StanChart Signs with Cobalt

The foreign exchange post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign, adding that as an emerging market bank, this move will allow more market participants to experience the benefits and cost savings that Cobalt’s infrastructure provides. “As a global FX participant we realise the need for market standardisation,” […]
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TrueFX Unveils Clearing Member Network

TrueFX, a venture between Integral Development and Jefferies FX prime brokerage business, has announced the launch of the TrueFX Clearing Member network, with Axicorp, FXCM and Velocity Trade as the first members. Clients of the venture, which was announced in November 2019, will have the option to clear through Jefferies FXPB, the central credit counterparty […]
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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 […]
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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 […]
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BidFX Upgrades Mobile App

BidFX, a cloud-based provider of electronic FX trading solutions, today announces the launch of what it says is a major upgrade to its mobile app to meet growing demand among hedge funds and asset managers to securely manage and trade their spot FX, forward and NDF positions. Via global SAAS technology, mobile app users will […]
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BIS Appoints Innovation Hub Chiefs

The Bank for International Settlements (BIS) has announced two key appointments to the BIS Innovation Hub, an initiative unveiled last year and designed to support central bank collaboration on new financial technology. Andrew McCormack, chief information officer at Payments Canada, will head the BIS Innovation Hub Centre in Singapore, with Morten Bech, head of secretariat for […]
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Cloud9 Appoints COO

Cloud9 Technologies has appointed Jim Miller as chief operating officer (COO). In this role, he will guide product realisation and rollout, as well as assist in defining business and market strategies across the organisation, including the company’s efforts to facilitate the integration of voice data and activity into the trader workflow. Miller joined the firm […]
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Sucden Goes Live with Cobalt for Post-Trade

The post-trade infrastructure provider Cobalt has today announced that Sucden Financial is joining Cobalt’s post-trade technology network for its FX business. Cobalt’s post-trade infrastructure creates a single trusted set of standardised trade data from which Sucden can utilise Cobalt’s range of middle and back office trade solutions, including its Core Credit module. Sucden is accessing […]
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Discount Bank Implements Integral Technology

Tel Aviv-based Discount Bank (DB) announced today that it has partnered with Integral to deploy new eFX workflow automation and trading technology to drive business growth. DB needed a solution for their e-FX business which would allow them to improve flexibility and extend their reach over different trading channels. Integral BankFX was selected for the […]
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ION Acquires Controlling Stake in Broadway Technology

ION Investment Group announced a recapitalisation of Broadway Technology, a leading provider of high-performance capital markets solutions, in which ION is acquiring a controlling stake alongside Long Ridge Equity Partners and the Broadway founders. “Partnering with ION provides the investment to accelerate our product roadmap including workflow automation technology across different market segments and asset […]
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