243 articles tagged with this keyword
News/Foreign exchange
Coincheck, a Japanese cryptocurrency exchange that made news in January when hackers stole $500m of customers' deposits, has been sold to Japanese retail broker Monex for $34m (3.6bn yen).
06 April 2018
CME Group has reached agreement on a £3.9 billion take over of the UK's NEX Group, in a deal that promises to transform the world's currency and sovereign debt markets.
29 March 2018
Finastra has acquired Geneva-based eFX supplier Olfa Soft to capitalise on an ongoing shift to automated machine-to-machine electronic trading in currency markets.
30 January 2018
A London court has heard testimony from a fired Barclays FX trader about his use of the bank's FX algorithmic trading system in his bid to win his job back, reports Bloomberg.
15 January 2018
Bloomberg is to provide forex traders with pricing on alternative virtual currencies, including Ether, Ripple's XRP and litecoin, alongside bitcoin charts as speculative investors pile into crypto-markets.
18 December 2017
The two founders of start-up foreign exchange service TransferWise are reported to be preparing a sale of some of their shares in a further round of fundraising that could see the company's valuation exceed £1.2 billion, consolidating its unicorn status.
31 October 2017
Cobalt, the FX post-trade processing network based on shared ledger technology, has closed an investment from Henry Ritchotte, the former Deutsche Bank COO who will also become a member of the startup's strategic advisory board.
03 August 2017
Euronext is to acquire a 90% stake in spot FX trading network FastMatch for an initial cash consideration of $153 million.
23 May 2017
Citadel Securities and XTX Markets have signed up as launch partners for the live implementation of Cobalt's FX post-trade processing network, a DLT-based platform founded by currency trading veterans Andy Coyne and Adrian Patten.
11 May 2017
Australian cross-border payments firm Airwallex has raised US$13 million in a Series A funding round led by Chinese Internet giant Tencent and joined by Mastercard.
01 May 2017
The Monetary Authority of Singapore (MAS) continues its relentless march towards the digital future through the creation of a data analytics group.
14 February 2017
Currency trading firm FxPro has abandoned plans for a London stock market flotation as a result of the UK regulator's plan to crackdown on the growing financial spread betting market, according to Sky News
04 January 2017
Citi has invested an undisclosed sum in Cobalt, a blockchain startup aiming to bring distributed ledger technology to the processing of foreign exchange trades.
15 December 2016
Peer-to-peer FX trading startup Cobalt DL is to deploy OpenCSD, the permissioned ledger based platform from SETL to create a shared view of trade data for market participants.
26 October 2016
Robot traders are being blamed for a currency rout which saw the pound plunge by six percent in just two minutes in early Asian trading Friday.
07 October 2016
Multi-bank foreign exchange counterparty CLS is to build a payments netting service for trades settled outside the core membership using distributed ledger technology based on Hyperledger Fabric.
27 September 2016
A 'blockchain inspired' post-trade peer-to-peer network co-founded by the former CEO of Traiana Andy Coyne, is to commence beta testing with eight institutional FX market participants following successful proof-of-concept trials.
17 August 2016
London-based forex startup Tramonex has scored a £250,000 grant from the UK government to develop a prototype for cross currency payments using blockchain technology.
28 April 2016
Russian authorities' opposition to virtual currencies has been underlined after a presidential adviser referred to bitcoin as an internet joke and a virus and urged that it be outlawed.
31 March 2016
Barclays has been slapped with a $150 million fine by New York state's financial regulator and told to fire an employee over an automated system used to reject unprofitable client orders on its electronic foreign exchange trading platform.
18 November 2015
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.