Entries by ChatsworthCommunications

Pragma Securities named Best Algorithmic Trading Technology Provider of the Year at FX Week’s e-FX Awards 2019

Pragma Securities has been named ‘Best Algorithmic Trading Technology Provider of the year’ at FX Week’s e-FX awards, which took place on 11th July in New York. Hosted by FX Week, these awards recognise excellence in electronic Foreign Exchange. Pragma’s multi-asset broker-neutral algorithmic (algo) execution platform, Pragma360, is leveraged by large banks and brokers to […]

FX Operations and Credit: Hampering Liquidity, Raising Costs (White Paper)

The FX market currently looks like the ultimate mismatch. Front office processes have been transformed to accommodate the realities of electronic trading – operations and credit haven’t. This is acting as a drag on FX liquidity, as well as imposing an enormous cost burden: ~£20bn per year for the top global investment banks and buy-side […]

FXCM Adds ForexBaskets to its Retail Offering

FXCM announced today the introduction of foreign exchange baskets to its retail customers. A foreign exchange or forex basket is comprised of a mix of several currencies, each initially starting with the same equivalent value. It allows traders to buy or sell a base currency, e.g. USD, against a basket of multiple currencies. The value […]

Five more banks and financial institutions join the Trade Finance Distribution Initiative

Commonwealth Bank of Australia (CBA), ABN Amro, London Forfaiting Company, Crown Agents Bank and Natixis have joined the Trade Finance Distribution Initiative (TFD Initiative). They join ANZ, Crédit Agricole CIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation as members. The TFD Initiative is an industry-wide […]

Renowned Professor, Rama Cont, joins Mosaic Smart Data as Scientific Advisor

Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has appointed Oxford University Professor of Mathematical Finance, Rama Cont, as Scientific Advisor. Professor Cont’s role will be to help Mosaic Smart Data utilise the latest academic quantitative finance research in the development of its machine learning, artificial intelligence and data analytics capabilities. Professor […]

TraditionDATA named Best Market Data Newcomer at Inside Market Data Awards 2019

TraditionDATA has been named ‘Best Market Data Newcomer’ at the Inside Market Data Awards, which took place on 21st May in New York. Hosted by Inside Market Data and Inside Reference Data, these awards recognize industry excellence within market data, reference data and enterprise data management. TraditionDATA was set up following a comprehensive re-structuring of […]

A new drive has launched to develop multi-trillion dollar trade as an asset class

Fourteen leading global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets. ANZ, Crédit Agricole CIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation are among the banks backing the Trade Finance Distribution Initiative (TFD Initiative). […]

Cobalt strengthens team as it moves ahead to re-engineer the FX market

Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high performance technology, has hired five experienced professionals to lead its drive to re-engineer the FX market. Post-trade FX is currently riddled with complex legacy systems and manual processes, creating unnecessary cost and risk across the market. The new hires bring a wealth of FX […]

Briefing: FX, the world’s largest and most liquid financial market

The foreign exchange (FX) industry is now emerging from a difficult period of scandal. Following the resulting increased scrutiny, which culminated in the creation of the FX Global Code, the global USD5 trillion-a-day market finds itself at a crossroads. The Code’s efficacy is yet to be tested, but adoption continues and is strong. Why does […]

Crisis public relations and issues management

When it gets stormy, Chatsworth’s special situations service helps protect and enhance your reputation, ensuring we tell your side of the story and mitigating potentially negative news which could impact your reputation. Our team has decades of experience advising organisations and individuals with intelligence and discretion.  Working with full confidentiality, Chatsworth delivers strategic and tactical […]

Trad-X wins OTC trading platform at Risk Awards 2019

Trad-X, the market-leading platform for global interest rate derivatives, has been named OTC trading platform of the year at the Risk Awards 2019, which took place in London last night (November 27). The Risk Awards are the longest-running and most prestigious awards for firms and individuals involved in the global derivatives markets and in risk […]

ACI FMA teams with Interarab Cambist Association for FX Global Code

ACI – The Financial Markets Association (ACI FMA), has teamed up with the Interarab Cambist Association (ICA) to promote the FX Global Code amongst financial institutions in the Middle East and Africa. The ICA is a trade association representing professionals working at banks and financial institutions across the Middle East and Africa. Established in 1972, […]