Xignite opens New York Office and gets two senior financial services executives on board
- 7 years 10 months ago
- FX Contracts, Institutional Trading, Market and Reference Data, Infrastructure, People Moves
Xignite, Inc., the leading provider of cloud-based financial data application programming interface (APIs), has expanded its leadership team adding two senior financial services executiv
SIX x-clear continues to expand into Nordic markets
- 7 years 10 months ago
- Foreign Exchange, Securities Services
SIX x-clear Ltd – the clearing arm of SIX Securities Services – is now able to provide clearing services for the Nasdaq Nordic cash equity markets (including ETFs). From 20th February, 2017, SIX x-clear offers an enhanced and interoperable clearing solution for Denmark, Finland and Sweden.
Option Market Launches at Tehran Stock Exchange
- 7 years 11 months ago
- Trading Systems, Foreign Exchange
Single Stock Option Contracts were introduced for the first time at Tehran Stock Exchange on 18 December 2016. The call option contracts started trading on the above date, and it is expected to shortly develop put option market as well. The existing option contracts are exercised as European options. On the first day of trading, more than 15000 contracts were traded in 270 transactions at the total value of IRR 25 Billion.
Citi becomes an angel for Cobalt DL
- 7 years 11 months ago
- Blockchain, FX Contracts, FinTech StartUps, Risk Management
Cobalt DL, the FX post-trade processing network based on distributed ledger technology, today announced that Citi has become an investor and one of the launch clients for their Cobalt FX post trade solution. Cobalt DL has commenced beta testing with a number of leading FX participants on its private peer-to-peer network that uses distributed ledger technology to significantly reduce risk and cut post-trade costs by up to 80%. Cobalt DL’s FX... more
Saxo Bank Distingueshed for Unrivalled FX Offering
- 7 years 11 months ago
- Trading Systems, Foreign Exchange
Saxo Bank, the online multi-asset trading and investment specialist, today announces that it has won Best Prime of Prime House in FX Week's Best Banks Awards and Best Forex Broker and Best Prime of Prime/Retail Liquidity Provider in the Finance Magnates Awards.
SGX Named “Asia Exchange Of the Year” At Energy Risk Awards
- 7 years 12 months ago
- Trading Systems, Foreign Exchange
Singapore Exchange (SGX) has been named “Asia Exchange of the Year” by Energy Risk, adding to its earlier “Exchange of the Year” title at the magazine’s global awards. Energy Risk, a Risk.net publication, presented its Asia awards at a gala dinner in Singapore on 24 November to recognise excellence across Asian commodities markets.
Saxo Enhances FX Prime Brokerage Service With Global Market Access and Collateral Optimization Solution
- 8 years 1 week ago
- Trading Systems, Foreign Exchange
Saxo Bank, the trading and investment specialist, announces today that it is boosting its FX Prime Brokerage solution with the addition of a cross-collateralisation facility between PrimeXM sites in New York, London and Tokyo where it provides FX direct market access. The facility will enable Saxo’s Prime clients with global liquidity needs to further optimise their collateral by synchronising balances and exposures across the three primary... more
ThinkMarkets Reveals New MT4 Super
- 8 years 2 weeks ago
- Trading Systems, Foreign Exchange
Leading multi-asset trading platform, ThinkMarkets has announced its revamped platform MT4 Super, an enhanced custom version of Metatrader4. The move is part of ThinkMarkets’ ongoing push to enhance client experience.
HSBC to Adopt SWIFT's FX Business Insights Information Service
- 8 years 1 month ago
- Trading Systems, Foreign Exchange
SWIFT announces today that HSBC is the first customer to use its new FX Business Insights information service. The new FX service from SWIFT allows its customers to continuously measure their FX business performance and make more informed strategic decisions, based on metrics derived from actual transactions rather than survey-based information.
First Trust Reveals Seven New ETFs based on the Nasdaq US Smart Sector IndexesSM
- 8 years 2 months ago
- Trading Systems, Foreign Exchange
First Trust Advisors L.P., a leading exchange-traded fund (“ETF”) provider and asset manager, has launched seven new ETFs based on the Nasdaq US Smart Sector IndexesSM. The indexes, which are created and administered by Nasdaq, Inc. (“Nasdaq”), are modified factor-weighted indexes designed to provide exposure to US economic sectors. The seven funds are listed below: First Trust Nasdaq Bank ETF (Nasdaq: FTXO) First Trust Nasdaq Food &... more
Institutional FX Advisory Partners Unveils New Consulting Service with ITG FX TCA
- 8 years 2 months ago
- Foreign Exchange, Infrastructure
Institutional FX Advisory Partners (IFXAP) today announced that it has partnered with ITG Analytics to bring ITG’s award-winning FX TCA product to middle-tier asset managers and pension funds in Europe.
SGX Joins United Nations Sustainable Stock Exchanges Initiative
- 8 years 2 months ago
- Trading Systems, Foreign Exchange
Singapore Exchange Ltd (SGX) is pleased to announce that it has joined the United Nations (UN) Sustainable Stock Exchanges (SSE) initiative as a Partner Exchange. The SSE initiative, opened by UN Secretary-General Ban Ki-Moon in 2009, serves as a platform for exploring how exchanges, together with stakeholders, can enhance corporate transparency on Environmental, Social and Corporate (ESG) governance issues and stimulate sustainable investment.
Northern Trust Launches Securities Lending and Foreign Exchange Services in Australia
- 8 years 3 months ago
- Foreign Exchange
Northern Trust has established a securities lending trading desk and appointed a senior foreign exchange sales representative in its Sydney, Australia office. This latest announcement underlines Northern Trust’s continuing expansion across the Asia-Pacific region. “We are delighted to establish a capital markets presence in Australia,” said Dane Fannin, head of capital markets, Asia-Pacific Northern Trust. “Growing Northern Trust’s geographic... more
CLS Group Welcomes Daiwa Securities As a New Settlement Member
- 8 years 3 months ago
- Foreign Exchange
CLS Group, a leading provider of risk management and operational services for the global foreign exchange (FX) market, has expanded the number of settlement members accessing its service with the addition of Daiwa Securities Group. Daiwa Securities Group is one of the largest financial institutions in Japan. It joins 65 other financial institutions in becoming a direct participant in CLS’s settlement and risk mitigation system – which settles... more
OANDA Distinguished as Best Retail FX Platform by FX Week
- 8 years 3 months ago
- Foreign Exchange, Infrastructure
OANDA has been named the world’s Best Retail FX Platform at the prestigious e-FX awards by leading industry publication FX Week, beating out a host of competitors and knocking last year’s winner off the top spot. A global leader in online multi-asset trading services, OANDA combines cutting-edge trading technology and exceptional execution across a wide range of asset classes, enabling clients to trade global market indices, commodities,... more
