News/Technology
Quick to distribute Fenics’ Kace products in Japan
The agreement enables Quick to offer an integrated solution to clients
Thomson Reuters unit becomes Refinitiv
TR’s Financial & Risk changes name, following majority stake buyout led by Blackstone
SEB rolls out algos on BBG and FXall
Swedish dealer develops algo strategies in-house and gives clients access to internal liquidity pool
DTCC partners Symphony for exception management
The integrated product could be available in early 2019
BSO and Hoptroff partner for time-stamping solution
The time-as-a-service solution provides accuracy within a 10 microsecond divergence from UTC
Record expands relationship with WisdomTree
The specialist currency manager will provide additional EM signals to the asset manager
360T expands algo suite for corporates
The platform offers 60 strategies from 13 banks, with four more dealers to come online before the year-end
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Consolidated feeds cost industry $1.4bn a year, survey finds
Despite the growth of direct data connections, spending on consolidated feeds is set to rise, Greenwich Associates finds
Need for security drives cloud adoption, says survey
The share of cloud spend in financial firms’ IT budgets is set to rise to 47% by next year – up from 30% now
BidFX joins MarkitServ’s FX network
The firm expands range of post-trade processing services it offers clients
Last-look class certification fails against Deutsche Bank
US District judge Lorna Schofield denies two class certifications, saying market participants were aware of liquidity providers using last look
Allston Trading picks Corvil for analytics
The electronic market-maker seeks to optimise its systems and infrastructure for better execution outcomes
Deutsche Börse boosts FX data offering
The new streaming service will cover FX spot and swaps
FXall launches analytics tool
FXall launches the Trade Performance Analytics tool, which will be rolled out on other Thomson Reuters platforms in future
Citi launches ‘E For Education’ campaign for sixth year
The US bank includes a broader range of electronically traded products and new partners this time
OCC will not offer further guidance on ‘fourth-party’ risk
Onus on banks to vet subcontractors during contract negotiations, regulator says
Focus shifts to plumbing as crypto markets mature
Panellists at the 14th annual FX Week Asia conference say the institutionalisation of crypto markets is gaining momentum
Thomson Reuters adds JPY/THB to Matching
Trading the yen and baht directly will increase market liquidity and transparency
More platform deals to come, says consultancy
FX specialist consultant Javier Paz says smaller venues may seek larger owners over the next two years
TransFicc secures Citi investment
Connectivity provider will join US bank’s innovation lab in London
State Street to buy BestX
The TCA provider is set to become a wholly owned subsidiary of State Street; financials undisclosed
Nex Infinity DLT could go live this quarter – Choussy
The DLT element is ready from a technical perspective