Foreign Exchange

The exchange group confirmed in June last year that it would be launching the hub as part of an ongoing market-wide scheme with the Monetary Authority of Singapore.

Upgraded routes will provide new and existing customers with improved connectivity between the three equities and FX hubs.

The exchange has revamped the leadership within its newly acquired FX business including two new appointments from CME Group and Record Currency Management.

Through the integration of their services, clients trading FX will be provided with improved collaboration, analytics and clarity.

The Taiwanese bank has gone live as a client clearing FX derivatives using the ForexClear service at LCH with UBS acting as the clearing broker.

As part of the new hosted algorithmic execution service, Cboe FX participants will have access to XTX Markets’ Execution Algo via its electronic communication network (ECN).

eRisk Analytics portal within HSBC’s single dealer platform Evolve will provide traders with key metrics to monitor FX algo performance.

The pilot within CLSSettlement addresses various public policy initiatives to encourage PvP adoption.

Fidelity Investments’ head of FX technology has said getting applications to interact and collaborate with one another remains a key pain point for the buy-side.

The new platform will allow quicker execution, access to greater liquidity and increased price discovery across G10 currencies and emerging markets currencies.