Under the terms of the agreement, an Application Program Interface between Currenex’s Internet service, FXtrades and IFS’s MarginMan-GATE application will be built, allowing financial institutions to conduct automated collateralised Foreign Exchange trading on the Currenex exchange. Currenex members include MasterCard International, Royal Dutch/Shell Group and Intel Corporation as well as 35 global, market-making banks.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.