Trading systems
Best aggregator and Best FX analytics provider: oneZero
oneZero continues its rapid growth as FX brokers, banks and non-banks in Asia and beyond benefit from the advanced features its multi-asset trading and analytics technology provide
Best FX aggregator: oneZero
In addition to expanding its network and achieving strong revenue growth, oneZero hit an impressive stride in 2022 by processing 9 trillion quotes on average per month
Best FX analytics provider: smartTrade Technologies
The smartTrade LiquidityFX system has allowed smartTrade Techologies’ customers across Asia’s FX markets to optimise liquidity provision based on their specific FX needs
Blockchain startup Symbiont files for bankruptcy
Clients included American Century, Citi, Franklin Templeton, State Street and Vanguard
Banks prepare to unleash FX swap bots
BNP Paribas, JP Morgan build execution algos to plug into platforms – but swaps liquidity needs to catch up first
Quantum trading and the search for the perfect clock
Government push to overhaul satellite technology could improve time-stamping accuracy for trading firms – and for regulators
First P2P trade completed on Siege FX
Dark pool aims to match algo orders among its 30 buy-side clients
Ion forced to split Broadway, keeping FX
Remedy satisfies UK competition watchdog – but “a big defeat” for acquisitive tech giant
UK watchdog has competition concerns over Ion-Broadway deal
Trading tech giant has five days to address issues, or face months-long investigation
Buy-side firms reject EMS brokerage charges
Some users favour licence fee over per-trade charging – and have forced vendors to switch
Scrutiny and frictions follow EMS vendors into fixed income
Aggregators are facing resistance from venues and attracting the attention of regulators
Fee fight: dealers take aim at brokerage costs
Old tensions have new edge as banks urge clients to bypass platforms
Instinet launching FX agency trading business
Execution services arm of Nomura prepares agency-model e-trading platform for spot FX
SVB Financial Group invests in TickTrade Systems
Parent company of Silicon Valley Bank partners Toronto-based fintech to strengthen FX offering as client base goes global
Integral and Jefferies partner to cut buy-side costs with TrueFX
By centralising credit, liquidity and technology, costs could drop by up to 80%
Deutsche Bank’s Autobahn goes mobile
App gains 700-plus subscriptions since September launch; users can trade round-the-clock
Money managers won’t trade digital assets soon, say crypto experts
Few institutional market participants willing to take on reputational risk associated with crypto trading
OpenFin: user experience is new differentiating factor for banks
Market participants want agile applications that interact easily with other software
Kace to offer electronic distribution of FX options in China
Huge potential for China’s FX options market, but regulation and digital transformation are key
JP Morgan to bring e-FX trading and pricing engine to Singapore
The bank’s scheduled 2020 launch will help consolidate Singapore’s position as Asia’s leading FX trading centre
TY11 has potential to host e-FX matching engines in Tokyo
Success of new Equinix data centre could hinge on use of cloud due to close proximity of providers