Electronic Trading

FX Hedge Fund to raise capital

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UK-based currency hedge fund C-View has teamed up with MCAM Group to raise funds for their FX managed account programs. The money manager intends to develop the Currency Managed Account Program (CMAP) and the  C-View Emerging, Developing and Minor Currency Program …
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BNY Mellon FX profits dive in quarter 1

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US banking giant Bank of New York Mellon has announced declines in company profits for the first quarter of 2012. The bank saw revenues slide against 2011 figures and witnessed a major set back in its Foreign Exchange business which was …
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Trading Technologies and Mathswork team up to streamline connectivity

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Trading Technologies a leading provider of order-entry software and solutions for professional derivatives traders, and MathWorks, developer of MATLAB, a programming environment for algorithm development, data analysis, visualization and numerical computation, today announced that TT’s X_TRADER® API is now integrated …
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Chinese bank implements Spectrum software

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Financial Software Systems a leading provider of integrated financial software, is pleased to announce that Oversea-Chinese Banking Corporation Limited has licensed the Spectrum MarginTrac System. Named the “Best Domestic Bank in Singapore”, by AsiaMoney (May 2011) and the ”World’s Strongest …
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Velocity upgrades FX Trade Management Solution

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Canadian institutional FX broker Velocity Trade has upgraded its trade management solution. The firm uses Financial Software Systems Spectrum Broker for enhanced order management services. The new system gives Velocity’s dealing team higher level of automation and less manually intensive …
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T3 interbank-bridge upgraded with Dukascopy Bank

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Fair Trading Technology is announcing the release of version 2.0 of The T3 Integration Bridge. T3 Bridge is the world’s first totally transparent MetaTrader 4 bridge with multiway connections to Dukascopy Bank’s Jforex platforms. After months of development and a …
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FIX technology to be rolled out in LATAM

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Rapid Addition, the leading provider of trading technology solutions to buy- and sell-side financial institutions, has partnered with Extol to distribute its products across Latin America. The decision follows the firm’s continued success in the US and across Europe. Rapid …
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Flextrade signs up Thailand’s Phatra Securities

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Technology giant FlexTrade Systems, a global leader in broker-neutral, multi-asset algorithmic trading systems, today announced that Phatra Securities, a leading securities firm in Thailand, has deployed FlexTRADER, the award-winning EMS world-renowned for its combined high performance and multi-asset trading capabilities, …
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Canadian Bank to offer FX Options

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Canada’s leading corporate and investment banking group RBC has teamed up with FX Options specialist to offer trading on Digital Vega’s multi-dealer FX Options platform Medusa. The Royal Bank of Canada is the first Canadian bank to offer trade execution …
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IKON partners with NASDAQ to offer Spot Gold Futures

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The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), the world’s largest exchange group, in partnership with IKON GLOBAL MARKETS (IKON), a futures commission merchant registered with the U.S. Commodity Futures Trading Commission offering foreign exchange, futures and options on futures to its …
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