Foreign Exchange

New initiatives include execution management platform for FX, broker-neutral access to dealer liquidity, FX trade analytics and data.

Lindsey Baptiste and Hen Lotan will join FinTech firm Capitolis as senior vice president of finance and chief of staff respectively. 

The FX trading engine will be built by Goldman Sachs with the support of the Monetary Authority of Singapore to deliver low latency client execution.

Further analysis is required once the review of the FX Global Code of Conduct is finalised before spot FX is included under the market abuse rules, ESMA has said.  

Through the partnership, thinkFolio clients will be able to access the EBSI EMS execution functionality to reduce trading costs.

The application will support the layout of window-based components that interoperate across a trader’s multiscreen workstation.

A local version of BARX will be developed by Barclays as part of plans to launch a foreign exchange trading engine in Singapore by mid-2021.

Clinton Norton will depart Barclays after more than 12 years to head up US sales at Euronext FX in November.

Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.

New FX Options Vol Converter tool will allow users to price CME Group listed FX options liquidity in over-the-counter (OTC) terms.