The Settlement Center will allow users to: Match, confirm and net all deals – whether they have been dealt electronically or over the telephone; Receive real-time downloads of confirmed deals; Generate settlement instructions through the use of SSI data; Agree netted payments and settlement details with their counterparties; Notify counterparties, custodians and other third parties using industry standard SWIFT message formats including MT300 and MT304; Generate audit trails and manage entitlements for all stages of the confirmation process. FXall Settlement Center is a standalone element of the FXall system for both customers and liquidity providers, open to all market participants.
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.