Tech and data
Swift bullish on future of cross-border payments
Tests of GPI system enhance speed and transparency
360TGTX to unveil new NDF streaming to aid bank algos
Complementary offering set to go live next quarter
CBDC effect on lending depends on competition
CBDC could increase bank lending if banks have some market power, they say
France’s de Galhau unveils G7 task force on ‘stablecoins’
Banque de France governor says group will weigh up impact of Libra and other “stable” crypto assets
FSB weighs options for tackling rise of non-banks
Randal Quarles says strict regulation necessary if crypto assets such as Libra are used widely
Tradepoint sell-side technology streams far-date NDFs
Trading tech provider engages with a dozen banks on far-date and broken tenors
BIS annual report warns of big tech threat to banks
Basel-based body wants “level playing field” for banks and tech firms as Facebook enters payments space
Tradition preps new data platform
Broker to launch product to enhance FX cash and derivatives coverage
LSEG provides tools to another crypto exchange
On top of AAX deal, LSEG is doing design study with second crypto market about to launch
Regulators prepare response to Facebook’s Libra
Plans under way for G7 working group as crypto asset plans draw criticism in Europe and US
Facebook unveils new ‘currency’
Social media group plans to “reinvent money” with payment system backed by liquid reserves
E-FX specialists highlight algo limits
Algos and automation said to struggle in pricing complex macro events
CBDC could raise bank funding costs – Philadelphia Fed
Choosing an appropriate interest rate could help alleviate problem, say researchers
IBM: interbank currency blockchains should address emerging markets
Banks and fintechs, including USC consortium, vie to build distributed networks for FX transactions
FSB report considers impact of decentralised financial technologies
Report warns of negatives of tokenisation
Kooltra plots broker entry with FX market technology
Fintech firm plans compliance, dealing and settlement automation solution for FX payments providers next year
National Bank of Ukraine continues focus on CBDC
‘E-hryvnia’ pilot project completed in February
Tradepoint to roll out fixing algo
Trading tech firm plans to introduce in-house fixing algo, captured under its ‘all you can eat’ pricing structure
Riksbank opens procurement for development of e-krona
Central bank intends to commission platform for electronic central bank payments in 2020
Itarle to open New York office, co-locate at CME
Swiss best execution and TCA provider set to open NY office and co-locate with CME
Regulators must do more to assess risk of crypto assets, says FSB
FSB members differ on how to tackle international co-ordination
FX surveillance gets personal in hunt for market abuse
Algorithms underpinning today’s platforms are learning traders’ habits – even their voice won’t escape detection
Curex to launch new market impact tool in June
Aims to give clients a deeper look at the impact of their trading
CBDC need not pose stability threat – paper
Markus Brunnermeier and Dirk Niepelt say some arguments about CBDCs are “questionable”