News Centre

FCMs Voice Concern Over Economics And Timeline Of Repo And Treasury Clearing: Acuiti

Date 21/11/2024

Sell-side firms that will provide clearing services to clients under the SEC’s treasury and repo clearing mandates have raised concerns over the economics of participation in the market and the timeline for implementation, a report from Acuiti has found.

CLS FX Trading Activity | October 2024

Date 21/11/2024

Lisa Danino-Lewis, Chief Growth Officer, CLS, said:
“In October 2024, we saw average daily traded volumes of USD2.2 trillion, an increase of 10.2% compared to October 2023. Over the same period, FX swap volumes and FX spot volumes were up by 16.2% and 2.6%, respectively, while FX forward volumes decreased by 10.5%.”

IOSCO Publishes Consultation Report On Pre-Hedging - Report Assesses Potential Conduct And Market Integrity Issues Associated With The Practice Of Pre-Hedging

Date 21/11/2024

IOSCO has today published a Consultation Report inviting feedback on its recommendations relating to pre-hedging practices.

Broadridge Significantly Enhances Structured Product Trading Capabilities - New Enhancements Address Industry Needs To Quote At Unprecedented Scale, While Optimizing Trading Technology To Unlock Significant Efficiency Gains For Traders

Date 21/11/2024

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced transformative enhancements to Tbricks, its high-performance multi-asset trading and market making solution. Broadridge’s latest Structured Products Market Making enhancements are set to transform global trading operations, enabling trading desks to quote hundreds of thousands of structured products across multiple markets and distribution channels simultaneously.

Worldline Enables GarantiBBVA International N.V. To Comply With EU Instant Payments Regulation With Cloud-Based Solution

Date 21/11/2024

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with GarantiBBVA International N.V. to implement its cloud-based instant payments solution. This multi-year agreement will empower GarantiBBVA International to seamlessly comply with the latest regulatory requirements for instant payments, and it marks a significant step in the bank’s digital transformation.

TransFICC Confirms Intention To Bid For Fixed Income Consolidated Tapes

Date 21/11/2024

TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, today announced that it intends to bid to be a consolidated tape provider (CTP) for Fixed Income.

SkySparc Strengthens Americas Practice With Appointment Of Ex-PwC Executive Logan Wacker To Lead Treasury Technology Delivery

Date 21/11/2024

SkySparc, a leading corporate and financial institutions solutions provider, announces the appointment of Logan Wacker as Managing Director, Americas Practice Lead, to build and lead the company's treasury technology delivery offering. By combining deep domain expertise with cutting-edge technology solutions, SkySparc enables finance leaders to transform their operations through intelligent, data-driven decision-making and automated workflows.

Nasdaq Dubai Welcomes USD 2 Billion Bonds By China’s Ministry Of Finance Further Strengthening UAE-China Ties

Date 21/11/2024

• Nasdaq Dubai has solidified its position as a leading venue for listing local and international debt with issuances from over 14 countries.
• Chinese issuers have listed over USD 22 billion in debt on Nasdaq Dubai over the years.

The World Federation Of Exchanges Opens Applications For Its 2025 Market Infrastructure Certificate Programme

Date 21/11/2024

Today the World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, opened applications for its 2025 Market Infrastructure Certificate (MIC) programme.

UK Financial Conduct Authority Proposes To Extend The Time Firms Have To Handle Complaints Relating To Motor Finance Commission

Date 21/11/2024

The proposed extension would allow firms more time to handle complaints efficiently and effectively and help prevent disorderly, inconsistent and inefficient outcomes for consumers and firms.