Tag: OTC FX

FX settlement
July 03, 2017 BY LeapRate Staff

NEX Optimisation launches OTC FX automated Settlement Netting Service

NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit, which helps clients reduce complexity and optimise resources across the transaction lifecycle, has launched the FX industry’s first fully automated Settlement Netting Service to streamline the bilateral settlement netting process for market participants. The Settlement Netting Service will automate settlement netting of over-the-counter foreign…

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Sucden hires UBS FX exec Kirsty Gillies to head eFX Sales
May 09, 2017 BY Valentina Kirilova

Sucden launches OTC FX options service

International derivatives broker Sucden Financial has launched a new OTC FX options service. The new offering provides users with the ability to price their own option structures online and benchmark those prices against independent data for greater transparency. Having identified client requirements regarding liquidity, cost and the availability of independent pricing data, we realised that…

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August 03, 2016 BY Valentina Kirilova

Monex Group OTC FX volumes down 10% MoM in July

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for July 2016 and its Global daily average revenue trades (DARTs) is down from June levels, which were 293,426 in numbers, and is now only 275,082. This slight drop might be due to the 4th of July holidays which is usually followed by…

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