Tech and data
In Brief, September 19, 2011
Technology news from Citi, Integral, Gold-i and ForexManage announced in the past week
Taking stock of 2011: Technology
Upgrading forex trading systems to prepare for regulatory change or simply keep pace with competitors has been a key trend of 2011 for all participants. In the final part of a series of articles taking stock of the year so far, Miriam Siers and Chiara…
OTC derivatives reform will lead to algo boom, banks predict
Dodd-Frank and Sefs set to encourage growth in algorithmic execution of OTC derivatives, say dealers
RBS launches gamma hedging algo for forex clients
New algorithm is designed to automatically hedge gamma sensitivity of foreign exchange options
Thomson Reuters extends Elektron hosting to FX
Thomson Reuters Matching will be the first platform to be available through the Elektron proximity hosting service, but independent platforms will be added in due course, the vendor tells FX Week
BGC adds non-deliverable options to Thomson Reuters Trade Notification
Interdealer broker says addition of non-deliverable options will enable its clients to benefit from reduced risks and costs
FX Week USA 2011: Delegates talk regulation and technology
Farah Khalique talks to delegates and presenters at FX Week USA about the regulatory and technology trends driving FX markets in 2011
All in accord on high-frequency risks
In late June four prime brokers and six ECNs allied together in a major new initiative to better monitor and manage the risks posed by high-frequency trading in the FX market. What motivated the collaborative effort? Farah Khalique reports
FX Invest: US dollar's time as world's reserve currency draws to a close
With the European sovereign debt crisis grabbing headlines, markets might be forgiven for overlooking the nearing end of a second round of quantitative easing in the US. Debate over its success raises deeper questions about the role of the US dollar as…
White labelling preferable in retail FX, says Aite Group
White-label solutions will reduce tech spend for new entrants, says senior analyst Javier Paz
Aphelion joins BT Radianz cloud
Swedish FX technology vendor cuts time-to-market for users by joining up to BT cloud
Banks and ECNs join forces to prevent FX flash crash
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
UGS signs Kiwi start-up as first client
Start-up currency firm ForexAtom deploys Unified Global Solutions' new Adaptware platform
DTCC and Swift eye FX trade repository
New York-based group set to develop trade repository for every other OTC asset class and has pitched for FX in partnership with Swift
Kx Systems targets FX participants with database technology
Client talks of the importance of thorough data cleansing and analysis in an environment of increasing FX volumes and tougher regulation
SmartLive Markets introduces new price feed index
Application developed through partnership between technology vendors Swissrisk Financial Systems and Gold-i
European corporates wary of RMB settlement
UK government pushing for London to become a centre of offshore renminbi trading, say conference speakers
Integral’s FX Cloud pitches trade repository status
New cloud-based forex platform to be launched as a trade repository to meet Dodd-Frank requirements
Ogg’s new venture to tap 'huge' demand for best execution in FX
Industry veteran targets lack of technology to allow institutions to be sure of achieving best execution in foreign exchange
Cloud Trading Technologies adopts Microsoft cloud for FX product set
Cloud FX will leverage Microsoft's Azure cloud technology to deliver FX trading applications in a virtual format
Thomson Reuters rolls out Dealing Aggregator
FX aggregation service aimed at customers trading on the Thomson Reuters Dealing platform
FX technology spend will double by 2013, says Celent
Research estimates total spend across both the buy and sell sides will rise from $1.23 billion in 2010 to $1.83 billion in 2013
Barclays Capital signs up to CLS Aggregation
UK bank becomes the ninth CLS Aggregation participant since the platform launched in January 2010