Foreign exchange market

Bloomberg FXGO adds Supplementary Cost Analysis Tool

Retrieved on: 
Monday, November 23, 2020

NEW YORK, Nov. 23, 2020 /PRNewswire/ --Bloomberg today announced a new tool to help calculate the full cost of foreign exchange trades on FXGO, its electronic trading platform on the Bloomberg Terminal.

Key Points: 
  • NEW YORK, Nov. 23, 2020 /PRNewswire/ --Bloomberg today announced a new tool to help calculate the full cost of foreign exchange trades on FXGO, its electronic trading platform on the Bloomberg Terminal.
  • The supplementary cost analysis tool on FXGO calculates the best overall price in real-time, quickly and easily for the trader, before execution, taking into account any extraneous costs as a direct consequence of the execution.
  • "We are pleased with how well the new FXGO supplementary cost tool integrates with our existing Bloomberg FX trading workflow.
  • Bloomberg's Foreign Exchange electronic trading platform FXGO and the new supplementary cost tool are available on the Bloomberg Terminal, used by the world's leading asset managers, pension funds, corporate treasuries, government agencies and regional and global banks.

B2Broker Launches B2Margin White Label Margin Exchange Trading Platform

Retrieved on: 
Wednesday, November 18, 2020

B2Broker , a leading liquidity and technology provider of solutions to the Forex and crypto industry, has announced the launch of B2Margin , a white label margin exchange trading platform.

Key Points: 
  • B2Broker , a leading liquidity and technology provider of solutions to the Forex and crypto industry, has announced the launch of B2Margin , a white label margin exchange trading platform.
  • View the full release here: https://www.businesswire.com/news/home/20201118005593/en/
    Image 1: B2Margin WL Margin Exchange Trading Platform (Graphic: Business Wire)
    Margin trading, long present in the Forex markets, is now hugely popular in the fast-moving crypto sphere.
  • Back in 2016, all traders preferred spot trading but business is now moving further towards derivative trading, justifying our decision to develop B2Margin and offer an attractive margin trading solution to our clients.
  • B2Margin is a White Label Margin Exchange trading platform developed by B2Broker that includes a range of functions including on-boarding, compliance, risk management, pricing and trading analytics.

Telstra Launches the Telstra Octagon Platform to Speed up Trading Across Eight Global Exchanges

Retrieved on: 
Tuesday, November 17, 2020

Designed for multi assets, equities, fixed income, commodities, money markets, forex, futures, and derivatives trading, the Telstra Octagon platform gives organizations the ability to trade faster across key exchanges.

Key Points: 
  • Designed for multi assets, equities, fixed income, commodities, money markets, forex, futures, and derivatives trading, the Telstra Octagon platform gives organizations the ability to trade faster across key exchanges.
  • The state-of-the-art connectivity can help companies speed price discovery, risk analysis, smart order routing, flow and matching, trade execution and settlement.
  • The Telstra Octagon was designed to enable global financial trading firms to thrive in the hyper-competitive trading world of today where the difference between success and failure is measured in milliseconds, said Nicholas Collins, president, Telstra Americas.
  • The platform provides increased control over trading performance thanks to Telstras trans-Pacific subsea cable networks.

Notice from the Office of the Secretary - Ontario Securities Commission

Retrieved on: 
Monday, November 16, 2020

VRK FOREX & INVESTMENTS INC. and RADHAKRISHNA NAMBURI, File No. 2019-40

Key Points: 

VRK FOREX & INVESTMENTS INC. and RADHAKRISHNA NAMBURI, File No. 2019-40
TORONTO, Nov. 16, 2020 /CNW/ - The Commission issued an Order in the above named matter.
A copy of the Order dated November 16, 2020 is available at www.osc.gov.on.ca .

triBalance Completes First FX SA-CCR Optimization Cycle

Retrieved on: 
Friday, November 13, 2020

Bilateral and cleared initial margin exposures were simultaneously optimized in the FX cycle that took place on October 29, 2020.

Key Points: 
  • Bilateral and cleared initial margin exposures were simultaneously optimized in the FX cycle that took place on October 29, 2020.
  • The triBalance service has been available for cleared and bilateral transactions since 2017. triBalance generates a customized set of new risk reducing transactions that allow clients to redistribute bilateral exposures within TriOptima's multilateral network to manage counterparty credit risk.
  • "TriOptima is preparing FX clients for the new SA-CCR requirements that are currently being phased in across the major jurisdictions before the end of next year," said Philip Junod, Senior Director, triReduce and triBalance Business Management.
  • TriOptima runs weekly FX optimization cycles for 30 currency pairs and will include SA-CCR optimization in all future cycles.

triBalance Completes First FX SA-CCR Optimization Cycle

Retrieved on: 
Friday, November 13, 2020

Bilateral and cleared initial margin exposures were simultaneously optimized in the FX cycle that took place on October 29, 2020.

