Post-trade
Traiana paves the way to client clearing with six top banks
Harmony CCP Connect service will enable top prime brokers to offer client clearing for NDFs later this year
Esma: Identifiers key to repository success
Consistent reporting to multiple trade repositories under new OTC regulations will depend on the successful adoption of legal identifiers
Forex TCA providers proliferate as buy-side demand increases
Buy-side traders are increasingly changing the way they trade and the counterparties they choose as the sophistication of execution benchmarking tools increases, say TCA providers
Spotlight on: Stewart Macbeth, DTCC
Following the selection of the Depository Trust & Clearing Corporation and Swift to develop a trade repository for the FX market, the DTCC’s general manager for the global repository business talks to Chiara Albanese about its preparations to launch the…
DTCC, Swift reveal details of repository plans
Swift will provide its existing FX derivatives messaging traffic while DTCC will leverage its expertise in the provision of repository services, the two firms have told FX Week
Forex industry boosts operational efficiency with 95% ticket-compression rate
The FX industry has met with initial success in battling operational risk, with eight dealers achieving ticket-compression rates of more 95% through the joint-venture trade aggregation system by CLS and Traiana.
BNP Paribas live on Harmony Netlink by next week
BNP Paribas will go live on Traiana's Harmony Netlink by next week pending test results, according to Marco Baggioli, European head of FX prime brokerage at the bank in London.
Mallinder at DealHub
David Mallinder has joined post-trade technology vendor DealHub as head of electronic FX business development in London.
Traiana opens office in Tokyo
TOKYO – Post-trade technology vendor Traiana has opened an office in Tokyo to meet the needs of locally based clients, it announced today (Monday 18).
Raphaels Bank to go live on ESN in November
LONDON - Raphaels Bank is due to go live with Wall Street System's electronic settlement network (Wallstreet ESN) in the last week of November, as part of efforts to boost its post-trade operations.
BAML live on CLS/Traiana by October
NEW YORK - Bank of America Merrill Lynch is due to go live on the CLS/Traiana joint venture trade-aggregation service by October, making it the last of the eight founding banks to begin processing through the service.
CLS targets buy side with Omgeo
NEW YORK - CLS and Omgeo have teamed up to improve post-trade reporting by the buy-side community with the addition of CLS FX instructions to Omgeo’s standard settlement instruction (SSI) database.
Post-trade innovation set to drive up volumes
NEW YORK - Post-trade functions will become more important in foreign exchange trading operations as the FX market evolves through greater use of high-frequency trading, according to speakers at the FX Week USA conference on July 13.
In Brief, June 21, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
Tullett Prebon extends post-trade with Thomson Reuters
LONDON - Thomson Reuters is capturing a larger slice of the post-trade market for forex derivatives, through a deal extension with Tullett Prebon.
In Brief, May 31, 2010
Read this week's In Brief to catch up on the latest FX technology news.
OCL provides STP feed handler to Gain GTX
LONDON - Option Computers today (April 26) announced the release of a straight-through processing (STP) feed handler for electronic communications network Gain GTX.
RBS to go live on CLS/Traiana JV
Royal Bank of Scotland is set to become the fourth bank to go live on the CLS/Traiana joint-venture trade aggregation service by early May, according to a person familiar with the situation.
Citi and Morgan Stanley live on CLS/Traiana JV service
Dealers act to cut costs and operational constraints
Credit Suisse live with Traiana Harmony NetLink
Dealer expands retail brokerage services
Morgan Stanley wins Advanced Markets as FXPB client
Success for nascent FX prime brokerage business.