Tag: BNP Paribas

March 03, 2016 BY Mike Fox

R3 trials blockchain fixed income trading with 40 banks

The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…

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September 14, 2015 BY LeapRate Staff

CFH Clearing switches to BNP Paribas as FX Prime Broker

Interbank prime of prime solutions provider CFH Clearing  has selected BNP Paribas SA (EPA:BNP) as its new FX prime broker. BNP Paribas was selected following a rigorous process. CFH cited BNP's strong credit rating, speed of onboarding and robust systems as factors in its decision. LeapRate had earlier reported that CFH had switched FX prime brokers…

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July 21, 2014 BY Mike Fox

BNP Paribas: We remain short EUR/GBP

BNP Paribas, the French investment bank has given their updated near term outlook on the EUR/GBP cross. They believe pressure is on the BOE to bump up rates, is this the beginning of the cycle for higher interest rates which can lead to some normalcy? If so, this eventually can allow for government's to get…

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March 26, 2014 BY Gerald Segal

Spin off and reorganization at BNP Paribas amid changes

French bank BNP Paribas dealing with ever changing regulatory environment BNP plans a separate derivatives clearing business, as part of its near term strategy to increase earnings at its fixed income business. BNP Paribas will shift its OTC client clearing and FX prime brokerage operations alongside its listed derivatives clearing business. The businesses had previously sat…

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January 10, 2013 BY Gerald Segal

BNP Paribas goes live with Chinese version of Cortex FX

Both institutional and retail eFX brokers pouring more resources into China. BNP Paribas introduced its Silverlight-based single dealer eFX platform Cortex just last March, and has now announced the roll-out of a Chinese language version of Cortex. Similar to leading retail FX brokers, BNP has clearly prioritized China as a high-growth region. The Cortex platform…

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