Key Points: 
  • Bilateral and cleared initial margin exposures were simultaneously optimized in the FX cycle that took place on October 29, 2020.
  • The triBalance service has been available for cleared and bilateral transactions since 2017. triBalance generates a customized set of new risk reducing transactions that allow clients to redistribute bilateral exposures within TriOptima's multilateral network to manage counterparty credit risk.
  • "TriOptima is preparing FX clients for the new SA-CCR requirements that are currently being phased in across the major jurisdictions before the end of next year," said Philip Junod, Senior Director, triReduce and triBalance Business Management.
  • TriOptima runs weekly FX optimization cycles for 30 currency pairs and will include SA-CCR optimization in all future cycles.

Leanne Zeng, Vice President of Global Affairs at TCSA, was Invited to Participate in "Dialogue of Continents" Panel by RBWC

Retrieved on: 
Thursday, November 12, 2020

The panel took place during the Dialogue of Continents, a forum hosted by the Hamburg Institute of International Economics and the Reinventing Bretton Woods Committee.

Key Points: 
  • The panel took place during the Dialogue of Continents, a forum hosted by the Hamburg Institute of International Economics and the Reinventing Bretton Woods Committee.
  • As China's first digital currency, DCEP combines the functionalities of digital currency and electronic payment.
  • The chair also invited Zeng to introduce TCSA's innovative solution in the field of monetary data analytics.
  • Based on real-time monetary data, TCSA synchronizes national economic, fiscal, monetary and financial data, which is integrated into a national economic data brain.

smartTrade Wins Best FX Aggregator at FX-Markets e-FX Asia Awards 2020

Retrieved on: 
Thursday, November 12, 2020

smartTrade Technologies , a pioneer in multi-asset electronic trading solutions, was recognised as the Best FX Aggregator at the 2020 e-FX Asia Awards this week.

Key Points: 
  • smartTrade Technologies , a pioneer in multi-asset electronic trading solutions, was recognised as the Best FX Aggregator at the 2020 e-FX Asia Awards this week.
  • This award recognises that smartTrade's LiquidityFX platform enables clients to access the best possible liquidity, smart order routing and execution algos.
  • Trading is supported by smartTrades recognised track record in innovation, investment and with a long-term commitment to quality solutions for clients.
  • smartTrade has won the Best FX Aggregator award for the second year running, a testament to the firms position as the only end-to-end platform dedicated to the needs of all forex exchange market participants.

DMALINK To Offer Emerging Markets Liquidity Through Gold-i's Matrix NET

Retrieved on: 
Tuesday, November 10, 2020

LONDON, Nov. 10, 2020 /PRNewswire/ -- DMALINK , a provider of institutional FX trading and RegTech services, has partnered with Gold-i to offer its emerging markets liquidity through Gold-i's Matrix NET.

Key Points: 
  • LONDON, Nov. 10, 2020 /PRNewswire/ -- DMALINK , a provider of institutional FX trading and RegTech services, has partnered with Gold-i to offer its emerging markets liquidity through Gold-i's Matrix NET.
  • The partnership between DMALINK and Gold-i enables DMALINK to increase its global footprint, particularly in the APAC region where Gold-i has a strong client base.
  • Gold-i's Matrix NET is an extension of Gold-i's multi-asset liquidity management platform, Matrix .
  • Matrix NET supports FX, CFDs and cryptocurrencies in a single solution which is fully compatible with the Gold-i Crypto Switch .

DMALINK To Offer Emerging Markets Liquidity Through Gold-i's Matrix NET

Retrieved on: 
Tuesday, November 10, 2020

LONDON, Nov. 10, 2020 /PRNewswire/ -- DMALINK , a provider of institutional FX trading and RegTech services, has partnered with Gold-i to offer its emerging markets liquidity through Gold-i's Matrix NET.

Key Points: 
  • LONDON, Nov. 10, 2020 /PRNewswire/ -- DMALINK , a provider of institutional FX trading and RegTech services, has partnered with Gold-i to offer its emerging markets liquidity through Gold-i's Matrix NET.
  • The partnership between DMALINK and Gold-i enables DMALINK to increase its global footprint, particularly in the APAC region where Gold-i has a strong client base.
  • Gold-i's Matrix NET is an extension of Gold-i's multi-asset liquidity management platform, Matrix .
  • Matrix NET supports FX, CFDs and cryptocurrencies in a single solution which is fully compatible with the Gold-i Crypto Switch .