Bloomberg and Cognotec, a provider of foreign exchange dealing solutions, are about to launch an FX price discovery and execution solution. Buy side clients looking for FX pricing and execution will be able to use the Bloomberg Professional platform to connect to many banks’ e-commerce pricing engines provided by Cognotec. Bloomberg and Cognotec have been working together since last year and have already introduced a phase-one service deployment. This phase allows Bloomberg clients to customize requests for streaming bank-attributed FX prices delivered from banks’ e-commerce platforms. Several banks are live on the phase-one service as part of a controlled introduction, with a number of banks in the deployment pipeline.
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.