On Monday, Tenfore Systems, an independent provider of real-time and historic global market data, announced that vwd group, a German provider of financial information systems, went live with Tenfore
Treasury systems provider Wall Street Systems has formed a partnership with Logicscope, a vendor of automated post-trade notification and automation technology, which will see Logicscope's TradeSTP post-trade notification software integrated into the Wallstreet FX ASP application.
Last Thursday, F&C Alternative Investments, a pan-European asset manager, commenced fund-raising for its F&C Garnet Fund, a hedge fund that aims to achieve absolute returns by investing and trading in the FX volatility and forward rate bias (FRB) space.
Progress Software Corporation, a supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, today launched the Progress Apama FX Market Aggregation Accelerator.
4th Story, a provider of automated trading software to institutions, hedge funds and broker-dealers, has connected its real-time trading strategy platform, 4S.
Caplin, a provider of real-time web connectivity to financial markets, today unveils Caplin Trader, an out-of-the box web trading application that enables banks to build multi-product trading portals
Global foreign exchange volumes increased 17% from 2005 to 2006, according to new research from Greenwich Associates. At the same time, the interest-rate derivatives business recovered from a year of stagnant trading volumes with a 10% increase in 2006.
Cognotec, a supplier of foreign exchange dealing technology, says that Scotiabank has adopted and deployed Cognotec's AutoDeal+ trading platform in Mexico and is utilising the platform to deliver a new automated FX trading service to its clients.
Today, 56% of foreign exchange trading occurs electronically, but by 2010 the proportion will have risen to 75%. Or so claims a new report by consultants Aite Group on the largest and most liquid market in the world.