Integral Teams Up with Jefferies for TrueFX Launch

Integral has partnered with Jefferies to launch a new liquidity network called TrueFX, which aims to leverage the former’s technology and the latter’s credit intermediation services to reduce trading costs for buy side firms, which includes retail brokers, macro hedge funds, prime of primes, and regional banks. Essentially, the aim of this initiative is to […]
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Veem Offers Locked FX Rates for Payments

Veem, a global payments network, has launched a new tool enabling businesses to mitigate FX rate volatility and risk by locking in the base currency value of a payment or invoice. In a release issued today, Veem claims that the new offering, called Locked Exchange Rates, is an industry first that will level the playing […]
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Bakkt Expands Crypto Custody Service

Bakkt, the cryptocurrency exchange founded by Intercontinental Exchange (ICE), has now made its institutional crypto custody service, Bakkt Warehouse, available to all market participants following new regulatory approvals. Previously, only clients trading the Bakkt bitcoin futures contracts could use this custody service, but now the exchange has received authorisation from the New York Department of […]
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Bequant Partners with Avelacom

Bequant, a cryptocurrency exchange with prime brokerage services, is now offering crypto market participants faster access to its market infrastructure via Avelacom’s low latency network. Avelacom is a provider of global connectivity and IT infrastructure. Through this initiative, Bequant’s colocation facilities and connectivity footprint globally will be increased through a point-to-point fiber in Equinix’s LD4 […]
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Cœuré New Head of BIS Innovation Lab

The Bank for International Settlements (BIS) has appointed Benoît Cœuré as head of the new BIS Innovation Hub, set up to foster international collaboration among central banks on innovative financial technology, most significantly global stablecoins. Cœuré has been a member of the ECB Executive Board since January 2012, and is currently in charge of international and European relations, market […]
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Symphony Partners with Tencent to Connect to WeChat

The Symphony network has announced a partnership with Tencent to connect Symphony’s community of 450,000 global markets professionals with the Weixin platform (known as WeChat outside mainland China). The firm says the integration is the first of its kind and enables two major global communities to connect and conduct business. The initiative has been backed […]
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CFH Clearing Adds Analytics

CFH Clearing says it has enhanced its data analytics offering to provide clients with better data on liquidity management. The tools, which were developed in-house, pave the way for what CFH says will be a real-time interactive liquidity dashboard planned for launch in 2020. “The data we collect from each broker and LP enables us […]
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Itarle Creates Ventures Arm

Itarle, a provider of high-performance best execution services to banks, has created a new Special Purpose Vehicle (SPV), Itarle Ventures GmbH. The entity serves as a separate legal structure for Itarle to co-invest with partners in new data analysis and liquidity services, and shared market infrastructure initiatives. Through Itarle Ventures, the company plans to leverage […]
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Nomura Makes Algos Available on BidFX

Nomura has made its five FX algorithmic strategies available on the BidFX platform. Clients can now access Nomura’s FX Algo Tsuwamono Series on BidFX. Each strategy offers flexibility on executions designed to meet client requirements and trading preferences. “Nomura’s FX algorithms provide substantial benefits to clients, with high levels of trading flexibility. We’re pleased that […]
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Confluence Acquires StatPro

Confluence Technologies has acquired StatPro Group, a global provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers. Confluence has acquired the entire issued and to be issued ordinary share capital of StatPro in an all-cash offer of approximately £161.1 million and says the transaction brings […]
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