A new service has been launched by Reuters that allows banks and their customers to trade foreign exchange from their Reuters’ desktop. Reuters Trading for Foreign Exchange (RTFX) builds on the company’s global foreign exchange position, helping banks to reduce costs and expand the reach of their prices. It also extends the multi-asset Reuters trading suite of capabilities beyond fixed income, equities, and futures into spot and forward foreign exchange. Fourteen global institutions, including ANZ, Barclays Capital, and Danske Bank will be supporting the capability and are all expected to go live over the next few months. According to Reuters, RTFX brings financial market professionals the ability to quickly and securely execute spot and forward FX and manage post trade processing through a single sign-on, utilising Reuters’ global desktop footprint in the FX marketplace.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.