Infrastructure
Bank e-FX Initiative of the Year: DBS Bank
"The idea is that any customer from Europe or the US can use DBS as a one-stop convenience bank for Asia" – Peter Soh
Best Prime-of-Prime Provider: ADS Securities
The broker's pure PoP model, allowing multiple liquidity providers, wins
Best e-FX Distribution Platform: smartTrade Technologies
The ability to replace three or four vendors with one system earns votes
Best e-FX Software Provider: Fenics
Flexibility and a focus on Asia allows rapid expansion of client footprint
Most Innovative Bank e-FX Trading Platform: Citi
The US bank remains committed to Velocity as the main distribution channel for its clients
Best e-FX Trading Venue and Best FX Hedging Platform: Hotspot
Hotspot's quest for transparency, expansion, investment and reliable liquidity scores two wins for Bats Global Markets
Best e-FX Platform for Corporates: 360T
360T says it understands corporates have peculiar needs and it remains focused on delivering solutions to meet them
Highly Commended for Best e-FX Software Provider: Broadway Technology
Trading heads say the level of flexibility and modest cost of the firm's products keeps them competitive
Best Trading Technology Vendor: FlexTrade Systems
Control of execution processes across asset classes, coupled with cross-asset TCA, wins over the judges
Best Post-Trade Services Provider: CLS TriOptima
While not even a year old, the partnered service has saved dealers more than $112 billion in notional exposure
Price of credit to rise while clearing still years away
The cost of credit in FX may be rising, but it's still cheaper than clearing, webinar participants say
FXCH clears first institutional FX spot trade on blockchain
FX Clearing House from Ireland-based Baxter FX sets its sights on becoming the go-to CCP for all spot FX participants
ITG launches enhanced smart order router
Broker and technology vendor upgrades its routing capabilities
FXSpotStream scores record volumes
For the second time this year, the venue reaches that milestone – and surpasses the first
SGX readies full-year results for July
Brexit sent up FX futures volumes
DMA Link set to enter testing phase
New independent liquidity pool set to launch within a month
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
Swift initiative aims to transform cross-border payments
More than 70 banks worldwide collaborate to offer greater speed, transparency and end-to-end tracking
UOB Bullion and Futures clients gain TradAir access
The move comes on the back of the technology provider opening a regional office in Singapore
Integral launches client-to-client matching venue
Customers will be able to match off opposing interest on Integral's midpoint
TradAir cuts issue diagnostic times by 90%
The technology provider has implemented a series of diagnostic tools provided by Elastic
Russell Investments expands execution platform
RFX is now connected to the private financial Charles River Network, which has more than 600 global liquidity venues
Bats Hotspot prepares outright FX forwards launch
New product could get rolling in the autumn
XTX picks Abide Financial for transaction reporting
Non-bank market-maker chooses post-trade partner