Tech and data
Time to get with the program
Banks are having to move rapidly to develop their platforms just to stand still. They have been launching new products onto platforms to meet demand from customers looking to do business in new ways, as shown by the increasing number of banks trading…
The passport option
Jeffrey Todd Lins, Director, Quantitative Analysis At Saxo Bank In Copenhagen, Suggests Passport Options As A Way To Maximise A Longer-Term View During Non-Trending Periods
Gain launches new research offering
BEDMINSTER, NEW JERSEY – Gain Capital, provider of FX trading and asset management services, has launched a new research offering and enhanced its proprietary FX trading platform, ForexTrader.
Hedging profits effectively
Daniela Asikian, Senior Structurer At Hsbc In London, Shows How Companies Can Hedge Exposure From Overseas Profits Taking Advantage Of Current Forwards Rates
Swiss e-swaps from ABN Amro
LONDON AND ZURICH – Dutch bank ABN Amro last week launched electronic trading in Swiss franc-denominated interest rate swaps (IRS), moving it across from the previous voice-only service.
Citigroup launches flow-weighted currency indexes
LONDON & NEW YORK – Citigroup has launched 10 indexes that measure currencies' value using customer flow data.
StanChart launches risk index
LONDON - Standard Chartered last week introduced a risk appetite index based on IMF methodology.
SEB offers hedge fund platform
STOCKHOLM - Skandinaviska Enskilda Banken Merchant Banking (SEB) has launched FX Map, a managed account platform allowing investors to access a range of pre-screened FX hedge funds through a single point of entry.
A towering rate of return
Sara Sullivan, head of currency solutions at ANZ Investment Bank in London, presents a way of enhancing returns on deposits by taking a view on exchange rates
Icap goes with Kalahari
SYDNEY – Interdealer broker Icap has gone live with UK-based vendor Kalahari's Australian dollar interest-rate derivatives pricing tool.
Deutsche Bank FX desk signs up to Iokio data navigation service
LONDON – Deutsche Bank's FX sales desk has signed up to a new data navigation service from Iokio.
Gaitame chooses Internap
TOKYO – Gaitame, an FX broker in Japan, has picked internet services firm Internap Network Services to speed up connectivity for its clients.
FX next big thing for algorithmic trading
LONDON – FX is set to be the most actively traded asset class using algorithms, according to an audience at an event on the subject held last week.
A strategy for yen appreciation
With faster economic growth, yen appreciation will happen. It is just a matter of timing, says Trevor Williams, chief economist at Lloyds TSB Financial Markets in London
EBS hits the pause button
LONDON – EBS has stopped new customers going live on its platforms until early December as it faces a surge in demand for its services.
EBS hits the pause button
LONDON – EBS has stopped new customers going live on its platforms until early December as it faces a surge in demand for its services.
RTFX signs BarCap and Deutsche Bank
HONG KONG – Reuters has signed up Barclays Capital and Deutsche Bank as liquidity providers on its Reuters Trading for Foreign Exchange (RTFX) platform, it announced at the Asian launch of the service last week.
Currenex and Traiana build API
NEW YORK & CHICAGO – Online trading platform Currenex and technology vendor Traiana have established an application programming interface (API) between their platforms to automate and streamline order processing for prime brokers trading forex over…
The benefits of petro-dollar diversification
The latest data suggests that Opec members have not been recycling oil revenues into US assets. This implies that diversification is likely to start soon, putting the dollar under significant pressure, however the timing is still uncertain, says Ian…
Reuters revenues up third successive quarter
LONDON – Global news and information provider Reuters has reported third-quarter revenues of £611 million, up 8% on the £566 million for the same period last year.
Reuters opens post-trade service
LONDON – Reuters this week moves into the post-trade market with the launch of Reuters Trade Notification System (RTNS).