Tag: banks

forex market crypto news and updates
October 15, 2019 BY Valentina Kirilova

Daily Market News: Bank earnings day

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 15, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The only real way to describe it, a total buzzkill. Just as Telegram was set to release…

Read more
CLS
July 31, 2019 BY Valentina Kirilova

CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first

CLS, a market infrastructure group delivering settlement, processing and data solutions, has today launched CLSNow, a bilateral, same-day FX gross payment-versus-payment (PvP) settlement service. J.P. Morgan and Goldman Sachs are reported to be the first banks to go live on the service. CLSNow enables banks to exchange currency positions with mitigated settlement risk on a…

Read more
Exclusive: Global economy: Tensions and weak growth
June 28, 2019 BY Valentina Kirilova

Exclusive: Global economy: Tensions and weak growth

LeapRate Exclusive... Global economic growth fell to its lowest level in three years and is now on its way to stability, but the recovery momentum is fragile and at high risk. International trade and investment were weaker than expected at the beginning of the year. Economic activity in the major developed economies, especially the euro…

Read more
June 24, 2019 BY Valentina Kirilova

More financial institutions join the Trade Finance Distribution Initiative

Commonwealth Bank of Australia (CBA), ABN Amro, London Forfaiting Company, Crown Agents Bank and Natixis have joined the Trade Finance Distribution Initiative (TFD Initiative) as members. The TFD Initiative is an industry-wide drive to use technology and standardisation for the wider distribution of trade finance assets. The project launched earlier this year, attracting number of…

Read more
iFX EXPO International 2019 is next week in Cyprus
May 15, 2019 BY Valentina Kirilova

iFX EXPO International 2019 is next week in Cyprus

The 16th event of the financial business to business expo, iFX EXPO, will be held once again at the Palais des Sports Spyros Kypriannou, Limassol, Cyprus and will happen next week, on May 21-23. iFX EXPO is focused on the retail Fintech industry. The event's aim is to connect technology, blockchain and liquidity providers with…

Read more