Category: Institutional

The Minneapolis-headquartered lender, the fifth-largest bank in the United States, is the third institution to join this year. CLSSettlement is widely regarded as the global benchmark for foreign exchange settlement risk mitigation, covering 18 of the world’s most traded currencies. In the first half of 2025, the service settled an average daily value of $7.9…

FundsPlace, Euroclear’s end-to-end fund distribution solution, connects more than 2,500 clients globally.  Under the agreement, Euroclear is expected to oversee platform services and automate trailer fee collection for Novo Banco’s mutual fund depot, aiming to cut complexity and improve efficiency across the bank’s distribution model. “Partnering with Euroclear FundsPlace is a key step in our…

The move makes BNY the 19th liquidity provider on FXSpotStream’s no-cost-to-takers service, joining a roster that includes global institutions such as J.P. Morgan, Barclays, Citi, Goldman Sachs, UBS and HSBC.  The company, a wholly owned subsidiary of LiquidityMatch, said the expansion reflects its commitment to offering clients greater market depth and choice. “The addition of…

The move comes as the Berlin-based platform surpasses 10 million customers across 18 European markets, with more than €150 billion in assets under management.  The company said it will introduce three new independent asset classes by the end of the year, beginning with private markets. Two further categories will follow in monthly intervals. The firm…

The Somerville, Massachusetts-based trading technology firm said the system gives traders more control over pricing, replacing reliance on external vendors that have historically added cost and complexity.  The firm explained that by consolidating workflows into a single platform, it aims to make FX swap pricing more transparent, flexible, and cost-effective. oneZero said regional banks have…

The two banks plan to go live with the solution by the end of 2025. DTCC explained that the workflow standardises and automates the delivery of hedge fund trade files to prime brokers, creating a “golden copy” of transaction details once a trade match occurs between a hedge fund and an executing broker.  The firm…

The move significantly broadens StoneX’s global trading capabilities. Founded in 2000, Right Corporation provides trading and logistics services for independent meat packing operations, distributors, and end-users.  Under the leadership of owner Leslie Wright, the company has developed a strong reputation for customer service and long-standing industry relationships. Wright will remain with the business in a…