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, […]
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Simple, but Sophisticated: XTX Launches FX Execution Algo

It is an old saw in the FX industry that firms respond to customer demand and with algo usage on the increase for firms executing FX trades, inevitably eyes have turned to XTX Markets with the question, ‘will it also enter the market for algos?’ As one of the biggest FX market makers such questions […]
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COVID Exposes Compliance Issues, Drive Spending on Surveillance Tech

Spending on trade surveillance technology has been increasing at an impressive rate and could exceed previous growth expectations as firms address weaknesses in compliance infrastructure exposed during the COVID-19 pandemic, according to a survey by Greenwich Associates. Over the last decade, the trade surveillance technology market grew at a rate of 13% to 14% per […]
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SteelEye Unveils Auto-Trade Reconstruction Solution

Compliance and data analytics firm SteelEye has released Auto-Trade Reconstruction, a solution that reduces the time it takes for a firm to reconstruct a trade from days to seconds. Under MiFID II, MAR, Dodd-Frank and other global regulations, authorised firms can be asked by the regulator at any point to reproduce the records that relate to […]
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Glue42, Leading Point Seek to Modernise Front Offices

Integrated desktop solutions provider Glue42 and financial services advisory form Leading Point Financial Markets have announced a partnership they say will help clients provide “a next-generation trading desktop experience”. The firms say that sales and trading activities are inherently complex and require equally complex software applications to manage data and workflows. Due to single monolithic applications […]
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Gemini Selects Eventus for Surveillance

Cryptocurrency exchange and custody provider Gemini Trust, has selected Eventus Systems’ Validus platform for the exchange’s new trade surveillance solution. The signing marks the sixth exchange in the digital asset space to turn to Eventus for trade surveillance. Gemini has adopted the cloud-based version of Validus on a T+1 basis for market surveillance that identifies […]
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SteelEye, Margin Reform, Partner

Compliance and data analytics firm SteelEye has announced a partnership with consultancy firm Margin Reform to support the latter’s clients with compliance and regulatory reporting solutions, through the provision of SteelEye’s RegTech suite to help them address the challenges of the evolving regulatory landscape. SteelEye’s reporting suite captures, cleanses, validates, and enriches client data in real-time and automates large parts of […]
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FMSB Investigates Role of Machine Learning in Market Surveillance

The FICC Market Standards Board (FMSB), has published its latest Spotlight Review, which looks at the impact of machine learning on market surveillance functions as part of the broader challenges facing institutions as they establish oversight frameworks. It argues, “Machine learning could lead to fundamental changes in market surveillance given its ability to process complex, […]
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Mrkts Teams Up with OSL

Order and execution management system (OEMS) provider Mrkts has teamed up with Asian digital asset platform OSL to launch two services, OSL Exchange and OSL intelligent request for quote (iRFQ). The two services connect directly into Mrkts, which is TradingScreen’s OEMS and allows institutional investors to price, buy and sell the top digital assets by […]
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Virtu Releases New TCA for FX Algos

Virtu Financial today announces the expansion of its global TCA offering with the launch of a new analytics product dedicated to FX algorithmic execution. As consumers of its own products, Virtu says it incorporates firsthand learning into its analytics tools that are designed to assist clients in analysing their trading decisions. Drawing on its scale, […]
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