Day: 25 February 2020

TriOptima Expands triResolve for Swift Payments

TriOptima, an OTC derivatives market infrastructure service, today announced that it is extending its triResolve Margin collateral management service to support automated Swift payment capabilities. The new settlement automation service provides instant connectivity to the Swift network for cash transfers and securities settlement, as well as direct access to a broad range of custodians and […]

Commerzbank, DekaBank Join Trad-X Platform

Interest rate derivatives platform, Trad-X, added two German institutions to its dealer-to-client (D2C) electronic central limit order book (CLOB). Commerzbank will provide liquidity on Trad-X D2C and stream two-way pricing to a range of smaller banks and buy side clients on Eurex cleared instruments, while Frankfurt-based DekaBank joined the platform as a non-dealer. More than […]

Crux and Euronext Sign FX Data Deal

Crux Informatics has entered an agreement with Euronext FX to enable broad market delivery of the latter’s FX market data. Crux is a cloud-based data delivery and operations platform that connects customers with data suppliers around the globe and will now enable any authorised data consumer to access Euronext FX market data through a number […]

Barclays Joins FXSpotStream

Barclays has become the 14th bank available to clients connected to FXSpotStream’s price streaming service. The bank joins existing liquidity providers, BofA Merrill Lynch, MUFG Bank, BNP Paribas, Citi, Commerzbank, Credit Suisse, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Standard Chartered, State Street and UBS. “We are delighted to have Barclays join the existing liquidity […]

Refinitiv Launches Matching in Ghana

Refinitiv has extended its reach in Africa by launching its Matching for FX platform in Ghana for trading of the Ghanaian Cedi (GHS). Dr. Ernest Addison, governor of the Bank of Ghana, expressed the importance of this key milestone to the Ghanaian financial market and the broader West African community, by noting, “Ensuring that we […]

TickTrade Adds Payments Solution

Toronto-based FX trading solutions provider TickTrade Systems has added new global payments capabilities, which it says will make it easier for financial institutions to deliver end-to-end FX trading and payments solutions to their clients. The firm says that new competition, expanding regulatory/standards requirements and rapidly changing client demands in global payments pose serious threats to […]

Eurex Clearing Expands Buy Side Sales

Nick Barnes will join Deutsche Börse Group as senior vice president for sales and relationship management on 1 March 2020, to concentrating on Eurex Clearing’s buy-side initiative. He will be based in London and report to Jonathan Lombardo, head of fixed income derivatives funding & financing sales, northern Europe. European Sales at Eurex is led […]

ISDA a Step Closer to Benchmark Fallbacks Definition

The International Swaps and Derivatives Association (ISDA) has published a statement summarising responses to a supplemental consultation on the spread and term adjustments that would apply to fallbacks for derivatives referencing euro Libor and Euribor. The statement follows a fourth consultation exercise over the issue that has vexed markets as regulators push for an end to the […]