Eurex targets OTC FX and repo clearing with expansion of partnership profit scheme
Commerzbank, Deutsche Bank, JP Morgan and Morgan Stanley will sign up as early adopters of OTC FX clearing within the profit sharing scheme.
Tag: FX
Foreign Exchange
Ignore the hype and focus on machine learning objectives, say buy-side tech experts
Industry buzz around machine learning and AI must be set aside in favour of transparency and interpretability according to TradeTech FX speakers.
Trump, China and Brexit top list of geopolitical concerns for FX markets
TradeTech FX Europe panellists highlight escalating trade war between the US and China as biggest risk for global FX markets.
Foreign exchange players remain unconvinced by algo wheels for accessing best possible liquidity
Speakers at this year’s TradeTech FX conference in Barcelona pour cold water on order routing automation.
Deutsche Boerse and 360T launch new FX market data service
German exchange group continues FX growth with new market data service from 360T.
Global FX Code making an impact as ‘last look’ executions diminish
New study from NEX Markets finds a reduction in hold times, reject rates and a tightening of spreads on its EBS Direct trading platform.
Blockchain tech provider Cobalt launches post-trade FX service with BT
FX post-trade blockchain network Cobalt has launched its service on the BT Radianz Cloud.
Foreign Exchange
Fixing foreign exchange: Addressing legacy technology
The battle with legacy technology systems is ongoing concern for many banking institutions, but arguably no more so than foreign exchange. With an explosion of market data and increasing market fragmentation, technology strategies at large FX institutions have never been more important for staying ahead of the game.
FX buy-siders look to reduce human touch on trading desks
Survey by WBR ahead of TradeTech FX conference finds automation is the biggest priority for buy-side FX trading desks.
Singapore Exchange backs Cobalt FX post-trade network
Investment from SGX will further technology development of Cobalt post-trade processing network for FX.