With the extended overnight trading hours of the American brokerage, it now operates between 8:00 pm ET to 3:50 am ET, Sunday through Friday. The overnight trading sessions commence on Sunday at 8:00 pm ET and conclude on Friday at 3:50 am ET. To process clients' trades during these hours, Interactive Brokers utilizes its own…
Read more
Union Bank of the Philippines has announced that it has adopted Refinitiv's Electronic Trading (ET) solution in order to power its business in the Philippines and strengthen its presence in both the local and international foreign exchange markets. ET is accessible via FXT and over 300 financial institutions across 80 countries globally are already benefiting…
Read more
NeoXam, a provider of data management and transaction software solutions dedicated to the financial industry, announced today that it is strengthening its collaboration with Ullink, the global provider of electronic trading and connectivity solutions to the financial community. NeoXam will leverage Ullink’s NYFIX Capital Markets Connectivity Utility to offer its customers direct electronic access to…
Read more
After being the first Chinese bank to stream spot CNH price during Asian time zone, ICBC (Asia) is now the first Chinese bank to initiate a 24 hour price streaming on information giant Thomson Reuters Corp (NYSE:TRI) platform FXall via Electronic Trading (ET). The move supports increasing demand from clients of ICBC (Asia) to price…
Read more
OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that QT Info Systems, a Chicago-based market data vendor, is integrating CityTrader into its premium QT Market Center Pro front-end to help meet customer demand for advanced options functionality. Daniel Rooney, Head of Global Sales for OptionsCity said:…
Read more
ThinkLiquidity today announced the launch of a transaction scoring system featured in its new web application QuantView. The patent pending system delivers robust performance metrics on trades conducted over electronic trading platforms. QuantView data can be used by trade desks and risk managers to quickly and accurately assess order flow and improve risk management. Managing Director Jeff…
Read moreRussian bank Sberbank today launched a new electronic trading offering within its investment banking division. The platform is called Sberbank Markets and supports multiple asset classes and streamlines trading, trade confirmation and settlement. Sberbank claims this will lead to lower processing costs. Sberbank Markets provides the bank's clients with access to Sberbank's FX liquidity, offers…
Read moreThe trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…
Read moreMubasher Financial Services (MFS), one of the Middle East's leading brokerage service providers for professional investors announced today the launch of the new trading platform, MTrade-Plus. A new addition to Mubasher Financial Services product offerings, MTrade-Plus provides a solid and efficient platform aimed to support retail and institutional investors. MTrade-Plus is a touch-optimized, multi-functional platform that applies creative…
Read moreForex brokerage GKFX will get access to Tradeworks’ proprietary provisioning portal and API, which enables a fully integrated, real-time, client provisioning experience. GKFX, an FCA regulated broker announced today it has partnered with Copenhagen, Denmark based financial trading technology company Tradeworks. Under the agreement GKFX will make the Tradeworks algorithmic trading tool available to their global client…
Read more