Category: Forex

The collaboration is said to enable traders to execute FX spot, non-deliverable forward (NDF), and precious metals trades through their existing workflows without incurring additional fees or investing in new technology.  Furthermore, the integration supports both passive and aggressive order types via GUIs, APIs, pre-built algorithms, and risk warehouses, said the firm.  Paul Houston, Global…

The move is designed to enhance trading flexibility and operational efficiency for its clients. The joint offering is said to enable professional traders to manage futures, equities, and options strategies from a single interface, all cleared through Wedbush.  By streamlining access across asset classes, Wedbush said the platform aims to meet growing demand for seamless…

The firm said in a release that the new division will offer advisory services focused on business strategy, infrastructure, compliance, talent, technology and due diligence.  Furthermore, it will work in coordination with BTIG’s institutional business, outsource trading, and prime brokerage teams. Paul Covello and David Gold have been appointed Co-Heads of the U.S. division. Covello…

Clearstream explained that the initiative follows successful efforts in standardising processes and reporting for Asset Servicing. The primary objective of these enhancements is to align Clearstream's service offering with T2S and Swift standards, while also achieving greater harmonisation between CBF and CBL.  This is expected to allow CBF legacy clients to transition to ClearstreamXact and…