Technology
CloudMargin secures $10m to fund growth
Provider of collateral and margin management deepens relationship with IHS Markit
Gain Capital expands cryptocurrency offering
Customers can trade the digital coin against the euro, pound and Australian dollar
Elysium partners Cryptalgo for cryptocurrency trading solutions
The firms introduce the solution to financial institutions as interest in digital currencies rises
Philippines bankers partner Bloomberg on FX initiatives
Bloomberg has been selected as the calculation agent for USD/PHP and bankers will use FXGO for spot trading
London Block Exchange adds ripple
Ripple becomes fourth cryptocurrency offered by newly created London Block Exchange
TickTrade partners Applied Financial
The move opens the Canada-based trading technology firm to markets in Asia, Europe and the US
BIS warns of virtual currency risks
CBDCs could have an impact on global financial stability, and large demand could force central banks into risky assets, new report says
SmartStream hires Kilcoyne and promotes Schiebl to COO
The two men are veterans in building and managing fintech solutions
Citi to hire technologists for London innovation hub
The London lab will initially employ 75 people
UK regulators zoom in on algo trading
FCA and PRA launch co-ordinated push to improve risk management and governance of algorithmic trading
FastMatch to add cryptocurrencies to FX Tape
The venue plans to support trading of the asset class later this year
BIS: central banks must act on cryptocurrencies
Agustin Carstens warns against proliferation of cryptocurrencies without regulatory framework
Blockchain-based tool offered by smartTrade
Clients will be able to subscribe to the new service and access it through an open API
Darren Coote joins Cobalt
FX veteran becomes an adviser and investor at the pre- and post-trade processing company
Integral expands market data service to 14 cryptocurrencies
Financial technology firm hopes to provide a more accurate reference price for major cryptocurrencies
FastMatch launches two new order types
The venue also makes changes to its system to improve market data rates
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
Citi: the bank of 10,000 technologists
The bank's Tel Aviv-based fintech Accelerator programme has seen over 70 start-ups attract more than $300 million in VC money
TraderTools taps Abacus for cloud service
The venue gains the global scale and infrastructural expertise to expand ULN
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Citi: scale is vital in an increasingly fragmented environment
The push for more automation is also being driven by rising costs and more fragmented markets
Pragma calls for flash crash definition
Technology provider Pragma says systematically tracking flash crashes according to a set of criteria could help regulators
SmartTrade opens Milan office as client base grows
The company has onboarded new clients in several places, including Germany, Italy, Japan, North America, South Africa and Switzerland
Regulations often neglect FXPB, panellists say
Post-crisis regulatory efforts tend to focus on core market-making, leaving credit intermediators in a confusing limbo