Bloomberg’s BMatch selected by Central Bank of Congo to drive interbank FX trading
The integration is set to boost market visibility and transparency for BCC clients looking to operate in the country’s FX market.
The integration is set to boost market visibility and transparency for BCC clients looking to operate in the country’s FX market.
Firms say ETFs can no longer be treated as “just another fund wrapper” as active products, retail flows and synthetic structures reshape the market.
Addition brings previous equity sales trading experience to the role; previously spent five years at asset manager Polar Capital.
The new offering will allow clients using State Street’s FX Connect to carry out in-flight TCA and algorithmic controls, to enhance visibility for execution quality and oversight.
New hire will spearhead the firm’s global equities business, including sales and trading.
The new offering onboards 11 contracts onto the Terminal, such as the FADX15 index futures and single stock futures, and is set to boost the visibility of Abu Dhabi’s capital markets at a global level.
The initial phase of the Chainlink integration will span spot and one-month forward rates across major G10, Asian and emerging market currency pairs.
The MiCA license, granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) will allow the firm to expand its European footprint across OTC spot trading operations.
The initial trade was executed between FalconX and G-20 Group, and beginning 29 May, the contracts will be available for 24/7 trading.
Enhancement builds on distributed ledger repo platform as firm extends multi-asset capabilities across post-trade and trading workflows.