Dean Berry, Group Head of Trading & Banking Solutions, Refinitiv, commented: We are pleased to now support messaging from CME FX Link activity in order to standardize and streamline how customers can integrate in an efficient way with this growing marketplace for FX swaps. CME Group’s FX Link is available in a central limit order…
Read moreCLS Group (CLS), a provider of risk mitigation and operational services for the global Forex market, and Markit Ltd (NASDAQ:MRKT), an international provider of financial information services, today announced the launch of a new Forex settlement service for the cross currency swaps market. The new service, built in consultation with major financial institutions in the…
Read moreCiti and J.P. Morgan were the first to confirm FX options trades through the new service, which is part of the MarkitSERV trade processing platform.
Read moreMisys CMS customers to use MarkitSERV's SWIFT interface. MarkitSERV, which provides electronic trade processing services, and financial software company Misys announced a joint effort to provide enhanced FX clearing capabilities. The partnership is driven by new regulations requiring central clearing included in Dodd-Frank -- other jurisdictions are also expected to make it mandatory to clear FX. The partnership will…
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