Infrastructure
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
CFH Clearing expands Asia offering
The integration of the technology enables CFH to provide local liquidity to its clients in Asia
CLS onboards Japanese funds
Japan-domiciled funds gain access to settlement through CLS as third-party participants for first time
Cobalt goes live on BT Radianz
With this latest development, the firm is bringing the FX post-trade world to a new level
SGX reports record FX volumes
The exchange prints new records in USD/CNH volumes, surpassing the $3 billion threshold on June 27
Thomson Reuters to rename Financial & Risk business Refinitiv
The standalone firm will continue to focus on trading platforms, data and market infrastructure provision
FX Connect rolls out automated order routing
New functionality allows buy-side traders to automate execution according to pre-set rules
SGX’s Lam in bid to bring together two worlds
SGX set to launch FlexC FX Futures in August, with the aim of combining the best that OTC and futures have to offer
SGX is launching FX futures solution
New feature lets market participants trade customisable FX futures contracts in an OTC fashion
Crypto revolution creeps slowly into institutional space
While cryptocurrencies have taken the retail world by storm, institutional investors stay cautious
TradAir goes live with crypto technology
BlockFills is the first to white-label the technology provider’s cryptocurrency platform
Buy side spends big on OMS/EMS, says Greenwich Associates
Nearly a quarter of buy-side firms’ technology budgets go on accessing these tools, survey finds
Aite Group: aggregation and workflow key for buy side
The financial consultancy recommends buy-side participants and technology vendors focus on six key areas
360T and FXall enter price-distribution deal
Banks using 360T’s price engine will be able to price FXall customers, as well as clients on the Deutsche Börse-owned venue
MarkitServ connects to Asigna for clearing Mexican peso
New connection enables a standardised workflow and connectivity for clearing Mexican peso TIIE 28 swaps
Banco Monex becomes first Mexican member of CLS
The bank is the only CLS settlement member in one of Latin America’s largest FX trading centres
Solid FX firms up expansion plans
New chief Patrick Fleur tells FX Week about the platform’s priorities for the year ahead
FX under one umbrella – the Kölzer plan
Carlo Kölzer, 360T’s chief and Deutsche Börse’s head of FX, tells FX Week about his plans and ambitions for the venue
360T buys GTX
The move will expand 360T’s footprint in the liquidity provider-to-liquidity provider space and financial institutions segment
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
Capitolis to go live with FX novation service
Following the launch of the credit-switching service, Capitolis is set to go live with novation in partnership with BlueCrest, Brevan Howard, Citi and HSBC
LMAX launches crypto exchange
As institutional demand for cryptocurrencies heightens, LMAX extends crypto Clob trading and firm liquidity to market participants
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
OTC derivatives values fall to 10-year low – BIS
The most recent slump continues the retreat from gains witnessed in the first half of 2016