Foreign Exchange

Front office software provider Fidessa LatentZero has integrated Credit Suisse’s Advanced Execution Services (AES) FX smart routing and algorithms into its Minerva order and execution management system (OEMS).

Worldwide foreign exchange trading volume grew by 36% from 2006 to 2007, continuing a run of double-digit annual growth, according to a new study.

Thomson Reuters has added Credit Suisse’s Advanced Execution Services (AES) foreign exchange algorithms to its Reuters Trading for Foreign Exchange (RTFX) platform.

GL Trade, a multi-asset solutions provider, has launched a front office foreign exchange (FX) trading solution for spot FX.

FXMarketSpace, a centrally-cleared, global foreign exchange (FX) platform for the over the counter (OTC) market, has announced the launch of FXSettle, a settlement solution that the firm claims delivers advances in both the risk management and cost model for institutional FX transactions.

Investment bank Citi has launched CitiFX Pro, an online foreign exchange (FX) trading platform for active individual and small institutional traders.

ICAP, an interdealer broker, announced last Thursday that it is making non-deliverable forwards (NDFs) on seven Asian currencies available on its electronic foreign exchange trading platform EBS on 3 March, expanding its FX product offering.

ICAP, an inter-dealer broker, has announced that it has completed the most recent phase of enhancements to its EBS Spot FX electronic trading platform.

FXall, a foreign exchange platform, has signed a distribution agreement with Investment Technology Group (ITG), a provider of technology-based trading services and transaction research.

Reuters has launched a new service that enables banks, hedge funds and other buy-side institutions to access its wholesale foreign exchange price matching community via a prime brokerage model.