LCH.Clearnet Ltd, the global clearing house, has expanded the range of currencies cleared through ForexClear to include Peruvian Nuevo Sol. The move is in response to member and client demand. This addition brings to twelve the currencies now available, enabling over 95% of the non-deliverable forward (NDF) market to be cleared, including: Brazilian Real, Russian…
Read moreTraiana, the leading provider of pre-trade risk and post-trade processing solutions, officially announced today it has launched the next generation of its post-trade cross-asset allocation, matching and confirmation service for both buy- and sell-side firms. Harmony Securities is available across various products, including cash equities, equity swaps, corporate and government bonds, municipal bonds and treasury…
Read moreHFT and algorithmic trading on single-dealer institutional platforms is alive and prospering as Traiana adapts CreditLink to cater to requirements.
Read moreMove is likely meant to repair / improve ICAP and EBS's relationship with key FX liquidity banks. As we have written before, ICAP and its Forex ECN unit EBS have taken steps to repair relations with large global banks that provide FX liquidity at EBS, after complaints by such banks that high frequency traders had…
Read moreAndy Coyne will head ICAP's Traiana.
Read moreLow market volatility, losing market share to smaller competitors.
Read moreLow market volatility, losing market share to smaller competitors.
Read moreTargeting emerging market banks doing just "voice" trading to add online trading.
Read moreOpenGamma raises $15 million from ICAP and VCs.
Read more...although volumes remain below lofty mid-2011 levels.
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