To make sure there is always someone on the other end of a sell or buy order, exchanges need constant liquidity. A traditional exchange incentivises such liquidity by rebating those who provide bids and charging those who accept them. This has been the traditional pricing model of exchanges until inverted exchanges arrived. On an inverted […]
This author has yet to write their bio.Meanwhile lets just say that we are proud ChatsworthCommunications contributed a whooping 456 entries.
Entries by ChatsworthCommunications
Over one-third of traders cite ‘best execution’ as their greatest daily trading issue according to a recent report by JP Morgan. The FX industry is looking to all aspects from, exchanges, market infrastructure providers and algorithmic trading to aid them in solving this problem. The report entitled ‘e-trading trends for 2018‘ surveyed over 400 institutional traders to […]
Despite fierce competition, the UK remains at the forefront of the fintech revolution according to the ‘Finance for Fintech’ report, launched recently by London Stock Exchange Group and TheCityUK. The independent survey, carried out by YouGov, interviewed over 400 fintech companies across eight countries, all of which have had at least Series A funding rounds […]
Fintech has barely even got started, if a new report from EY is to be believed. Less than 20% of banks believe they are doing enough as a business to invest in technology, according to EY’s Global Banking Outlook 2018 study.
The cross-border payments industry has seen a revolution in speed and transparency over the past decade or so. A generation of new companies are eyeing the role of incumbents and exploring new technologies such as blockchain to transform existing processes. However, examples of genuine innovation are beginning to emerge amongst both new providers and incumbents. […]
The rapid speeds of modern technology have created the expectation amongst consumers and businesses that payments need to be transferred instantaneously at the push of a button. Global infrastructure provider SWIFT made this a reality this week, with the launch of a real-time payments platform in Australia. The New Payments Platform’s (NPP) financial architecture has […]
China has been attempting to challenge the global hegemony of the dollar with its currency, the renminbi (RMB) for years. The SWIFT RMB Tracker presents a monthly ranking and weighting of the RMB against other currencies in order to track the rate of its internalization. The RMB Tracker shows that the currency accounted for 1.61% […]
Recognising the importance of ending the culture of late payment, two FTSE 100 chairmen have joined the advisory board of Previse, a UK based company which uses artificial intelligence to solve slow payments for the entire supply chain.
SWIFT and seven central securities depositories (CSDs) have signed a Memorandum of Understanding (MOU) to work together to demonstrate how distributed ledger technology could be implemented in post-trade scenarios, such as corporate actions processing, including voting and proxy-voting. The group will investigate the types of new products that can be built using it, and how […]
Technology and regulatory guidance and principles will shape the foreign exchange (FX) market’s structure in 2018, according to David Puth, CEO of CLS, in an exclusive interview with FX Week.
Data analytics and artificial intelligence are changing the face of investment banking. Banks understand that the insights locked away in their transaction and market data are potentially some of their biggest competitive advantages. They already have the raw materials, but MSX® gives them the tools to aggregate and standardise that data and put it to work intelligently.”
Thousands of delegates flew in from around the world to Sibos to network, debate and discuss topical issues relating to business, technology and finance.
CLS’s currency trading volumes saw a significant uptick, as volatility in the foreign exchange (FX) market bounced back in September.
Congratulations to the Mosaic Smart Data team which has been named in this year’s top five fintech companies in the City AM awards.
The Chatsworth team is proud to be supporting SWIFT at SIBOS, the world’s premier financial services conference, exhibition and networking event. What started out as a banking operations seminar in 1978, has grown into the premier business forum for the global financial community to debate and collaborate in the areas of payments, securities, cash management and […]
Experts and regulators to address the new normal in sanctions, counter-terrorist financing, anti-money laundering, fraud, and cyber security Sibos introduces a stellar line-up throughout the Compliance stream at this four-day event in Toronto. Multiple sessions will address the profound impact of the shifting geopolitical, financial crime, and cybersecurity environment. Panel debates and deep-dive sessions will […]
32 FinTech startups have been selected to participate in Sibos. According to figures highlighted by the Toronto Financial Services Alliance (TFSA), Canadian investment activity in the FinTech sector from angel investors, Venture Capitalists (VCs) and corporate VCs increased from US$87.21 million in 2012 to US$367.51 million in 2016. This doesn’t come as a surprise – the […]
Chatsworth stopped by Burberry’s take over of the Old Sessions House, soon to be London’s hottest new club and restaurant venue, near our office in Clerkenwell. The British brand is hosting a photographic exhibition curated by president and chief creative officer Christopher Bailey, entitled ‘Here We Are’, with the accumulated work of over 30 social and documentary […]
R3 CordaCon is the fintech event creating the most FOMO this week. The event in London’s Square Mile is massively oversubscribed due to demand. R3 has brought the largest single group of blockchain-inspired technologists and business leaders together in one forum. They’re coming together in discussions, panels and demonstrations exploring their work on Corda and have focused on […]
One of the most high profile executives from the technology world, Microsoft CEO Satya Nadella, will deliver the closing plenary address on Thursday 19 October.
US banks will have option to connect to The Clearing House’s real-time payments system via SWIFT gateway.
A new report from the Bank for International Settlements (BIS) claims that fintech can improve both financial stability and access to services, but requires significant changes in regulation in order to flourish. This sector has exploded in recent years, with banks, regulators and VCs throwing their weight (and money) behind a huge range of start-ups. […]
So it’s bon voyage to Reuters’ Patrick Graham who is moving to India after almost four years covering the FX market. We also extend a warm welcome Patrick’s colleague Saikat to London, as joins the London FX team from his previous role covering Asian financial markets.
Recent announcements from some of the largest banks show artificial intelligence (AI) working its way further into financial markets.
Cobalt, has closed an investment from Henry Ritchotte, the former Deutsche Bank COO who will also become a member of Cobalt’s strategic advisory board.
The European Central Bank (ECB) has become the latest central bank to endorse the Bank of International Settlements’ (BIS) FX Global Code.
The Bank of England (BoE) announced a framework to open up its interbank payment system to fintech firms. The UK interbank payments landscape is currently dominated by CHAPS, a same-day sterling settlement service used to transfer large amounts between businesses, as well as for property purchases. CHAPS’s central position in the market, processing 92% of […]
SWIFT has just added 22 new members to its Global Payments Innovation (GPI) project. Banks have, for some time, been looking at a way to monitor their intraday payments, global positions, and liquidity exposures more effectively. This is in line with rules set out by the Basel Committee on Banking Supervision (BCBS), which require banks […]
Leading industry trade publication FX Week has announced the winners of its prestigious e-FX Awards, which included two of Chatsworth’s foreign exchange clients. The awards recognise firms from across the foreign exchange industry for their excellence and innovation in the world’s most liquid financial market. Announcing the award winners, FX Week editor Eva Szalay said […]
Small businesses are the backbone of the UK economy, generating some 50% of private sector turnover and employing three out of five private sector workers. However, these businesses are held back by late payments from their large corporate clients. With 60% of SMEs paid late by corporates, businesses are left strapped for cash to meet […]
Chatsworth supports London Tech Week and the vision to create the world’s leading smart city.
Chatsworth is proud to have played our part in the promotion of the FX Global Code through our work with CLS and its CEO David Puth – Chairman of the BIS’s Market Participants Group and one of the principal authors of the code.
We are delighted to announce that Chatsworth client R3 has secured one of the largest ever Series A investments in the global fintech industry, raising USD 107 million from over 40 institutions across the globe.