Blockchain leaders to tackle inefficiencies in the global FX market LeapRate

December 23, 2019 BY Valentina Kirilova

Blockchain leaders to tackle inefficiencies in the global FX market

Fnality and Finteum have announced last week that they have joined forces to deliver interoperability between the Finteum application, built on R3’s Corda platform, and Fnality’s Utility Settlement Coin (USC) solution, based on Ethereum. LeapRate reminds that Corda Network facilitates full interoperability between applications and businesses on Corda. This allows data used on one application to be shared…

Barry Flanigan, IS Prime: Optimising your business is key to success during challenging times

December 12, 2019 BY Valentina Kirilova

BIS Update: Spot, forwards, and options trading in forex markets up 30%

The foreign exchange market is unique in one respect in that it is unlike any regulated national exchange, where transparency is apparent for all transactions. The forex market, on the other hand, has always been a broad based over-the-counter (OTC) networked system that relies upon credit relationships. As such, it is often difficult to get…

October 08, 2019 BY Valentina Kirilova

MOEX FX Market volume down 10% MoM in September

Moscow Exchange (MOEX) has released its trading volumes report for the month of September 2019. Total trading volume across MOEX markets was RUB 67.7 trln last month. The growth leaders in September were the Equity Market (+16.9%) and Derivatives Market (+10.5%), including commodities derivatives (+129.4%). Equity & Bond Market Total trading volumes on the Equity…

Tradesocio teams up with Global Prime for deep institutional liquidity

September 11, 2019 BY Valentina Kirilova

Jump Liquidity joins BidFX as a liquidity provider

Proprietary trading firm Jump Liquidity announced today that they have joined BidFX, the EMS designed for the 5 trillion daily FX market, as their newest liquidity provider. LeapRate reminds that earlier this year, Singapore Exchange (SGX) has acquired a 20% stake, by investing $25 million, in TradingScreen’s BidFX – a specialized trading platform for global FX…

August 05, 2019 BY Valentina Kirilova

MOEX FX Market volume up 20% MoM in July

Moscow Exchange (MOEX) just released its trading volumes report for the month of July 2019. Total trading volume across Moscow Exchange’s markets was RUB 72.1 trln last month. The growth leaders were once again the Equity Market (+54.3%), as well as: GCC Repo Market (+53.9%) Derivatives Market (6.6%), including commodities derivatives (+24.6%). Equity & Bond…

July 31, 2019 BY Valentina Kirilova

CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first

CLS, a market infrastructure group delivering settlement, processing and data solutions, has today launched CLSNow, a bilateral, same-day FX gross payment-versus-payment (PvP) settlement service. J.P. Morgan and Goldman Sachs are reported to be the first banks to go live on the service. CLSNow enables banks to exchange currency positions with mitigated settlement risk on a…

July 03, 2019 BY Valentina Kirilova

MOEX announces steady results in June

Moscow Exchange (MOEX) has released its trading volumes for the month of June 2019. Total trading volume across Moscow Exchange’s markets was RUB 66.1 trln in June 2019. The growth leaders were the Equity Market (+38.4%) and Bond Market (+13.6%). Equity & Bond Market Total trading volumes on the Equity and Bond Markets in June…

November 08, 2017 BY Valentina Kirilova

Flow Traders enters FX Market with MarketFactory

Flow Traders, a global technology-enabled liquidity provider specializing in exchange traded products (ETPs), and MarketFactory, a FX technology platform, announced today a partnership that will enable investors to trade FX directly with Flow Traders on FX trading venues across the globe. Flow Traders has a long history of trading FX as part of its hedging…

September 28, 2016 BY Valentina Kirilova

EBS BrokerTec launches EBS Live Ultra

EBS BrokerTec, interdealer broker ICAP plc (IAP.L)'s electronic foreign exchange and fixed income business, has announced that it has gone live with EBS Live Ultra, its fastest FX data product to date. EBS Live Ultra has two data interval rates: 100 milliseconds, the same as the current EBS Live service but with lower latency, and a…

September 27, 2016 BY Valentina Kirilova

CLS introduces payment netting service for FX

CLS Group, a provider of risk management and operational services for the global foreign exchange (FX) market, has announced its intent to release a payment netting service, CLS Netting, for buy-side and sell-side institutions’ FX trades that are settled outside the CLS settlement service. David Puth, CEO of CLS, commented: Working with our settlement members…

Tag: FX market