Category: Institutional

partnership
December 16, 2020 BY Steffy Bogdanova

B3 taps Genesis Low-Code Application Platform for Brazil’s financial markets

The collaboration between the two companies follows a thorough due diligence process and review of a number of low-code platforms. B3 selected Genesis to deliver a Proof-of-Concept (PoC) to process and test millions of real-time post-trading allocation messages, in a low-latency and high-throughput secure and performant environment. Within a period of six week, the PoC…

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December 15, 2020 BY Steffy Bogdanova

ANZ is the first APAC bank to settle all 18 currencies on CLS

Margaret Law, Head of Client Management, APAC at CLS, commented: With the growth of FX trading particularly in Asian currencies, settlement risk has become an increasing concern for banks in the region, and it is essential that they consider executing appropriate FX settlement risk mitigation measures. We anticipate that other banks in Asia Pacific will…

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technology partnership
December 14, 2020 BY Steffy Bogdanova

AlgoTrader Series A round raises CHF 5.2 million following Finab EOS VC Fund investment

Juan Rodriguez, Managing Director of FinLab EOS VC Fund said: Digital assets have increasingly gained prominence among investors. Therefore, institutional traders and banks now have the challenge of providing their clients with professional and secure access to this emerging asset class. Rodriguez added: AlgoTrader closes this gap with their trading and execution platform and we…

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CLS Group trading volumes
December 14, 2020 BY Steffy Bogdanova

CLS reports 4% MoM rise in November average daily traded volume

CLS’s Head of Information Services, Masami Johnstone, commented: Daily traded volumes in November were USD1.79 trillion, up 4.7% compared to October 2020. Both FX spot and FX swap volumes increased compared to the previous month by 15.7% and 3.1%, respectively, while FX forward volumes decreased by 15.5%. Compared to November 2019, FX spot and swap…

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collaboration
December 11, 2020 BY Steffy Bogdanova

LCH offers clearing services on Oslo Børs Derivatives Market

Christophe Hémon, CEO, LCH SA, commented: We’re delighted to be extending our relationship with Euronext to offer clearing for Oslo Børs Derivatives Market. This is a significant step for us as we continue to expand the number of products and trading venues available to our clearing members. Øivind Amundsen, CEO of Oslo Børs, added: LCH…

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technology partnership
December 08, 2020 BY Steffy Bogdanova

Fintech firm FXCubic partners with multi-asset broker M4Markets

M4Markets is a regulated multi-asset broker offering forex, commodities, and indices for online trading to a global client-base. The broker is built by industry experts with more than 30 years of experience. M4Markets focuses on offering a trading experience to traders through technology, low spreads, and lightning fast execution. Deepak Jassal, Executive Director at M4Markets…

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