Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the publication of proposed operational procedures for trading protocols on its FXall platforms, including a codified Provisory Liquidity protocol that governs participants’ use of ‘last look’ liquidity.

LMAX Exchange, the leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has been named ‘Best Margin Sector Platform’ for the third year running at the 2015 Profit & Loss Readers’ Choice Awards in New York.

The Profit & Loss Readers’ Choice Awards, which are based on reader votes, recognise excellence within the FX industry throughout the previous year.

IBM today announced 20 new industry-specific solutions with pre-built predictive analytics capabilities that will make it easier and faster for organizations across industries like retail, banking, telecommunications, insurance and others, to uncover and act on critical business insights.

SunGard has won the 2015 Inside Reference Data Award for Best Corporate Actions Vendor for its XSP solution. Hosted by Inside Market Data and Inside Reference Data, the awards recognize industry excellence in market data, reference data and enterprise data management.

A brief history of what's in your wallet

The Credit Card and revolving balance concept arrived in the second half of the 20th century. Diners Club, American Express, Visa and Mastercard have all made their mark in the history of the Credit Card.

From John Biggins “Charg-it” card in 1946 to the modern day chipped rectangles of glossy plastic that reside in everyones wallet today, to the arrival of mobile and digital payments for most transactions we are still punching a 4 digit pin number into a POS device or an ATM.

Back in 2010 crowdfunding was a fledgling industry. As with much early stage growth, very little of note happened. Move forward five years and the contrast is startling. Namely the man on the street is starting to take notice and get involved. Of course the media has been playing their part for at least a year, with more and more eulogies slowly appearing in all the mainstream press. As with any new industry, naysayers have also arisen, criticising vast elements of crowdfunding. But it is safe to say that the crowdfunding cat is totally and irrevocably out of the proverbial bag.

Under MiFID II pre- and post-trade data is required to be made available in an unbundled fashion – ultimately the regulator is aiming to drive down data costs. So where trading venues sell their pre- and post-trade data in the same ‘package’ they will be required to also make it available separately at a reasonable cost. Setting aside the cost discussion, the whole topic of data disaggregation has perhaps slipped under the radar.

The pace of private investment is changing. In fact, almost everything in the world of private investment is changing. New sources of capital are flooding the market against a background of low interest rates – and investors are looking for new asset classes to deliver the returns they once took for granted. And yet many within the industry still insist on working in the same way as they have done for the past few decades.

 SNL Financial has released a new report exploring the state of the U.K’s banking system.

SWIFT announces that The KYC Registry is now available to fund distributors and custodians. In response to an identified need within its Community, SWIFT is extending the reach of The KYC Registry beyond correspondent banking to support Know Your Customer (KYC) compliance requirements for funds distribution and custody services.