Category: Institutional

partnership
January 07, 2021 BY Steffy Bogdanova

LCH ForexClear adds non-deliverable FX options clearing to its offering

Logan Campbell, Global Head, FX Derivatives, Deutsche Bank said: Clearing non-deliverable FX options is a natural product extension to complement cleared non-deliverable forwards. This enables us to benefit from clearing a wider range of our non-deliverable FX products, reducing operational complexity and increasing capital efficiencies with the reduction of risk weighted assets possible through clearing.…

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collaboration
January 06, 2021 BY Steffy Bogdanova

Ballinger & Co. partners with ED&F MAN Capital Markets

Gary Pettit, Chief Executive Officer UK, ED&F Man Capital Markets, commented: Our collaboration with Ballinger is a perfect example of our ability to be nimble, entrepreneurial and to work with partners to bring together best in class solutions for our clients.  I am sure that this will be the first step of many in our…

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acquisition
January 05, 2021 BY Steffy Bogdanova

Cboe Global Markets finalizes acquisition of BIDS Trading

Cboe Global Markets Chairman, President and CEO Ed Tilly said: Through our successful collaboration on Cboe LIS, Cboe and BIDS Trading have established a proven track record in delivering best-in-class block trading capabilities for European equities. We are excited to have Cboe's reach extend into the off-exchange segment of the U.S. equity markets through its…

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Broctagon Prime and FXCubic enter new multi-level partnership agreement
December 30, 2020 BY Steffy Bogdanova

Fintech firm FXCubic partners with multi-asset liquidity provider Broctagon Prime

Pantelis Michael, Executive Director of Broctagon Fintech Group commented: We believe this partnership is a valuable asset to both, especially in current market conditions, where traders are seeking for more investment options. We’re happy to be working with FXCubic to reach more brokers globally, as they benefit from the vast number of instruments and competitive…

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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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