Tag: foreign exchange

September 16, 2014 BY Mike Fox

ITG launches FX Volatility Index application

ITG (NYSE:ITG), a leading execution and research broker, today announced the launch of the ITG FX Volatility Index (ITG FXVX), an innovative daily benchmark for Foreign Exchange traders and portfolio managers. The ITG FX Volatility Index forecasts the volatility in the coming trading day based on historical trends and adjusts for implied volatility as well…

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September 08, 2014 BY Mike Fox

Exegy announces new feeds and business for Forex venues

Exegy provides best-of-breed products and services to a diverse set of élite firms in the financial services industry. Today, the firm announced support for the Cantor Fitzgerald StreamFX, FX All Active Trading, ICAP EBS Ai, Integral FX Inside, LMAX InterBank, and LMAX Professional feeds.

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September 03, 2014 BY Mike Fox

smartTrade OMS adds new functionality and sees wider adoption

smartTrade Technologies, a leader in sophisticated cross-asset liquidity management systems, supporting Forex, Fixed Income and Equities among other asset classes announces today a new release of its Order Management System (OMS) and adoption by clients in Europe, the Americas and Asia Pacific. smartTrade clients have optimised their trading flow by using smartTrade OMS to handle…

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August 19, 2014 BY Mike Fox

ParFX named Technology Project of the Year in The Banker magazine

ParFX, the wholesale electronic trading platform delivering renewed transparency and equality in global spot FX, has been named Technology Project of the Year in the Dealing/Trading category by The Banker magazine, in recognition of its success in introducing fairness and equality into the world’s largest financial market – Forex. Created by the market, for the…

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August 18, 2014 BY Mike Fox

BTIG LLC further expands FX trading arm, Chicago-based team opens new FX Desk

BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, announced today that it has opened a new Chicago-based FX desk with the hires of Michael Artim, Brandon Walsh and Chris Karabelas. Since establishing its global FX trading desk in New York in late 2012, BTIG has been…

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June 18, 2014 BY Mike Fox

China to start yuan vs. sterling trading in FX market from Thursday

China's central bank said on Wednesday that the Chinese currency will be traded directly against the British pound in the interbank foreign exchange market, in the latest step to facilitate investment and bilateral trade between China and Britain. This update comes as finally China Construction Bank was named the clearing bank in London for the…

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May 28, 2014 BY Mike Fox

State Street launches TruCross/FX to create trading efficiencies in electronic FX benchmark trading

Press Release BOSTON — State Street Global Markets today announced the launch of TruCross/FX which is available exclusively to the institutional buy-side community. TruCross/FX is a FX spot benchmark execution product that facilitates the matching of institutional trades to create efficiencies in electronic FX benchmark trading by reducing information leakage and volatility around benchmark pricing times.…

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