Foreign Exchange

One buy-side firm is already live with the integrated solution which reduces significant operational burdens in producing aggregated, normalised FX data.

As part of the expansion, seven new FX futures on Scandinavian currencies will be available to trade on the exchange.

The 'hidden costs' of FX are growing by the day, yet most firms have outsourced TCA.

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.