News/Technology
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
Kace Pro adds FX options streaming
Few multibank portals offer streaming of FX options that can be white-labelled to clients
LiquidityFinder turns on liquidity matchmaking site
The website offers a consolidated view of liquidity providers for simple comparison
Citi and HSBC go live on Capitolis Novation as first prime brokers
The two banks have used the service extensively across their client base
Goldman Sachs goes live with smart NDF algo
Initial trades have already taken place with the algo, which draws on internal and external liquidity
Avelacom opens third point of presence in Tokyo
New PoP rounds out range of low-latency services in Japan amid expansion in Asia-Pacific
Isda enlists tech partner in run-up to new IM rules
Body joins forces with AcadiaSoft as industry prepares for initial margin deadlines
Liquidity the biggest hurdle for traders in 2019 – JP Morgan survey
E-trading poll of 200 institutional traders highlights impact of Mifid II
Refinitiv’s FXall TCA tool goes live
New features will be added to analysis tool at regular intervals in 2019
IHS Markit partners Cobalt for post-trade
Cobalt’s platform now connects to MarkitServ’s network of counterparties
OTCXN signs TokenSuisse to network
Swiss crypto investment solutions provider joined on January 17
HSBC settles millions of FX transactions with DLT
The bank is exploring using the technology to help corporates manage FX flows better
MarketFactory secures funding from Silicon Valley investment firm
Accel-KKR’s strategic investment will facilitate MarketFactory’s expansion into new markets and services
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific
WM/Reuters Thai baht benchmarks to be sourced from Matching Clob
The baht benchmarks are now based on trade data rather than indicative rates
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
ABN Amro to clear Eurex FX derivatives
These include classic exchange-traded futures and options, as well as rolling spot
Avelacom adds new point of presence at TY3
This delivers the lowest latency capabilities between London and Tokyo
Crypto markets need big bank financing and credit
Acquiring backing of a bank with a sizeable balance is more important than custodial services at this stage, says crypto market-maker
Morgan Stanley invests $15 million in Integral
Cash injection enables Integral to pursue platform expansion across broader set of currency participants