Reuters to open up desktops, hailing radical new strategy
FRONT PAGE NEWS
Jas Singh, global head of treasury products at Reuters in London, told FX Week the company is inviting platforms such as the China foreign exchange trading system (Cfets), futures exchanges and rival broker EBS to use its desktops for distribution.
"The basic premise is that we realise we have this global network linked into the community of traders and salespeople in our market-place," said Singh. "We're in all the places you want to get to in the professional space, particularly in the
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
