Tech and data
Broadway acquires Barracuda to build out tech stack
The combined entity will serve half of the top 50 banks in the fixed-income and FX space
RBI buys $5bn in FX swaps auction
Unusual move to inject long-term liquidity into the system is heavily oversubscribed
Seed CX adds new crypto pairs, lands ally in Asia
Institutional clients can now trade BCH/USD and LTC/USD, says Seed CX, which has partnered a Singapore fintech
Doing more with less in a post-Mifid II environment
In their quest to reduce costs, market participants look to automate more processes in 2019, says smartTrade CEO
Artificial intelligence to drive new BNP Paribas alpha FX index
Bank expects it to be of particular interest to investors seeking low-risk alpha from FX markets
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
New Change FX to supply independent rate to Jyske Bank
Danish bank will use provider’s independent FX data for better analytics
FastMatch’s FX Tape available via QuantHouse’s API
The move extends the FX consolidated tape’s reach to a wider audience
Bloomberg brings alternative data to online platform
Enterprise Access Point goes beyond traditional data with geopolitics and financial sentiment feeds
Wall Street vets vie to be BlackRock of crypto
Fund launch uses fundamental analysis to identify value propositions in high-risk industry
How tech will transform FX next: what the industry thinks
Market participants identify which sectors they see as ripe for disruption by transformational tech such as AI
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
Kace Pro adds FX options streaming
Few multibank portals offer streaming of FX options that can be white-labelled to clients
LiquidityFinder turns on liquidity matchmaking site
The website offers a consolidated view of liquidity providers for simple comparison
Citi and HSBC go live on Capitolis Novation as first prime brokers
The two banks have used the service extensively across their client base
Goldman Sachs goes live with smart NDF algo
Initial trades have already taken place with the algo, which draws on internal and external liquidity
Avelacom opens third point of presence in Tokyo
New PoP rounds out range of low-latency services in Japan amid expansion in Asia-Pacific
Colombia central bank buys $1 billion from Treasury
Aims to support plan to enhance international reserves portfolio
Isda enlists tech partner in run-up to new IM rules
Body joins forces with AcadiaSoft as industry prepares for initial margin deadlines
Liquidity the biggest hurdle for traders in 2019 – JP Morgan survey
E-trading poll of 200 institutional traders highlights impact of Mifid II
Brexit unlikely to affect sterling’s reserve currency status
No-deal scenario could put major downward pressure on the currency
OTCXN signs TokenSuisse to network
Swiss crypto investment solutions provider joined on January 17
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific
BNY Mellon: 2019 will see support-side innovation
Get excited about innovation, but don’t take your eye off the fundamentals