchange & treasury […]

Portware & Hotspot Link Up

Portware, a trade management system vendor, has implemented access to Hotspot FXi via its Portware Professional tool. The integration allows Portware users to directly place FX orders into the Hotspot FXi marketplace via the user interface and incorporate FX trades into automated trading strategies executed across the global equities, futures and options markets.   The […]

…As Will CQG

EBS Market Data has also sealed a deal to provide the company’s data as an exchange feed within the CQG FX offering, providing CQG customers with access to transactional FX prices. Denver-based CQG provides financial information, industry standard technical analysis tools and integrated listed derivative order routing to traders. Chirac Stirs the Pot   French […]

Telerate to Distribute EBS Data

Qualifying customers that subscribe to the TelerateMobile product can now view EBS prices alongside Telerate’s indicative pricing and news after the two companies reached a distribution agreement. Additionally, EBS price histories can be displayed using the charting capabilities of TelerateMobile.   Telerate says the new service provides access to definitive transactional FX market data 24-hours-a-day […]