Month: June 2008

This Week’s Releases

A round up of this week’s software releases… Cognotec has released version 3.40 of its AutoDeal+ platform which adds automated trading of emerging market NDFs as well as the ability to differentiate whether currencies are traded onshore or offshore. Additional order types have also been added to the new iteration. Orange Business Services has released […]

CLS Adds Two Currencies

CLS Bank settled payment instructions in two new currencies for the first time last week, the addition of the Mexican peso and Israeli shekel brings the number of currencies available on the service to 17. The extension of the CLS Bank service to these currencies enhances systemic stability in the settlement of foreign exchange transactions, […]

And Finally…

There are many trends apparent in the financial markets at the moment, but one that is intriguing me is that of banks seeking to create consortia to challenge existing trading venues. In the foreign exchange market this trend came and went at the start of the century and the experience has been decidedly mixed. For […]