According to Swift’s
latest RMB tracker, the UK’s RMB payments value increased by 21% between March
2014 and March 2016, it as the first offshore RMB clearing centre after Hong
Being the second
biggest is not as important as it ...
Deutsche Börse could probably be considered as Germany’s
biggest FinTech company. It certainly has a long history of innovation, having
pioneered electronic trading and remote access back in the 1980s and 1990s. So
it is perhaps almost inevitable ...
The Moscow Exchange (Moex) has announced it
will offer what it terms “new opportunities and services to FX Market
participants”, from July 4. The exchange is introducing various new products
and services, which effectively are part of the process of building ...
Clearing house LCH has unveiled two senior executive appointments to its FX business.
Effective 1 May 2016, Daniel Maguire will assume the role of global head of
rates and FX derivatives. In his expanded role, Maguire will be responsible for
the global ...
Bats Global Markets, the operator of various exchanges and
trading venues, including Hotspot in FX, has closed its initial public offering
(IPO). The company has sold 15,295,000 shares of common stock at $19.00 per
share. This includes 1,995,000 additional shares sold by the ...
trading platform, TrueEX, now supports market activity during London business
to TrueEx, this is in response to rapidly growing client demands in both the US
and across Europe and will enable European clients to access the same ...
Three more venues have released FX volume data for March,
with EBS Brokertec and CME Group reporting declines but Moscow Exchange (Moex)
bucking the trend with higher volumes.
EBS volumes for March were $83.7 billion, down 20.2% from
$102.6 billion in February and 19.7% ...
Total trading volume
on SEFs averaged $443.5 billion per day during the month of February, an 8.6%
decrease from the previous month and a 2.7% decrease from February 2015,
according to the Futures Industry Association’s (FIA) SEF Tracker.
The decrease resulted
entirely from ...
Moscow Exchange’s (Moex) benchmarks for the currency, equity,
bond and money market segments
have been recognised as compliant with the International Organization
of Securities Commission’s principles (Iosco).
Moex’s benchmarks are the
basis for a number of financial ...
exchanges to continue diversifying away from their core business of providing a
platform for trading, was the message from exchange heads at the FIA Boca
On the same day that
Deutsche Boerse and the London Stock Exchange ...