BidFX, the leading cloud-based provider of electronic foreign exchange trading solutions, today announced a significant addition to its product range delivered via OpenFin, the operating system (OS) of finance. BidFX now offers a desktop-installed web application supporting the layout of window-based components that interoperate securely and seamlessly across a trader's multi-screen workstation.
With 50% month-to-month growth in trading volumes, FX is on a roll - but what will happen when we’re back to normal? The coronavirus pandemic threw the world into a tailspin. More than six months after COVID-19 came into our lives, the international community is still dealing with substantial uncertainty. Hundreds of millions have lost their income, and the future remains undecided for people and businesses around the world.
Integral Reports Average Daily Volumes of $35.1 Billion in June 2020 Volumes increased 7.7% month-on-month
Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported average daily volumes (ADV) across Integral platforms totaled $35.1 billion in June 2020. This represents an increase of 7.7% compared to May 2020, and a decrease of 3.6% compared to the same period in 2019.
TrueFX, a purpose-built OTC market designed for the buy-side, today announced that Sucden Financial, a leading global multi-asset execution, clearing and liquidity provider, has joined as a TrueFX Clearing Member (TCM) to support their clients access liquidity on the network.
AvaTrade, an award-winning forex and CFD broker, has announced the opening of its latest office in Warsaw, Poland. This expansion adds to AvaTrade’s growing international presence, including offices in Dublin, Milan, Tokyo, and Sydney, and is a significant step forward in the broker’s aim to accommodate the needs of traders internationally.
Integral, the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $32.6 billion in May 2020. This represents a decrease of 7.1% compared to April 2020, and an increase of 6.9% compared to the same period in 2019.
IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for forex traders around the world, including unique withdrawal solutions, mobile trading platforms, and advanced customisation features. They will be joining a long list of international companies utilising the ecosystem in Mumbai to drive innovation and growth.
Bank of China has launched DeepFX, an artificial intelligence-based foreign exchange trading signal prediction application through Eikon, the first released third-party Eikon app from a China based financial institution.
Wirecard and Singapore’s largest currency exchange network FXChange simplify payments for every traveler
Wirecard, the global innovation leader for digital financial technology and FXChange, Singapore’s largest self-service currency exchange network, are collaborating to provide outbound and inbound travelers in Singapore with simple and flexible digital payment options. The companies are launching multi-currency Visa cards and a corresponding app which will offer travelers the chance to combine payment with the possibility to earn and redeem... more
CLS, a market infrastructure group delivering settlement, processing and data solutions, is releasing an FX Forward Volume dataset as part of its comprehensive suite of executed trade data products. FX Forward Volume data focuses on outright forwards and swaps which provide an aggregated view of the forward market, therefore confirming pricing models for forwards and swaps. This is CLS’s first data product for the FX forward market as CLS’s... more
BNP Paribas today announces its strategic partnership with Kantox, a leading fintech specialising in FX risk management solutions. The agreement enables BNP Paribas and Kantox to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ clients across EMEA. Dynamic Hedging is an innovative software solution developed by Kantox, which allows corporate treasurers to fully automate and streamline FX workflows. The solution will complement the... more
SWIFT is leading industry efforts to increase automation levels in the global FX market through better standards to help remove barriers that hinder the exchange of information and to enable straight through processing. The global FX market which trades in 180 currencies and in large volumes, cannot operate without high levels of automation, but obstacles remain that prevent it operating in the most efficient manner. With millions of... more
Kantox, a leader in FX management solutions for businesses, has just closed its second venture debt financing deal with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses, enterprises and their investors. The €5 million loan package is the second deal agreed between Kantox and SVB, with the first announced in December 2017. The new financing agreement underscores the appeal of Kantox’s growth story and SVB’s track... more
BEQUANT, the leading cryptocurrency exchange, announced today that it has hired Daniel Clayden as its new Head of Product Development. With 25 years’ experience in Capital Markets and Financial Services Technology, Daniel’s appointment will strengthen the company’s growing roster of products in the cryptocurrency market. Daniel has previously held roles at a number of Tier 1 Investment Banks, including J.P. Morgan and Credit Suisse. Before... more
CoinEx is about to build a public chain CoinEx Chain for decentralized trading. The website was launched on March 22 and a CoinEx Chain-based decentralized trading platform CoinEx DEX will be online expected in Q4 this year.