Tag: blockchain

blockchain

Knight Joins Baton Systems

Baton Systems, a provider of distributed ledger-based post-trade solutions for capital markets, has appointed Alex Knight as head of EMEA, based in London. Knight spent the last 18 years at Citi, where he held various senior positions in the UK, Asia and Australia, and worked in the bank’s FX prime brokerage business, where he held […]

In the FICC of It

New technologies and old issues are on the agenda for this week’s podcast as Colin Lambert and Galen Stops take a look at the likely impact of blockchain on FX swaps. Stops makes the point that this would be a radical step for what is often seen as an archaic segment of the market, but […]

Are FX Swaps Ready for Blockchain Settlement?

Profit & Loss recently reported on a new venture designed to settle FX swaps via blockchain-based technology. Galen Stops takes a closer look at the genesis and the mechanics of this solution. Having worked in liquidity management at Bank of Ireland and then UBS, Brian Nolan observed firsthand how the regulatory expectations around intraday liquidity […]

Blockchain Firms Partner for FX Swaps Settlement

Fnality and Finteum are partnering to deliver a blockchain-based solution for settling FX swaps transactions. Finteum leverages R3’s Corda platform to create a global financial market for intraday liquidity. It aims to give market participants a shared data record of their orders and trades, meaning that settlement will not fail and it will be easier […]

FX: A Market Constantly Reinventing Itself

 David Puth, now a strategic advisor at R3, makes the case that the FX industry’s ability to constantly evolve makes it unique amongst financial markets. Profit & Loss: As you look back over the past 20 years of FX, what stands out in your mind with regards to the evolution of this market?  David Puth: […]

In the FICC of It

It’s the past, present and future as far as the agenda for this week’s In the FICC of It podcast is concerned as Colin Lambert and Galen Stops take a look at the chaos in the UK surrounding Brexit, digital assets, and the e-revolution that hit FX 20 years ago. Stops is surprised by the […]

Is the Future of Finance Digital?

Back in 2013, when Profit & Loss first started writing about this new digital currency that was creating a buzz called “bitcoin”, most mainstream financial services firms wanted nothing to do with it. Yes, a few banks and other large firms were starting to put out some research papers about bitcoin, but this was generally […]

Choussy Joins Baton as President & COO

Baton Systems, a provider of blockchain-inspired, bank-to-bank payments infrastructure, has appointed Andrés Choussy as president and chief operating officer. Choussy was most recently president and CEO of Traiana, which became part of CME Group through the acquisition of NEX Group. Choussy, who will be based in New York, joins to scale Baton’s payments and settlements […]

Elwood Partners with Invesco Japan for New Fund

Elwood Asset Management, an investment firm specialising in digital assets, has partnered with Invesco Asset Management (Japan) to help it launch a new fund. The newly launched Invesco Global Blockchain Equity Fund will be managed by Invesco Capital Management, with a delegation from Invesco Japan, and will track the performance of the Elwood Blockchain Global […]

Cryptocurrencies: Finding the Right Audience

Since the price of crypto assets spiked dramatically in 2017, many have been predicting that a wave of institutional money is going to come into the cryptocurrency market, bringing with it a flood of change.  However, speakers at Profit & Loss’ Forex Network London event argued that the “institutionalisation” of the crypto markets will play […]