August 07, 2014 BY Mike Fox

CLS July avg daily volume down 9.8%; average daily value down 13.7%

CLS, which operates the largest multi-currency cash settlement system to mitigate settlement risk for the FX transactions of its members and their customers saw a fall back in volume activity for July. Alexander Filshie, Chief Financial Officer, CLS: ”The average daily volume submitted to CLS in July 2014, combining the settlement and aggregation services, was…

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August 07, 2014 BY Mike Fox

Suite's ALibV3.0 powers Orchestrade Financial Systems front-to-back at large hedge fund

Suite LLC, provider of the ALib™ financial analytic library for pricing and risk management of credit and rates derivatives, has partnered with Orchestrade Financial Systems to offer an integrated cross-asset platform addressing today’s front, middle and back-office challenges. The combined Orchestrade/ALibV3.0 solution is now in production at a growing NY-based macro/fixed-income fund with approximate AUM…

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August 07, 2014 BY Mike Fox

SWISSQUOTE Daily Technical Report: USD/JPY bearish breakout at 102.36

In SWISSQUOTE’S Thursday short term technical trading report, they're research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and USD/JPY. Download the full report by clicking here. EUR/USD: Intraday bullish reversal near the key support at 1.3296 • EUR/USD made a bullish intraday reversal yesterday…

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