DTCC Publishes White Paper on DLT Network Security

With the adoption of distributed ledger technology (DLT) expected to grow in financial services, the Depository Trust & Clearing Corporation (DTCC) published a white paper on “Security of DLT Networks”, that recommends establishing a comprehensive, industry-wide DLT Security Framework to review existing security guidelines, gaps in the approach to DLT security, and the need for increased standards. The […]
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Four Firms Join CLS’ DLT Service

CLS says that Actinver, BNP Paribas, Citibank and JP Morgan are live on CLSNet, the utility’s standardised, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform. This means there are now nine market participants live on CLSNet, including Bank of America, Bank of China (Hong Kong), Goldman Sachs, Intesa Sanpaolo […]
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TickTrade Bolsters European Sales Team

TickTrade Systems, a provider of SaaS trading, global payments and analytics solutions for financial institutions announces the appointment of James Cusack as managing director of European Sales. Cusack has over 15 years of experience in financial market sales roles. Most recently, he was global head of sales for Caplin Systems, based in London. Prior to […]
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Hg Invests in SmartTrade

European software investor Hg has entered into an agreement to acquire stakes from Keensight Capital and Pléiade Venture in SmartTrade Technologies – details of the trade were not announced, however the management team of SmartTrade will remain invested in the business. Hg’s investment will be made from its Mercury 2 Fund and represents the firm’s […]
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In the FICC of It

In this week’s new style podcast Colin Lambert casts his eye over some key news stories of the week and is joined by Jay Moore, founder and CEO of FX Hedgepool and Rob Loft, founder and CEO of Harvey Loft to discuss two in depth. Listeners will be surprised to hear that Lambert has some […]
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ChartIQ Introduces Post-Trade Visualization

ChartIQ, a fintech company that specialises in data and charting software, today introduced Post-Trade Visualization, a software solution that it says provides order transparency. Post-Trade Visualization enables financial firms to meet regulatory compliance requirements like Dodd-Frank and MiFID II by organising the relevant data related to an order and visually mapping an order’s lifecycle in one place, […]
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FX HedgePool Launches Buy Side-to-Buy Side Matching

FX HedgePool launched its new buy side-to-buy side swaps matching utility – FXHP – last Friday with three asset managers, including Vanguard, Eaton Vance Management and a European manager, along with Standard Chartered Bank operating as credit provider. The launch focused on a single currency pair – EUR/USD – and although the firm declines to […]
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Citi to go Live with Cobalt

Cobalt says Citi intends to go live on its infrastructure for bilateral trading. Applicable across a variety of FX trading types – including banks, buyside, prime brokers and retail brokers – Cobalt’s infrastructure creates a standardised joint record of all FX trades. From this unique data set, the firm offers a multitude of back and middle […]
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In the FICC of It

There is a packed agenda for Galen Stops’ last In the FICC of It podcast as he and Colin Lambert discuss a busy week in FX markets – especially if you’re in the survey business! After Lambert salutes Refinitiv for its gesture in donating brokerage to the Australian bushfire relief effort and Martin Mead on […]
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Straits Financial to PoP Spotex

Straits Financial has been named as a prime-of-prime provider to FX ECN Spotex. The agreement enables clients to access FX liquidity via Straits Financial and provides a gateway for brokers to deploy Spotex’s modular technology solutions and includes Straits Financial’s proprietary institutional liquidity accessed via a dedicated Spotex Broker Liquidity Hub. Straits Financial will also […]
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