Foreign Exchange

The Integral survey found that only 2% of firms expected to use single-dealer platforms in the next year, while 46% expected an increase in the use of multi-dealer platforms.

The CME EBS eFix matching service recorded $5.775 billion in volumes in March 2020, up 21% on volumes from the previous year.

The new client wins signify a growing acceptance among asset managers to use custodians for a range of front-office services.

The chatbot uses natural language processing to analyse information from numerous sources and distribute it to clients as well as internally within the bank.

The technology platform will offer clients trading of a full suite of foreign exchange (FX) products including options, spot, forwards, swaps, and NDFs.

Alongside record volumes in 2020, Refinitiv has on-boarded market maker Optiver as the first non-bank liquidity provider for FX options on the platform.

The application was developed in partnership with XP Investments, the US-based subsidiary of Brazilian broker-dealer XP Investimentos.

With the Brazil FX trading desk, State Street now has 13 FX sales and trading desks in operation globally as it targets emerging markets.

Vladimir Samokhvalov joins BCS Global Markets as head of the foreign exchange (FX) division after over ten years Alfa Bank.

New report shows significant uptick in exchange-traded derivatives volumes during 2020, but a surprising drop in notional value.