TriOptima in Record Compression Run on Eurex

CME Group’s TriOptima says it has reduced notional outstanding at Eurex Clearing by 26% following a record compression run on June 26, 2019. The latest run, which equates to $3.9 trillion worth of cleared euro interest rate swaps (IRS) and forward rate agreements (FRAs), represents a 143% increase on the previous record of $1.6 trillion. […]
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Spotex Unveils Configurable Liquidity Hubs

ECN and FX technology provider Spotex has unveiled new functionality that will enable brokers to configure discrete liquidity pools for clients that will run on the firm’s modular broker technology. To date Spotex says it has provided its ECN and proprietary, modular FX technology on a wholesale basis primarily to brokers and money managers and […]
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Traiana Adds Equity Swaps Service

Traiana has launched a new service to fully automate the post trade lifecycle management of the equity swaps market, the firm’s Equity Swaps Lifecycle Management service will, it says, “transform the market’s previously manual, labour intensive and inefficient post trade affirmation processes for clients globally”. The new service normalises data reported by swap providers and […]
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Galinov Seeks to Lure Liquidity with Low Cost Trading

Dmitri Galinov, the founder and former CEO of FastMatch, is preparing to launch a new platform, called 24 Exchange, which he claims will offer market participants a more cost–effective way to trade with one another. “The problem that we’re trying to solve with 24 Exchange is that the cost of technology over the past decade […]
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IS Risk Analytics Launches Enhanced Risk Engine

IS Risk Analytics (ISRA) has launched a new risk engine and bridge software in a move the firm says is its “largest advancement and most significant investment in technology to date”. The firm says the new ISRA bridge is fully compatible with both MT4 and MT5 and comes with advanced risk tools, including the ability […]
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BIS Establishes Central Bank Innovation Hub

The Bank for International Settlements (BIS) has announced plans to establish an innovation hub to “foster international collaboration on innovative financial technology within the central banking community complementing the already well established cooperation within the existing committees”. The role of the BIS Innovation Hub will be, the bank says, to identify and develop in-depth insights […]
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INTL FCStone Partners with Integral for FX App

INTL FCStone has deployed an FX trading app built on the Integral platform to expand mobile trading services to its institutional customers. Mike Wilkins, head of FX at INTL FCStone, Europe, comments: “Responding to the needs of our clients, the INTL FCStone OCX Trader app provides a secure and high-performance destination for mobile trading. The […]
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Jump the Latest to Launch Singapore Pricing Engine

Jump Liquidity is the latest FX trading business to announce that it is partnering with the Monetary Authority of Singapore (MAS) to bring its FX pricing engine to Singapore, joining a growing list of bank and non-bank liquidity providers to do so. Singapore will be the third pricing engine location provided by Jump Liquidity, which […]
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OneZero Secures Private Equity Investment

Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, has completed a minority investment in oneZero Financial Systems. The financial terms of the private transaction were not disclosed. LMP is joined in this investment by Phil Weisberg, the former CEO of FXall and the founder of Matzliach […]
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10 Years On – G20 Reform Agenda Continues with Crypto in the Sights

A decade after it was tasked with driving reform of the financial system, the Financial Stability Board (FSB) has reported to G20 leaders that while much has been achieved, “promoting global financial stability is a continuous task”. In a letter to the leaders, current FSB chair Randal Quarles says that the FSB’s transition from determined […]
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