Tech and data
Blockchain platform processes one billion daily transactions
UK start-up Setl hits a milestone as the financial industry seeks to gain from distributed ledger technology
Blockchain partnership attracts another 13 banks
Initiative led by financial innovation company R3 seeks to bring distributed ledger technology to financial markets
EBS BrokerTec draws fire for unbundling and hiking fees
Banks object to the decision by Icap’s EBS BrokerTec electronic FX and fixed-income platform to unbundle its EBS Live data feed and EBS Ticker Service data licence product from October 1, while introducing an inflation-related 3% rise for the latter
Banks unite to explore blockchain
Nine global banks commit to researching shared and distributed ledger technology, led by financial innovation firm R3
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks
Banks open labs worldwide to embrace blockchain
Some of the world's largest banks are experimenting with applications for the technology
Blockchain gets Wall Street's creative juices flowing
A report estimates that banks could save up to $20 billion in costs by 2022 using blockchain
CSC to acquire Fixnetix
A final deal between the two firms is expected in Q3 2015
Market surveillance: the devil is in the detail
Nigel Farmer of Software AG describes the main considerations required for effective market surveillance
Best algorithmic trading technology provider: Morgan Stanley
US bank's QSI unit triumphs in heavily contested space with focus on analytics
Capital outflows prompt drop in China's reserves
Holdings fall $110 billion in Q1 as domestic investors look abroad and the PBoC defends the exchange rate; analysts say ECB quantitative easing is probably the real villain
Last look is not dead, says 360T's Kölzer
The Frankfurt-based platform is the latest to weigh in on the last-look debate ahead of the FEMR report, due on June 10
Exchange launches asset-backed coins for asset managers
ABCs will be tradeable on the newly launched Abacas exchange
FXall last-look function under client review
The Thomson Reuters-owned platform seeks feedback from customers on its newly proposed last-look criteria
Thomson Reuters applies for randomisation patent
Ideal latency floor batches orders competing in different races
Considering China as a growth hotspot
Philippe Gelis, chief executive and co-founder of Kantox, looks at opportunities stemming from the launch of Cips
FXall hit with trading interruption
The Thomson Reuters-owned platform was down yesterday, affecting some clients
Equinix opens LD6 in Slough
Company launches data centres in Toronto, Melbourne, Singapore, New York and London
Global FX reserves down, dollar allocations up
Valuation effects push USD portion of allocated reserves higher while EUR slips
PBoC governor hints at capital account liberalisation this year
Zhou Xiaochuan says it will be ‘more convenient not only for enterprises but also for individuals at home and abroad to invest' during panel discussion with IMF's Lagarde in Beijing
Credit Agricole deploys DealHub post-trade platform
French bank automates post-trade processes with DealHub
From painting houses to Broadridge buyout
The Davis brothers talk to FX Week about the future, following the sale of their company to financial technology provider Broadridge
GSA split amicable, Gerko says
GSA's head of FX trading says his spin-off from the hedge fund was planned for months, with the support of GSA
Rocking in exotics has never been more attractive
An early mover gamble paid off for US broker INTL FCStone in exotic currencies trading. Philip Smith and Gregory Vincent explain why the payments business is growing