Sumitomo Picks Kx for e-FX Platform

Kx, a division of First Derivatives, has been selected by Sumitomo Mitsui Banking Corporation (SMBC) to build and manage its next generation e-FX platform. Under a multi-year agreement, Kx will provide SMBC and its clients with a solution that delivers electronic execution, distribution capabilities, algorithmic trading and risk management supported by real-time pre– and post-trade […]
Read More »

GFXC Issues Report into Anonymous Trading

The Global Foreign Exchange Committee (GFXC) has released a report The Role of Disclosure and Transparency on Anonymous E-Trading Platforms alongside the results of its 2019 survey of attitudes towards the FX Global Code ahead of the impending three-year review. The anonymous trading report maps out and describes the current e-trading platform landscape, with a […]
Read More »

Cloud 9 Partners with GreenKey

Cloud-based communications provider Cloud9 Technologies, and GreenKey Technologies, a provider of AI-powered conversational analytics, have teamed up to provide the institutional marketplace with a solution that will enable a more efficient and secure extraction of voice trading data. The collaboration will leverage Cloud9’s C9 Trader voice collaboration platform and GreenKey’s speech recognition (ASR) and natural […]
Read More »

Redline Onboards 24 Exchange for NDF Trading

Redline Trading Solutions has announced today that 24 Exchange is now supported by its InRush Ticker Plant and Order Execution Gateway for its FX clients. Redline provides market data and order execution systems for automated trading, while 24 Exchange is an offshore OTC trading platform launched last year that offers NDF trading, although it plans […]
Read More »

IS Prime Partners with Pelican Trading

IS Prime has announced a partnership with Pelican Trading, a social copy-trading solutions and white label provider for brokers. The firm has integrated Pelican’s proprietary copy-trading technology into its trading platforms and can now offer these tools to clients. IS Prime claims that this is part of a solution to help drive volumes and customer […]
Read More »

ErisX Announces Partnership with Etale

ErisX has partnered with Etale, a firm that offers market data, exchange connectivity, order management and accounting capabilities for firms trading digital assets. Members of ErisX will now be able to view real-time market data, and manage account balances and order execution via a secure connection using either Etale’s front end or API. “We want […]
Read More »

BIS Shows Progress on Issuing Digital Currencies

A new survey from the Bank for International Settlements (BIS) shows that some central banks are creeping towards issuing their own digital currencies. A total of 66 central banks responded to the latest survey, which was conducted last year, representing 21 advanced economies and 45 emerging market economies, covering 75% of the world’s population and […]
Read More »

Digital Vega Continues Expanding Ahead of 2020 Launches

Digital Vega is continuing to ramp up its business ahead of a series of new launches this year with the hire of Rob Wemyss as a non-executive director and head of business development. Wemyss, who joins after 25 years with JP Morgan where he was global head of FX options, is the latest in a […]
Read More »

StanChart Claims Latency Gain from Singapore e-FX Engine

Standard Chartered Bank says it has executed its first FX trade using its newly set-up FX e-pricing engine in Singapore with a “significant” reduction in latency. The bank established its e-engine in the Singapore hub with support from the Monetary Authority of Singapore (MAS), which established and initiated a plan in 2017 to encourage more […]
Read More »

GCEX Partners with PrimeXM

GCEX, a digital asset and currency trading platform, has successfully integrated with PrimeXM’s XCore, a low-latency aggregation, risk management and reporting trading system. The PrimeXM partnership will allow participants of the XCore community to access GCEX liquidity. XCore is installed and managed by PrimeXM’s infrastructure in the LD4, NY4 and TY3 Equinix data centres. Lars […]
Read More »