The brokerage firm will help SFC-licensed virtual asset trading platforms with Bitcoin and Ether ETFs in Hong Kong.
Institutional FX
All the latest news and current affairs from the institutional FX and CFD space, including liquidity providers, buy-side and sell-side firms, prime brokerages, and interbank players.
Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.
BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.
“The crypto winter had a huge impact across the industry, and GCEX was no exception. However, in response to the decline in revenue, we have been resilient and adaptive, navigating our costs effectively and diversifying revenue streams such as introducing staking services for institutional and professional clients.”
“FxGrow’s decision to partner with us is indicative of the growing advantage for brokers to leverage tier-one institutional-grade technology while maintaining control over their own platform. Integral is well-positioned to provide the SaaS solutions that will enable these businesses to better compete in the market.”
“Our vision is to create the preeminent investment management solution for firms around the globe. Clearwater’s integrated platform eliminates the need for multiple data reconciliations, serving as a reliable singular source of truth.”
“The creation of a protected space to trade the most challenging blocks is a direct response to a request from our Membership and is an extension of our existing block trading offering, to facilitate more complex and nuanced trades.”
“In today’s fragmented market, the likelihood of having natural market contras at size, in multiple days ADV, which also match price ambitions, is incredibly unlikely. What’s more, matching technology alone is no longer enough.”
“Across the industry, as sophistication levels increase, the demand for superior quality historical market data is intensifying. Market participants need easy access to global, ready-to-use data to improve their own products and strategies, gain a deeper understanding of liquidity dynamics, and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.”
“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”
“The launch of ODP will strengthen HKEX’s capability to support the needs of global investors, and cement Hong Kong’s leading position as Asia’s risk management centre and an international financial centre.”
“StoneX Payments proudly services more than 80 bank customers across the US, EU, UK and APAC regions, including many of the world’s largest and systemically important banks, offering 140+ currencies across 180 countries.”
Trading software and liquidity services provider Finalto has gone live with its Over-the-counter Derivative Product (ODP) Liquidity Solution in South Africa in early 2023.
Trading software and liquidity services provider Finalto received two accolades at the iFX EXPO LATAM 2024 held in Mexico City earlier this month.
“The partnership with LeapXpert and SteelEye has transformed our client communications and improved the efficiency of our communication processes.”
“Amid shifting interest rate expectations, Micro U.S. Treasury futures offer easier access to key 10- and 30-year benchmarks, complementing our broad risk management suite of U.S. Treasury offerings.”
“By pre-ingesting, mapping, and linking many different data sources together, Bloomberg allows customers to significantly reduce the time needed to generate signals or insights.”
“Our auto-negotiation service provides the code, support, and security out of the box.”
“These new data feeds represent a paradigm shift in market data accessibility. By providing unprecedented insights during out-of-trading hours, we empower traders with a continuous ATS source, fostering informed decision-making. Our partnership with dxFeed further solidifies our commitment to delivering innovative solutions to the financial industry.”
