IPC Systems, a voice-trading, electronic communication and networking solutions vendor, is launching a partnership that facilitates extranet access to a platform from newcomer Omniex that supports the trading of digital assets via cryptocurrency exchanges and over-the-counter (OTC) venues. With this move, IPC is targeting buy- and sell-side firms that want to start trading digital assets,… Read More >>
Shell’s Treasury Group Deploys Bloomberg FX Service
The foreign exchange (FX) central treasury business of Royal Dutch Shell is replacing several systems — many of them manual — with an automated platform developed to work with Bloomberg terminals and facilitate end-to-end electronic FX workflows with order audit trails. The new corporate treasury service is integrated with Bloomberg terminals and offers “a simplified… Read More >>
Finastra Acquires Olfa Soft to Complete eFX Trading Suite
Finastra is adding Olfa Soft’s electronic foreign exchange (FX) trading platform Seamless FX to its portfolio of treasury transaction offerings as a result of a recently announced acquisition. The Geneva, Switzerland-based Olfa Soft offers trading platform design and integration services to facilitate uninterrupted FX services, officials say. “As FX markets become more competitive with trading… Read More >>
UAE Firm Offers New Access to NY Trading Hub
A brokerage and foreign exchange investment firm based in the United Arab Emirates (UAE), ADS Securities, is offering its clients new connectivity to New York financial markets because customers are more concerned with the ways “they can connect than they are with the places,” according a spokesman for the firm. The Abu Dhabi-based firm, regarded… Read More >>
Hong Kong Firm Goes Live with Fidessa Platform
China Merchants Securities (CMS), a leading player in the Hong Kong financial markets, has gone live with Fidessa’s new “fully managed and outsourced” Asian trading platform, say Fidessa officials. CMS officials have “upgraded [to it] from its previous system to benefit from [Fidessa’s] expanded capabilities,” Fidessa officials say. CMS, majority owned by the People’s Republic,… Read More >>
