Reuters has announced that its Treasury Broking Services business achieved record trading volumes in the first quarter of this year, resulting in strong, year-on-year growth. The company also announced the introduction of additional Emerging Market currencies to its electronic foreign exchange broking service, aimed at further driving the growth of this market. Reuters Dealing 3000 Matching service now includes the Slovak Koruna Forwards and Turkish Lira Spot against the US Dollar and Euro for both immediate and next day settlement. Additionally, the company has launched electronic broking services in Cyprus. The addition of these new currencies follows strong growth in Czech Republic, Hungarian, Indian, Mexican, Polish and Singapore currency trading.
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.