Trade execution
Shell picks Bloomberg for Treasury system
Solution available for any corporates around the world, Bloomberg says
FlexTrade integrates data-sharing app into EMS
FlexTrade clients can automate data workflow across various platforms and systems
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Allston Trading picks Corvil for analytics
The electronic market-maker seeks to optimise its systems and infrastructure for better execution outcomes
Johnson appeal supported by two amicus briefs
Criminalising legitimate pre-hedging when the dealer acts as principal will lead to rising costs and decreased liquidity
FXall launches analytics tool
FXall launches the Trade Performance Analytics tool, which will be rolled out on other Thomson Reuters platforms in future
Singapore aims to become e-FX hub for Asia, says Loh
Speaking at FX Week Asia, MAS’s Jacqueline Loh says Singapore wants more price discovery to take place
Nex eFix adds Bloomberg benchmarks
Nex chief Seth Johnson says the platform has seen significant customer demand for BFix rates
M&G selects 360T for FX
The UK investment manager has chosen 360T as its workflow technology provider for FX order handling and execution
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
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
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Cairn treasurer denies knowing HSBC would pre-hedge order
Yet neither the corporate nor its adviser instructed the bank how to deal with the $3.5 billion order
TradAir upgrades full-amount functionality
Changes will provide direct relationship-based liquidity to clients and optimise the execution between sweepable and full amount liquidity
EBS Direct is moving to automatic full-amount for some orders
Manual orders of five million base currency or more will be automatically executed as full-amount tickets from September 5
EBS BrokerTec restructures; four management appointments
With a focus on seven core areas, the firm recruits Tim Cartledge as global head of FX and head of product
Tradition and LMRKTS deliver initial margin optimisation
The two firms conducted a live run, resulting in the processing of 132 sides of trades within eight minutes, nine seconds
Algo execution and TCA will drive market structure change
Pragma Securities chief Mechner expects best execution requirements to boost the adoption of algorithmic trading
New Change FX provides mid-market rate data to RBS
The information provides RBS customers with an independent way to measure the cost of their trades
Buy-side take-up of execution systems threatens ECNs
As buy-side firms reorganise their execution desks, multi-dealer platforms may need to rethink their position in the FX market
Integral targets institutional buy side with InvestorFX platform
New platform launch from Integral is targeted to meet the specific needs of investment managers trading foreign exchange
CFTC could force funds to break US or European law
The CFTC's broad definition of a US person could leave European hedge funds facing conflicting rules
Standards multiply as FX TCA takes hold
Increased choice in FX transaction cost analysis (TCA) is giving asset owners more tools to measure the performance of liquidity providers, custodians and trading algos. However, with more opportunities for real-time data capture driving a diversity of…
TradingScreen rolls out real-time TCA for FX
New functionality includes a heat map to enable buy-side traders to benchmark their execution in real time