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Dubai FX Executives Focus on US Fed Moves Uncertainty over US Fed moves and a potential rate hike is currently the main focus among Dubai FX executives at macro level along with oil price trends, it emerged from a Bloomberg survey of industry representatives. “The uncertainty about Fed ...
Open Source Helps TradAir Cut Diagnostic Times by 90% Cloud-based eFX trading technology provider TradAir has cut “issue diagnostic” times by around 90% thanks to the implementation of open source monitoring and diagnostic tools, the company says. The tools combine open source projects Logstash and Kibana, with data visualisation tools ...
XTX: Abide With Me

07:00 June 14th 2016 in News, Around the World

XTX: Abide With Me

Non-bank market maker XTX Markets has appointed regulatory reporting specialist Abide Financial to manage its compliance obligations for multi-asset, multi-regime transactions reporting. Abide says it will assist XTX in complying with reporting rules established under European Market Infrastructure Regulation (EMIR), ...
US, China Issue RMB Commitments The US and China have jointly issued a set of new commitments aimed at developing renminbi (RMB) trading and clearing in the US, while simultaneously improving access by US institutional investors to Chinese capital markets. In the latest China-US Strategic ...
ECB Convergence Report: Lucky Seven? The European Central Bank has just published its latest euro convergence report. It says that many countries are “making considerable progress towards participating in Economic and Monetary Union (EMU),” but adds: “The seven countries under review comply with most of ...
RMB Adoption Picks Up in India According to Swift, usage of RMB has picked up in India, as its RMB Tracker shows that the renminbi is the fourth most active currency for payments between India and China/Hong Kong by value. However, India still shows one ...
Saxo Skips to the Lufax Saxo has announced it signed another white label deal in China, this time with Lufax, or as it is more formally known, the Shanghai Lujiazui International Financial Asset Exchange. Incorporated in Shanghai with the support of Shanghai’s Municipal Government, ...
Fin-Ex Buys Roubini, Merges it with 4Cast Private investment firm Fin-Ex has bought Roubini Global Economics’ (RGE) core subscription business, which will be merged with its existing 4Cast business to create 4Cast-RGE. Dr Nouriel Roubini, chairman and co-founder of RGE, says, “RGE was founded with the clear ...
What’s Up Doc? New Hires for GTX Gain’s institutional arm, GTX, says it has hired David ‘Doc’ O’Connor and Jean Darsses as senior sales executives for its registered swap dealer (Sef). This provides agency execution services in spot, forwards, non-deliverable forwards, swaps, options in major ...
When the Going Gets Tough, the Tough Go Electronic For several years now, it has only taken the most cursory of looks at any broking or trading firm’s results to understand which way the market is going. The release of Icap’s full year results to the end ...