Technology
Identity crisis for Facebook’s Libra under lawmakers’ grilling
Washington wrestles with ‘regulating the heck’ out of Libra without stifling innovation
Kurk joins Northern Trust as COO
Hire aims to capitalise on acquired technology and product capabilities
Debelle swings at ‘buyer beware’ disclosures in FX
‘They don’t give you free licence to do whatever you want,’ says new GFXC chair
Best prime-of-prime provider of the year: IS Prime
IS Prime voted Best prime-of-prime provider of the year at the 2019 FX Week e-FX Awards
Best FX market data provider of the year: CLS
CLS voted best FX market data provider of the year at the 2019 FX Week e-FX Awards
Record builds synthetic FXPB offering
Specialist currency manager will use tri-party model to move securities collateral between banks
CBDC could work as contingency payment solution – Norges Bank
Research continues, although central bank finds CBDCs unnecessary to ensure public access to secure means of payment
Lawmakers try to halt Facebook’s Libra over privacy and security fears
Swiss-based financial system potentially storing trillions of dollars could be target for hackers
360TGTX to unveil new NDF streaming to aid bank algos
Complementary offering set to go live next quarter
Gillespie joins Spotex in sales role
Based in London, Kevin Gillespie will target institutional and broker clients, besides banks
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
Refinitiv adds to buy-side offering with AlphaDesk acquisition
Deal lets vendor add OMS functionality to existing trading workflow
HSBC looks to AI to unearth data patterns around commercial activity
As DLT initiative brings forth more data, the bank is looking to improve services for corporate clients
SmartTrade selected for Asahi’s precious metals trading platform
SmartTrade will provide connectivity to markets, as well as pricing, distribution and post-trade management
Genesis product aims to speed up time to market
Creative Studio provides capability to build and customise web-based solutions with minimal coding
Former astrophysicist to overhaul BNY Mellon macro strategy products
Brought in from State Street, John Arabadjis will also supervise the bank’s analytics team
TraderTools to allow banks to white-label forwards and swaps
Firm gears up to give regional banks an algo suite in coming weeks to help market-making abilities
Crypto winter doesn’t spell end for blockchain investments
Despite the downfall of ICOs, investors are banking on blockchain transforming many industries
Electronic trading differentiates dealers competing for market share
Technology and business scope keep JP Morgan and Citi at the top, but selectivity has some dealers gaining momentum
Mosaic to bring real-time performance analytics to FX
Platform will be in production with a major client in third quarter
HSBC brings in fintechs to strengthen its FX muscle
Bank quietly enlists fintechs to work within its fold, both to expand its capabilities and to let it focus on “superstar” technology in-house
Singapore’s edge in race between Asia’s FX hubs
Singapore is beating Tokyo and Hong Kong in volumes, changing the FX trading landscape in Asia. What is it doing to make sure it's No. 1?
Puth takes up adviser role at R3
The former CLS CEO will serve as strategic adviser to the digital ledger technology firm
Rise of workflow as the buy side's low-key hero
The goal is to build a “single source of truth” to cut costs, make better trading decisions and react quickly to new regulation