State Street launches FX sales and trading desk in Brazil under emerging markets expansion
With the Brazil FX trading desk, State Street now has 13 FX sales and trading desks in operation globally as it targets emerging markets.
Foreign Exchange
Alfa Bank veteran joins BCS Global Markets to head up FX division
Vladimir Samokhvalov joins BCS Global Markets as head of the foreign exchange (FX) division after over ten years Alfa Bank.
Spring volatility led to huge growth in listed derivatives trading, yet new report shows notional value fell
New report shows significant uptick in exchange-traded derivatives volumes during 2020, but a surprising drop in notional value.
Hong Kong exchange overtakes CME Group as world’s most valuable bourse
CME Group loses position of most valuable exchange group to HKEX as the Hong Kong venue’s long-serving CEO steps away.
Ballinger & Co signs FX partnership agreement with ED&F MAN Capital Markets
Collaboration between Ballinger & Co and ED&F MAN Capital Markets to support spot and forward FX liquidity.
HKEX completes first client cleared trade for Japanese banks
Hong Kong Exchanges and Clearing (HKEX) has completed its first client clearing trades for Japanese banks, further expanding the international reach of its fixed income and currency clearing offering.
CME’s TriOptima completes first Japanese Yen compression
First, triReduce enhanced compression on Japanese yen cycle has been conducted by TriOptima.
Tradefeedr raises $3 million to upgrade analytics workflows
The majority of the $3 million in funding came from private investment firm IPGL.
Northern Trust wins unique outsourcing mandate from Strategic Global Advisors
Northern Trust has won a unique servicing mandate from US hedge fund Strategic Global Advisors, where it will provide middle-office outsourcing and FX dealing.
State Street FX algos go live on BidFX
Through the partnership, traders will be able to access four State Street FX algorithms via the BidFX platform.