Institutional Forex

FX Options get boost with Tradeweb platform

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Tradeweb Markets LLC announced the introduction of an electronic, multi-dealer-to-customer trading platform for FX options. This is the fourth derivatives marketplace to have been launched by Tradeweb since 2005. The new platform enables options trading on major currencies and allows …
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BMO rolls out SunGards GlobalOne technology

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Canada’s Bank of Montreal has expanded its offering of Sungards financial products and is now using the GlobalOne software for securities lending from its Toronto office. Global One is a suite of securities finance solutions for trade processing, operations and …
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CME Group increases stake in Dubai Mercantile Exchange

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CME Group increases its global footprint by increasing its position in Dubai Mercantile Exchange. DME rivals DGCX in Dubai and in the Emirates in general. DME mainly allows for oil products hedging while DGCX lists Gold, Silver and certain currency …
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Hong Kong Commodity Exchange partners with RTS

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RTS Realtime Systems Group, a leading global trading solutions provider, today announced that the company now offers market access to the Hong Kong Mercantile Exchange (HKMEx), China’s international commodity marketplace. The move enables RTS clients – including commodity trading firms, …
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Commerzbank signs up to Smart Trade FX Aggregator

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SmartTrade Technologies a financial technology solutions firm has announced that one of its newest clients, Commerzbank Corporates & Markets, has integrated smartTrade’s (FX) Liquidity Management System into their proprietary FX platforms. The new technology aggregates liquidity from Commerzbank’s FX trading …
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Social FX Awards 2011

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Social Media is the new buzz word affecting every part of our daily lives. Businesses, charities & schools are all taking the leap to be ‘more’ socially available on the numerous portals like Facebook and Twitter. We covered the boom …
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Metaquotes announces Hotspot FXi Integration Gateway

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Metaquotes is on fire lately: lately releasing the long awaited iPhone app for its MT4 platform, connecting MT5 to CitiFX Pro’s liquidity and integrating with Singapore exchange among many other things. Yesterday Metaquotes released an Adroid tablet version of its MT5 …
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Credit Suisse sued by Regent Markets Group for infringing betting patents through its Merlin FX platform

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On April 17, 2007, United States Patent No. 7,206,762 (the “‘762 patent”) was duly and legally issued to Jean-Yves Sireau (“Sireau”) for an invention titled “Betting System and Method”. On or about December 13, 2000, Mr. Sireau assigned all rights, …
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Indian Commodity Exchange to file IPO

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Multi Commodity Exchange of India (MCX), country’s largest commodity exchange, will open its initial public offering (IPO) of 6,427,000 equity shares (dilution of 12.6% post issue) for subscription during February 22-24, 2012. The issue consists of an offer for sale …
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HotSpot’s January 2012 volume up from December but down comparing to January 2011

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Perhaps this marks a beginning of a slowdown in the institutional forex market as usually January volumes are pretty strong. Although HotSpot’s volume increased 30% from December 2012 they haven’t increased enough and now are 11% lower than in January 2011. …
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