Works Starts on a CHF Stablecoin
With the rest of the world (slowly) seeking to eat into the dollar’s absolute dominance of the stablecoin market, a… Read More »
With the rest of the world (slowly) seeking to eat into the dollar’s absolute dominance of the stablecoin market, a… Read More »
A consortium of six banks, Bank of America, Barclays, Citi, HSBC, UBS and Wells Fargo, have jointly committed to making… Read More »
Intraday liquidity management platform Finteum says it has breached the $1 billion per week threshold in weekly intraday FX swap… Read More »
Siege FX, the operator of a mid-matching service for spot, has announced that it raised £7 million in a series… Read More »
UBS says it has partnered with DigiFT to complete what it says is the first-ever subscription and redemption request of… Read More »
A group of 11 banks, existing customers of LSEG, have agreed to cede part of a surplus revenue share agreement… Read More »
Our first mention of UBS in the Full FX Awards means we should provide an overview of what has been… Read More »
As someone who has taken the, ahem, ‘occasional’ loss in his time, I find myself irritated by a report that… Read More »
Payment technology provider Fnality has unveiled the Sterling Fnality Payment System (£FnPS), a new process that brings programmability and conditionality… Read More »
The Bank of New York Mellon says it has successfully piloted the first intraday repo trade settled through its triparty… Read More »
Capitolis has received a vote of confidence from some of its clients with news that two more existing users of… Read More »
UBS and CIBC have settled the world’s first intraday FX swap to be executed on a regulated venue. The EUR/USD… Read More »
The Swiss National Bank (SNB) has announced that on 1 December 2023, it will launch phase III of Project Helvetia,… Read More »
Finteum says that “several” banks have progressed with its platform integration work ahead of going live with the system, which… Read More »
The UK Court of Appeal has overturned an earlier decision by the country’s Competition Appeals Tribunal and allowed a class… Read More »
Bangkok Bank’s Hong Kong branch has become the first Thai bank to access CLS Settlement as a third-party participant, via… Read More »
UBS has agreed to buy Credit Suisse in a move to shore up the global banking system as much as… Read More »
First Abu Dhabi Bank (FAB) and UBS have gone live on CLS’s bilateral payment netting calculation service for over 120… Read More »
The US Commodity Futures Trading Commission (CFTC) and Securities Exchange Commission (SEC) have collectively fined 11 financial institutions over $1.8… Read More »
CLS has unveiled Chong Hing Bank as the second Chinese bank to access CLS Settlement as a third-party participant via… Read More »
The 2022 UBS Global Family Office Report, which surveys 221 single family offices around the world, finds that digital transformation… Read More »
UBS has launched UBS Circle One, a new digital platform that the bank says brings the best of its global… Read More »
Fifth Third Bank has now gained access CLS Settlement as a third-party participant with UBS, a CLS settlement member, providing… Read More »
A consortium led by fintech iCapital has been unveiled to develop a distributed ledger technology (DLT) solution for the alternative… Read More »
UBS (China), the wholly-owned bank subsidiary of UBS in China, has established a new team to offer focused coverage of… Read More »
The Bank for International Settlements (BIS) says it has, with the Swiss National Bank (SNB), Six Digital Exchange and five… Read More »
The European Commission has announced sanctions against five banks for their collusion in G10 spot FX markets.
The US Commodity Futures Trading Commission (CFTC) has fined UBS $500,000 for an error that saw over 1,000 of audio… Read More »
In the third and final instalment of the podcast series with the recently retired Lee Oliver, he and Colin Lambert… Read More »
CLS says a working group of 12 settlement members with global operations is participating in a pilot to evaluate potential… Read More »
Market sources say that Sally Francis-Cole is joining LSEG’s Refinitiv in London as global head of FX sales and account… Read More »
UBS has joined Broadridge Financial Solutions’ distributed ledger repo (DLR) platform, which allows market participants to agree, execute and settle… Read More »
FlexTrade’s order management system (OMS) has been selected by UBS Execution Hub for its core platform. UBS Execution Hub taps… Read More »
A class action lawsuit against a group of banks for alleged manipulation of FX markets moves a stage further this… Read More »
The European Commission has fined a second group of banks over claims they operated a bond trading cartel that manipulated… Read More »
Outsourcing has been a big topic in FX markets for many years, although over that period the conversation has taken… Read More »