Foreign Exchange

Trading technology provider Portware has teamed up with post-trade solutions firm Traiana to ease back-office processes for users of its Portware FX trading platform.

Progress Software, a provider of financial software, has made a wider range of single-bank foreign exchange (FX) portals available to dealers via its Progress Apama Capital Markets Framework connectivity network.

High-frequency trading in the foreign exchange (FX) markets will rocket to 40% by the end of 2012 from with 25% at the end of 2009, according to a new study by consulting firm Aite Group.

Option Computers, a provider of straight-through-processing and connectivity feed handling software for foreign exchange (FX) markets, has released a liquidity aggregation solution for FX traders.

Investment bank J.P. Morgan has added two new algorithmic strategies to its MorganDirect AlgoX algorithmic order execution service for foreign exchange (FX) and made the suite available from Bloomberg terminals.

TradingScreen, a provider of execution management systems to the buy-side, has added French Broker Société Générale Corporate & Investment Banking to TradeFX, the vendor’s broker-neutral community of foreign exchange liquidity providers.

Beta-Gamma Research, a provider of trading algorithms and automated trading software, has launched Trigger Trader, a customisable foreign exchange trading tool suite.

The CLS Aggregation Service (CLSAS), a joint-venture post-trade netting system for over-the-counter foreign exchange trades developed by FX settlement provider CLS Group and a unit of interdealer broker ICAP, has gone live.

AlgoTrader, a provider of broker-neutral, multi-asset-class algorithmic trading services, has implemented a new function in its SpreadHawk execution management system to help traders hedge currency exposures.

GAIN Capital, a global provider of online trading services, has launched a new independent electronic communications network for foreign exchange trading.