Bank of China and Refinitiv launch foreign exchange price prediction app
by Ben Poole
DeepFX uses AI to predict short term price movements in FX pairs for market participants and is available to global users of Eikon.
FX Management & Crypto
Background
According to the latest Bank for International Settlements (BIS) survey of foreign exchange volumes, in 2013, almost $5.3 trillion in currencies globally are traded daily. The increasing…
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RMB cracks top 5 currency ranking for global payments volume
by Ben Poole
SWIFT's latest RMB Tracker statistics show the continued global growth of the Chinese currency.
Integral partners with Western Union to provide FX technology solutions
by Ben Poole
The cloud-based BankFX platform offers control over more than 10,000 currency pairs.
Sumitomo Electric Industries to access CLSSettlement as a third-party participant
by Ben Poole
It becomes the first Japanese manufacturing company to settle currency trades via CLSSettlement as a third-party.
Deutsche Bank invests to support Vietnam cross-border trade
by Ben Poole
The bank is responding to higher demand for Vietnam dong on FX platforms.
Deutsche Bank invests in Sri Lanka
by Ben Poole
The bank is targeting corporate clients with a new digital FX platform.
ACI FMA partners with Axiom Global Advisors
by Ben Poole
The partnership intends to boost the industry-wide implementation of the FX Global Code.
More banks join CLSNet
by Ben Poole
BNP Paribas, Citibank and J.P. Morgan among those signing up to the post-trade processing platform.
SMBC selects Kx for e-FX infrastructure
by Ben Poole
The multi-year agreement will provide the bank with a variety of capabilities, including algo trading and risk management tools.
Central banks ponder digital currency potential
by Ben Poole
A group of central banks are assessing possible use cases for digital currencies.
Standard Chartered’s first use of FX e-trading engine demonstrates latency reduction
by Ben Poole
The inaugural trade, executed with the bank’s counterparty United Overseas Bank, saw a latency reduction of 80%.
US corporates rack up FX losses of US$11bn in three months
by Ben Poole
A Kyriba report identifies prolonged currency volatility as a factor in the Q3 2019 losses.
FCA becomes AML and CTF supervisor of UK cryptoasset activities
by Ben Poole
Any businesses undertaking cryptoasset activities is now required to register with the regulator.
Top 10 market structure trends for 2020
by Ben Poole
New Greenwich Associates report finds that technology will continue to drive financial market evolution in the new year.
Is ‘monetary magic’ dead?
by Ben Poole
How far has central bank power waned since the global financial crisis?
TreasurUp partners with KBC
by Ben Poole
The winner of Rabobank's 2016 Moonshot innovation campaign offers a white label treasury platform.
Chinese crypto exchange CEO missing
by Ben Poole
IDAX Global's CEO has disappeared just days after its activity in China was suspended and users' ability to withdraw funds was hampered
Citi platform to simplify cross-border B2B collections
by Ben Poole
Citi Global Collect embeds FX capabilities in the global invoice presentment and payment process.
SEB reaffirms international presence
by Ben Poole
The bank says that a changed competitive situation has created business opportunities.
Industry research explores what the 2025 treasurer will look like
by Ben Poole
Journeys to Treasury explores how treasurers can leverage best practices and new technologies to become a strategic business partner.
North American companies see US$21bn in FX losses in latest quarter, research finds
by Ben Poole
A Kyriba report shows FX losses cost companies more than US$44bn in 2019.
Citi launches Cross-Currency Sweeps for liquidity management
by Ben Poole
Cash concentration solution offers automated foreign exchange conversion.
FX-hedge portfolio optimization using TIP
by Jack Large
TIPCO claim new levels of FX hedge efficiency whilst cutting FX dealing costs
FX API aggregators gain, while ECNs work to prove themselves
by Ben Poole
A Greenwich Associates report shows that multidealer platforms and telephone trades remain the most popular ways of executing FX trades