Post-trade
Fenics partners with Traiana for post-trade connectivity
Fenics Software will use Traiana's Harmony network to connect its clients to trade repositories and central counterparties as mandatory reporting and clearing looms
Banks invest in future of Traiana with 12% stake
Seven banks have bought a collective 12% stake in Traiana - which has been valued at $300 million - earning them a valuable seat on the company's new board of directors
US CFTC fines Chicago-based RJ O'Brien & Associates $300,000 for supervision failures
Futures broker pulled up for failing to uncover fraudulent activities of introducing broker, marking the extension of accountability
JP Morgan goes to market with new cross-asset platform
JP Morgan Markets, a new platform unveiled this week, will ultimately incorporate more than 30 existing platforms into a single client offering
Banks welcome Ice Link’s selection of Traiana to expand into FX
Traiana's network of banks, clearing houses and buy-side firms in the FX market will enable Ice Link to quickly expand from CDS middleware into forex
Credit to remain a dominant theme in FX, says Traiana’s Coyne
Closer scrutiny of credit relationships has become a major trend in the FX market, leading to initiatives such as the Kill Switch, which has already been used to shut off the activity of a prime broker’s client, reveals Traiana chief executive Andrew…
Traiana wins EBS and Reuters deal for clearing connectivity
Traiana's Harmony CCP Connect will provide the plumbing for EBS and Thomson Reuters to connect to clearing houses and their members
Achievement award: Gil Mandelzis
Traiana’s co-founder and former chief executive wins the 2012 e-FX achievement award in recognition of his lasting contribution to the development of the industry over the past 12 years
DealHub rolls out reporting and clearing platform
FX technology vendor is this week launching its so-called Smart Trade Reporting platform to help clients meet new regulatory requirements
Mandelzis hands Traiana baton to Coyne
Gil Mandelzis tells the industry Andy Coyne was his 'immediate no-brainer choice' to succeed him as chief executive of Traiana
MarkitServ connects Swift to broaden FX clearing reach
MarkitServ last week announced it had partnered with Swift to create a single point of access for Swift users to access multiple FX CCPs
Trade repositories consider connectivity options
With multiple trade repositories appearing in a number of asset classes, including foreign exchange, market participants are considering how competing repositories should collaborate to avoid data inconsistency. Chiara Albanese reports
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…
Kiel joins UBS Global Asset Management
Former global head of post-trade services at Thomson Reuters relocates from London to New York to take on the role
Best bank post-trade services: UBS
UBS wins the post-trade services award after investing heavily in CRM tools and prime brokerage over the past year as part of its preparation for new regulations
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.