Latest Forex News

Pragma adds NDFs to algo trading platform

Pragma, a multi-asset quantitative trading technology provider, has expanded its algorithmic (algo) trading platform, Pragma360, to include non-deliverable forwards (NDFs). NDFs are a key instrument for traders looking to access emerging market more

FX Global Code released

A global code of conduct for the wholesale foreign exchange (FX) market has been released in London. The FX Global Code establishes a common set of guidelines for good practice in the FX market, a vital part of the global financial system with turnover of more than $5 trillion a day. The guidelines, developed by the central bank Foreign Exchange Working Group (FXWG) in partnership with a private sector Market Participants Group, aim for a robust, fair, liquid, open, and appropriately transparent global FX marketplace. Their release completes a two-year effort by the FXWG, working under the auspices of the Markets Committee of the Bank for International Settlements. more

Plugit Apps makes their brokerage solutions MetaTrader 5 compatible

After the successful release of the MetaTrader 5 MAMM solution, the Plugit Apps integrator company decided to extend their portfolio of products for brokers already using the new-generation platform. more

Broadway CEO Tyler Moeller and CTO Joshua Walsky named among Trading Tech 40 more

FlexTrade wins best FX Trading Platform Technology award more

Invast Global named Best Specialist Prime Broker at the 2017 HedgeWeek Global Awards more

OTC Exchange Network appoints Drew Rasmussen as CTO more

Chauncey Boreham joins CFH Clearing more

Sucden Financial to enhance non-bank FX PB service more

FXecosystem offers speedy set up of Virtual Private Servers more

Stater Global Markets announces technology partnerships and new products more

IS Prime launches Index Swaps more

Gold-i launches MAM Pro for MT5 more

Colt to launch high-bandwidth services in Hong Kong more

360T launches ECN more

Swissquote introduces VR trading app more

Seabury Global Markets selected by BYFX more

New integration of the InterTrader service by PFSOFT more

Bloomberg launches Canadian FX benchmark rates more

GTX launches London, Tokyo Matching Engines more

EBS speeds up Live Ultra data feed more

FXSpotStream launches NDF and NDS trading more

CLS and TriOptima compress USD 1 trillion in FX forwards and swaps more

GTX to launch ECN Matching Engine in Tokyo

e-FOREX talks with GTX CEO Vincent Sangiovanni about the planned launch of a new ECN Matching Engine in the key Equinix TY3 data center in more

Bloomberg launches NDF executable streaming on FXGO

Bloomberg has announced the release of its executable streaming for non-deliverable forwards (NDFs) on FXGO, its global foreign exchange trading platform. more

FastMatch offers algorithms and TCA

FastMatch, Inc. has announced that its proprietary algorithmic and transaction cost analysis (TCA) services will be available to all subscribers. more

GAIN Capital launches

GAIN Capital Holdings Inc.has announced the Beta launch of, its new international money transfer service, in the UK more

CFH Group acquired by Playtech Plc

CFH Group has been acquired by Playtech for up to 120m USD over three more

FXecosystem announces regional HQ in Singapore

FXecosystem has expanded in Asia, with the opening of its regional headquarters in Singapore and a Point of Presence (POP) in the prestigious SG1 and HK1 Equinix datacentres in Singapore and Hong Kong. more

Stater Global Markets appoints team to spearhead growth

Stater Global Markets, the London-based Prime of Prime brokerage founded by Ramy Soliman, has appointed an experienced team to help the organisation achieve its ambitious global growth plans. more

Solid FX enhances algorithmic solutions suite

Last year, Solid FX has expanded its team significantly to raise the bar of its proprietary ECN even more

ThinkLiquidity introduces Transaction Scoring System

ThinkLiquidity has announced the launch of a transaction scoring system featured in its new web application more

SBI Liquidity Market grows its smartTrade implementation

smartTrade Technologies has announced that SBI Liquidity Market, a leading Japanese FX infrastructure solution and liquidity provider has complemented its FX platform based upon smartTrade’s LiquidityFX, with smartTrade’s pricing and distribution modules. more

Portware Releases V6.4 of the Thinking Multi-Asset EMS

Portware has announced upgrades to its execution management system (EMS), Portware more

