
LOOSE CHANGE
LOOSE CHANGE
Bank of Montreal is expanding its money markets operations at its wholly-owned subsidiary Bank of Montreal (Barbados) Ltd. The money markets team will be lead by Arlene Estabrooks (see People, this issue). "The Barbados operation gives the bank another international platform to offer further benefits to our global customer base, including South America," says David Hyma, the bank's senior vice president for global financial products and money marketing.
Matif is launching its mid-curve Pibor
More on Technology
ECB and BoJ point to major problem in DLT-based payments
Project Stella report says central source of information could create single point of failure
Asia keener to adopt mobile FX trading – BidFX
Fintech firm updates mobile app to offer more features; security concerns represent major development challenges
Brainard: US must review payments system oversight
Big tech’s currency plans could weaken payments oversight – senior Fed official
Cambodia’s blockchain payment network will go live in early 2020
Bakong could be linked with other Asean countries as cross-border transfers are part of project’s next phase
Baton rounds out funding with $4m Illuminate investment
DLT firm plans Asia expansion due to demand for delivery of assets in Asian and non-CLS settled currencies
Nomura advances AI trading platform for FX and fixed income
Over the next year the bank will converge its trading desk infrastructure to create a cross-asset class system
Emerging market central banks keener to issue CBDCs – BIS
BIS survey shows central banks shifting emphasis from wholesale to retail CBDCs
StanChart’s e-FX trading engine goes live in Singapore
Trade latency has been cut by more than 80%, Standard Chartered says