Nomura to provide Japanese funds access to CLSSettlement
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Foreign Exchange
Outsourcing crucial as industry shifts from best execution to smart execution
Market participants agree that trust is a key aspect for firms looking to work with technology providers on their execution processes.
Buy-side panellists divided on importance of pre-trade analytics for FX risk mitigation
Speakers from Fidelity Investments and Manulife Asset Management offered opposing views on the role of pre-trade analytics in FX trading at TradeTech FX USA.
Trading firms seek ‘in-flight’ TCA to flag potentially bad FX trades
Speakers at TradeTech FX USA told delegates that traders would be empowered if ‘in-flight’ TCA could flag when trades aren’t going as planned.
Buy-side looking for flexibility as top technology requirement from vendors
Buy-side panellists highlight importance of working with forward-looking technology vendors and warn those that do not take a pro-active approach.
Data will be key differentiator for FX platforms amid consolidation concerns
Intelligent use and provision of data sets to buy-side clients will be a defining factor for FX trading venues going forward according to TradeTech FX USA panel.
Buy-side urged to better understand underlying liquidity in FX algos
Panelists at TradeTech FX USA agreed that the buy-side has a better grasp on how algos operate, but less so about the underlying liquidity.
Access to markets, fee compression top watch list for FX trading heads
Buy-side heads of FX trading at Vanguard and First Quadrant also highlighted the useful role of TCA data for pre- and post-trade.
JP Morgan launches FX algo execution service on Bloomberg App portal
Algo Central is the first institutional FX algo execution services application offered by a global bank on the Bloomberg App Portal.
Citi and HSBC automate FX prime brokerage novation with Capitolis
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.