Cognotec in Margin Trading venture & White Labelling Initiative

Cognotec is collaborating with Financial Software Systems (FSS), developer of the Spectrum Treasury System, to develop an FX margin trading service in Asia. Separately, Cognotec has begun offering a white labelling product, based on its AutoDeal Direct service. Cognotec and FSS have developed a service, dubbed AutoDeal Lite-MarginTrac, that enables banks and brokerages to deliver […]
Read More »

Atriax in the Starting Blocks

Atriax, the multi-contributor portal majority owned by Citibank, Deutsche Bank, JP Morgan Chase & Co and Reuters, has released its pricing structure and is due to begin live dealing between members of its buy-side advisory and sell-side bank boards. Full trading capabilities for the wider market are on schedule for launch in June. The initial […]
Read More »

…While Fxall Nears Full Launch

FXall, the rival multi-bank portal, has already moved into the demo trading phase and is due to introduce full live trading shortly, says Phil Weisberg, CEO of the New York-based company. FXall currently has 42 banks signed up to act as liquidity providers (eight of which are equity partners). Weisberg says FXall is in various […]
Read More »

State Street Adds Money Markets to Global Link Platform

State Street has expanded its Global Link platform with the launch of Money Market Connect (MM Connect). According to the bank, the system enables corporate treasurers and investment managers to manage cash deposits in multiple currencies by comparing rates and executing transactions in real time. MM Connect will initially concentrate on online time-deposit execution, but […]
Read More »

BNY Launches B2B Service- Extends iFX Manager

The Bank of New York (BNY) has launched a customised, real-time automated, business-to-business, FX trade execution service, iFX B2B. The bank has also released iFX Express, a streamlined version of its FX order management and execution system, iFX Manager. iFX B2B enables companies to provide their customers with real-time FX execution services and effect payment […]
Read More »

DerivaTech Unveils Exotic FX Options Pricing Methodology

DerivaTech Consulting, a New York-based FX options software specialist, has developed a new exotics valuation methodology that applies Monte Carlo simulation across entire volatility surfaces. Vendor officials describe the new technique as “groundbreaking” in terms of speed and accuracy. It is incorporated into the latest release of DerivaTech OTC, the company’s flagship product. Previous versions […]
Read More »

Cognotec Sets up Korean Venture in Partnership with Softbank Finance

Cognotec, the Dublin-based e-finance technology vendor, has announced a new joint venture aimed at promoting its Internet-based FX and money market trading solutions in the Republic of Korea. Cognotec has teamed up with Softbank Finance Corporation and Korea’s Posdata Company to launch Cognotec Korea. The move follows Cognotec’s recent expansion into Japan, which was also […]
Read More »

GFInet Gears Up to Launch Online FX Options Service

GFInet is preparing up to launch the first phase of its new FX options broking service this month. The broker will roll out software to all its customers that enables them to view live option prices on screen. Trade execution will still be performed over the telephone, say GFInet officials, though automated trading facilities will […]
Read More »

Hotspot FX ECN Goes Live

A new ECN for the FX market has gone live with the launch of Hotspot FX on 22 February. The Internet-based platform was developed with backing from the ETF Group and billionaire currency trader Joe Lewis. “I am very excited about the future of Hotspot FX,” says Lewis. “The platform is extraordinarily user-friendly and its […]
Read More »

Goldman Sachs Puts Exotic Options Online

Goldman Sachs went live last month with an online exotic options trading service, a component available on its Internet-based WebET platform, says Zar Amrolia, global head of FX sales and e-commerce. “American digital options are the building blocks for 90% of first generation structured products,” says Amrolia.”Not only can we use this to broaden our […]
Read More »
1 2 3 4 5 361 366 367 368 369 370