Month: October 2013

And Another Thing…

I think everyone is fully aware of my views on the furore surrounding the 4PM Fix, if you aren’t please read this column on August 29 and October 14, so I thought I would look at a couple of different aspects of this issue; hubris, the effectiveness of surveillance in the e-era and one report […]

SGX Sets Date for Asian FX Futures Foray

Singapore Exchange (SGX) is launching its first suite of foreign exchange futures on November 11, prompted by the potential regulatory shift for OTC instruments to be moved onto an exchange-traded environment. Overrunning from its original intention to launch in Q3, the contracts will cover six deliverable and non-deliverable Asian currency-pairs: AUD/USD, AUD/JPY, USD/SGD, INR/USD, KRW/USD […]

UBS, Barclays and Deutsche Bank Cooperating with FX Probe

UBS, Barclays and Deutsche Bank have confirmed they are being investigated by several authorities in relation to recent allegations of FX manipulation in the market. UBS adds that is has also taken disciplinary action against certain undisclosed employees following its own internal review of its FX business, but declines to give further details as the […]

CFTC Hits Rabobank over Libor

Rabobank has become the latest financial markets player to be hit with fines over the London Interbank Offered Rate (Libor) scandal, the Dutch giant faces penalties of more than $1 billion from authorities in the US, UK and Holland. The Commodity Futures Trading Commission has brought and settled charges of false reporting and attempted manipulation […]

And Finally…

There seems to be a degree of surprise in some quarters that there are problems in adopting to the new era of SEF trading – why? There are a lot of things that are hard to predict in this world but a rough, uncertain start to the SEF era wasn’t one of them – the […]

Tech Corner

National Australia Bank has adopted Thomson Reuters Eikon across its trading floor in Hong Kong to improve staff productivity and cross-market communication.   Direct market access provider Object Trading, has announced that Deltix, a provider of software for the development of quantitative strategies, has integrated its quantitative analytics and trading technology with the firm’s global […]

State Bank of Vietnam Works with TR for FX

Thomson Reuters and State Bank of Vietnam have launched a real-time trade monitoring and post-trade system for collecting and extracting information in the interbank foreign exchange market. Thomson Reuters has had a presence in Vietnam for 21 years and claims to be the leading international financial provider to operate in the country. In 1995 Thomson […]

SuperDerivatives Extends Market Data Offering

SuperDerivatives has extended its market data offering with the launch of DGX Direct, a real-time data feed that streams directly into customers’ systems. The new service will stream real-time, snapshot and end-of-day data for all cash and derivatives instruments in all markets, including all curves (forwards, interest rates, OIS, inflation, credit, dividends) and volatility surfaces […]

TMX Atrium Boosts Moscow Exchange Reach

TMX Atrium has added the Moscow Exchange to its connectivity fabric, a move which increases the number of access options available for its clients to the Russian markets which it has been active in since 2011. The financial infrastructure provider added connectivity to the venue’s data and trading capabilities as part of its overall expansion […]

Omgeo Partners with TriOptima and AcadiaSoft

Post-trade processing firm Omgeo has announced partnerships with TriOptima and AcadiaSoft to extend straight-through processing for users of Omgeo ProtoColl, its automated collateral and margin management solution. The interfaces are scheduled to go live in Q1 2014. In response to global regulations that require firms to reconcile OTC positions on a regular basis, ProtoColl will […]