Day: 2 September 2020

Fed’s Williams: New Framework Strengthens Fed Hand

The Fed’s new policy framework targeting average inflation over time puts the central bank in a stronger position to meet its employment and inflation goals, New York Fed President John Williams said Wednesday. “The new framework statement directly and effectively addresses the problems caused by a low neutral rate and persistently low inflation,” Williams said […]

TriOptima, AcadiaSoft Partner on Collateral Processing

TriOptima has extended its collaboration with AcadiaSoft to automate monthly collateral interest payments for over-the-counter (OTC) market participants. According to International Swap Dealers Association (ISDA) data, cash collateral accounts for approximately 70% of all collateral exchanged for non-cleared derivatives, equivalent to $1.3 trillion in 2019 alone, TriOptima notes. A significant proportion of this market still […]

Broctagon Launches Crypto Aggregation Tool

Singapore-based Broctagon has upgraded its Nexus 2.0 liquidity aggregator technology to include native altcoin liquidity management – a solution it says allows exchanges to regulate the demand and supply of their native altcoins via algo-automated execution to “achieve healthy liquidity and enhance token tradability”. The firm observes that unlike Bitcoin and major altcoins such as Ethereum and Litecoin, most […]

HSBC Launches NDFlex Algos

HSBC’s FX Alternative Execution Services has launched a new NDF algo offering called NDFlex – initially available in five currency pairs using a number of strategies. The new algo suite is offered in the dollar against IDR, INR, KRW, PHP and TWD, and Implementation Shortfall, Liquidity Seeking, TWAP, VWAP, Get Done and Liquidity Plus strategies […]

TraditionData Adds Ameribor to Benchmark Data Sets

TraditionData the data arm of inter-dealer broker Compagnie Financière Tradition, says it has added the Ameribor interest rate benchmark as one of its dollar alternative reference rates (ARRs). Ameribor is a new credit-sensitive benchmark created by the American Financial Exchange and TraditionData will publish spreads between it and the Secured Overnight Financing Rate (SOFR) and […]

Edgewater Launches New EM-Dedicated Platform

Edgewater Markets has unveiled EdgeFXLatam, a platform that leverages the firm’s proprietary technology and adapted specifically for Latin American markets. Edgewater says the platform is the first to offer local participants streamed price technology that integrates the local markets with the greater FX community, enabling banks to automate and optimise transaction flow with local clients, […]