BoE Governor Raises the Prospect of a Global Digital Reserve Currency

In a speech at the Jackson Hole symposium at the weekend, Bank of England Governor Mark Carney raised the question of a global digital reserve currency, asking whether it may not be the most suitable long term solution to reform of the international monetary and financial system (IMFS). In a wide ranging speech on the […]
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Sensiple Partners with TNS

Capital markets and banking technology provider Sensiple is bringing its regtech product Setrega for MiFID II, SFTR and EMIR compliance and reporting to the FR2 data centre in Frankfurt as part of a new agreement with Transaction Network Services (TNS). MiFID II requires firms to replace traditional manual reporting with automated end-to-end processes that include data collection, […]
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IS Prime Connects to TradAir

IS Prime has extended its liquidity distribution by connecting to TradAir. Utilising TradAir’s solution, banks and brokers can view and trade directly against IS Prime liquidity as well as utilise it to enable their clients to benefit from the pricing. “Expanding our distribution to TradAir’s client base on a disclosed basis allows us to provide […]
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Klug Promoted to President at Capitolis

Justin Klug has been appointed president of Capitolis, having most recently served as chief operating officer of the company. Klug has served on the Capitolis leadership team for the past two years, having joined from his role as managing director at Credit Suisse where he led the US rates structuring team and was responsible for […]
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TraditionDATA Partners with Numerix for FX Data

TraditionDATA, the market data and information services division of Tradition, has partnered with Numerix to expand its FX market data coverage. By teaming up with Numerix, a provider of technology solutions and real-time intelligence capabilities for trading and risk management, TraditionDATA is seeking to leverage its analytics expertise and create derived data for more than […]
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UBS Launches ORCA-Pro

Following on from the launch of its ORCA-Direct algo last year, UBS has introduced ORCA-Pro, a new GUI targeted at clients frequently using ORCA-Direct to execute FX. The ORCA-Direct algo tries to maximise the amount of liquidity available to users when executing FX by looking across ECNs, UBS’s principal liquidity and CME’s FX futures. The […]
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Kantox Partners with Silicon Valley Bank for Corporates

Kantox has partnered with Silicon Valley Bank (SVB), to offer FX management software to SVB’s corporate clients across the UK. The two firms had an existing relationship prior to this deal as Kantox closed its second venture debt financing deal with SVB for €5 million in April. Many of SVB’s clients’ core industries – which […]
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Grayscale Picks Coinbase for Custody Solution

Grayscale, a digital currency asset manager, has picked Coinbase Custody to serve as custodian for the underlying assets for each of its products, effective July 29, 2019. Coinbase Custody is a New York Department of Financial Services-regulated company that offers access to an audited, and insured custody solution. As a qualified custodian, Coinbase Custody is […]
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Refinitiv Shareholders Approve Acquisition by LSEG

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, today announces that its shareholders have agreed definitive terms with the London Stock Exchange Group plc (LSEG) under which LSEG will acquire Refinitiv in an all share transaction for a total enterprise value of approximately US$27 billion. According to a news release […]
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Kraken Acquires Digital Asset Reconciliation Platform

The digital asset trading platform Kraken has acquired Interchange, an accounting, reconciliation and reporting service provider for cryptocurrency hedge funds, asset managers and fund administrators. “The transaction creates the world’s first end-to-end crypto trading and reconciliation platform, and brings Interchange co-founders and well-respected crypto veterans Dan Held and Clark Moody to Kraken,” says Kraken in […]
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