FXall has announced the addition of benchmark fixings to its order management solution QuickOMS. This means that clients can now submit request-for-stream and benchmark orders through a single, integrated service. Benchmark fixings are independent, auditable FX rates designed to provide an accurate reflection of the FX market at the time the rate is fixed. By submitting an order for execution at a particular fixing, asset managers and corporate treasurers can be confident that they are achieving a competitive rate for the time of execution. FXall’s service enables clients to submit orders for execution at any one of a range of industry-standard fixing series from Citi, HSBC and RBS. Each bank has made its full benchmark fixing service available through FXall.
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.