Institutional FX

smartTrade has experienced significant growth in the past year. In April, Swiss Bank Lombard Odier & Co Ltd integrated LiquidityFX, smartTrade’s in-house developed FX solution.

This business segment is experiencing ongoing transformation, with Refinitiv building out the firm’s solutions through strategic acquisitions such as Scivantage and the launch of Refinitiv Digital Investor and Refinitiv Workspace for Wealth Advisors.

The many challenges faced by private market participants, such as disconnected communication and back-office reconciliation, were solved by the newest version of the Private Market Hub.

Invast’s pricing team also released a variety of “ultra-competitive pricing options” across its suite of Index and Commodity instruments using both Fixed and Variable pricing structures.

The hire comes on the heels of a successful minority funding round in which Primus Capital Partners took a stake in the company

Earlier this year, London Stock Exchange Group (LSEG) completed its USD27 billion acquisition of Refinitiv. LSEG has issued Refinitv about a 37% economic interest and a 29% voting interest in the stock exchange operator.

The deal was made on the basis of a “locked box” closing mechanism, which means the buyer will sustain the results, whether gains or losses, of the whole year 2021.

TietoEVRY is a Finnish IT software and service company with approximately 24,000 employees, active in around 20 countries.

The firm also appointed Cecilia Chan as its Executive Director and Head of FX. Ms. Chan joins Broctagon from Singapore Exchange, where she was Vice President.

Options will leverage his expertise after leading Fixnetix, managing real-time data and analytics at Refinitiv, and establishing Pico Trading’s low latency backbone.

StoneX Markets’ self-service OTC Platform has been designed to provide direct access to its OTC markets, often considered opaque and complicated to novice investors, so that it can be leveraged by all users of commodity options products.

Pre-trade cluster analytics improves investment managers’ decision-making on how to trade, including driving the optimal order routing options for order execution right down to selecting the best algo available on TS Imagine’s Algo Wheel.

Customer consortium data allows institutional clients to monitor and lower their trading costs by identifying brokers providing best execution.

oneZero, one of the leading multi-asset enterprise trading technology solutions, has appointed Marc Reider as the Director of Hub Product Management.

Several leading names within the industry have recently set up or enhanced infrastructure in Singapore as the country develops its FX market to serve the growing trading and hedging needs in the region.

The Core-to-Digital solution enhances process automation and standardization, allowing Decisive to deliver an improved digital journey to its Relationship Managers and clients.

Many established trading companies in Dubai expect to see new partnerships and added volumes amid the entry of Israeli entities. FinanceFeeds spoke to Gaurav Kashyap, Head of Futures at EGM Futures DMCC, a regulated subsidiary of Equiti Group, to ascertain his view on the matter.

TraderEvolution continues to make strides with its flagship product. The multi-market online trading platform provider has signed another client as it rapidly expands across the globe. 

The service overcomes missing exchange notifications issues with real-time intelligence so that financial firms are able to manage their reference data from the exchanges.