Nomura has made its five FX algorithmic strategies available on the BidFX platform. Clients can now access Nomura’s FX Algo Tsuwamono Series on BidFX. Each strategy offers flexibility on executions designed to meet client requirements and trading preferences. “Nomura’s FX algorithms provide substantial benefits to clients, with high levels of trading flexibility. We’re pleased that […]
Siemens Gamesa Renewable Energy (SGRE) says that it has arranged ”sustainable” FX hedging contracts, totalling €174 million, with BNP Paribas. These are the first FX hedging deals to be arranged under BNP Paribas’s new sustainable derivatives platform, which is linked to the United Nation’s (UN) Sustainable Development Goals (SDG). In a release announcing this news, SGRE […]
There has been quite a flutter around the Financial Times story this week about Citi cutting the number of FX platforms it supports; to me – and I’m sorry to blow my own trumpet here, having written about just such a move in a previous column – I was not at all surprised and think […]
Matthew Kulkin, the former director of the US Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO), has re-joined the law firm Steptoe & Johnson as a partner and co-chair of its Financial Services Group. Kulkin, who had previously been a partner at Steptoe for two years before joining the CFTC […]
Brokerage firm CMC Markets has expanded its range of bespoke indices with the launch of a sterling index. This brings the total of baskets offered by the firm to 12. CMC says the new indices are bespoke to it, and in-house management allows the company to ensure the composition is always relevant, as well as […]
Confluence Technologies has acquired StatPro Group, a global provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers. Confluence has acquired the entire issued and to be issued ordinary share capital of StatPro in an all-cash offer of approximately £161.1 million and says the transaction brings […]
SmartTrade has opened a new subsidiary in Geneva and appointed two senior sales directors, Peter Holmgren in London and Claude Doricic in Paris. The firm says the opening of offices in Geneva and the relocation of Lionel Sancenot, its global head of sales, is a natural step to support the company’s growth in this region […]
The Depository Trust & Clearing Corporation has announced the appointment of Lynn Bishop as chief information officer (CIO), effective immediately. In this role, Bishop is responsible for the ongoing development and testing of all the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, as well as the IT applications underlying DTCC’s […]
Baton Systems, a provider of distributed ledger-based post-trade solutions for capital markets, has appointed Alex Knight as head of EMEA, based in London. Knight spent the last 18 years at Citi, where he held various senior positions in the UK, Asia and Australia, and worked in the bank’s FX prime brokerage business, where he held […]
Refinitiv has signed a multi-year strategic agreement with TP ICAP to support its data needs for both its brokers and technology platforms. As a major inter-dealer broker, TP ICAP requires global data across multiple asset classes, including equities, fixed income, energy and commodities, FX and derivatives. It will now be able to access such data […]