Beeks partners with Nissan Securities

Beeks Financial Cloud Ltd has launched a strategic partnership with Nissan Securities to help extend connectivity capabilities to Nissan’s more

Blockchain News

OTC Exchange Network joins the FIX Trading Community

OTC Exchange Network ("OTCXN"), an institutional trading network and infrastructure provider utilizing blockchain technologies, is now a member of the FIX Trading Community.  CEO Rosario M. Ingargiola has also been named to the Digital Currency & Blockchain Working Group. more

JFD Brokers offers new trading product:Bitcoin

Leading forex and CFDs brokerage JFD Brokers has launched a new trading product, offering clients the opportunity to capitalise on the recent Bitcoin trend, while benefiting from the brokerage’s excellent trading more

OTC Exchange Network joins the Chamber of Digital Commerce

OTC Exchange Network ("OTCXN"), an institutional trading network and infrastructure provider utilizing blockchain technologies, is now a member of the world’s leading trade association representing the blockchain industry. more

OTC Exchange Network appoints Drew Rasmussen as CTO

OTC Exchange Network ("OTCXN"), an institutional trading network and technology provider focused on using Blockchain technologies to solve the biggest problems in the largest markets in the world, has announced that it has appointed Drew Rasmussen as Chief Technology Officer (CTO) of the company. more

Wall Street Blockchain Alliance adds OTC Exchange Network as corporate member

The Wall Street BlockchainAlliance (WSBA), has announced that OTC Exchange Network (OTCXN) has joined the organization as a corporate member. OTCXN is utilizing blockchain technologies and smart contracts for its peer-­‐to-­‐peer trading network, which will launch initially for the global foreign exchange market. more

South Korea’s startup blockchain

News just in from the Korean Stock Exchange, which has launched the Korean Startup Market (KSM) to enable OTC trading in the equity shares of startup companies. The aim is to support the funding of “promising” startups, and to facilitate M&A activity. more

Mobile BTC/INR trading in India

Bangalore-based Unocoin has launched a mobile app, for both iOS and Android devices, that gives customers 24/7 access to real-time Bitcoin market prices and instantaneous more

Bitcoin in Japan – it’s an insured thing

Tokyo-based Mitsui Sumitomo Insurance is planning an insurance policy to protect Bitcoin exchanges and their customers. Coverage from 10 million to 1 billion yen will be offered against losses due to cyberattacks and other unauthorized access, as well as “mistakes and impropriety by employees” more

Going Deutsche on new technologies

Deutsche Bundesbank and Deutsche Börse have announced a joint “conceptual study” into the viability of blockchain technology for financial transactions. First stage in the study was the development of a functional prototype for the blockchain technology-based settlement of securities. more


Egalitarian internet innovator Rakuten, which is based in Tokyo, Japan, has just opened the Rakuten Blockchain Lab (RBL) – in Belfast, UK. Why? Stephen McNamara, chief technology offi cer, RBL, says: “There is a very strong engineering community here in Belfast and the lab will contribute to and benefit from the ferment of creative energy that exists more


Lykke, the Swiss start-up engaged in building a blockchain-based FX/asset marketplace (see eForex January 2016), has been granted a broker licence, its fi rst, by the Vanuatu Financial Services Commission. more

Buenos Aires

Smart-contract platform RSK has brought together a number of Bitcoin exchanges and companies in support of the RSK Federation, which aims “to run smart contracts secured by the Bitcoin network”. more

United Arab Emirates

Dubai’s Global Blockchain Council GBC, formed in February this year, has announced seven pilot projects. These include Operation Kimberly, which aims to modernise the verification process for diamond trading, thus combating the trade in blood diamonds, and the Trade Flow project, which “looks to provide digital transaction services using the blockchain, as well as reducing costs, increasing security and providing superfast services to users” more


Increased complexity in Singapore’s payments infrastructure, alongside some regulatory overlap, has prompted the Monetary Authority of Singapore (MAS) to propose a new regulatory framework for payment providers. more


SBI Ripple Asia has announced the formation of a consortium of 15 Japanese banks that will network together to use Ripple’s technology for payments and settlement. The consortium’s new payments platform will “enable round the-clock settlement at a significant savings to both banks and consumers”. more