Spot FX Trading on Thomson Reuters Platforms Drops from 5-mth High – Reuters Oct 6 Daily spot trading volumes on foreign exchange platforms run by Thomson Reuters fell more than 8 percent in September from a month ago, the company said on Tuesday, as some of the volatility created by China’s yuan devaluation waned
SmartStream, Banks, Combine to Create New Reference Data Utility – Profit & Loss The SmartStream Reference Data Utility, informally known as Securities Product Reference Data (Spred), will provide services for instrument reference data normalisation and validation across all asset classes.
FXSpotStream Adds BTMU – Profit & Loss Bank of Tokyo-Mitsubishi UFJ (BTMU) has become the 12th liquidity provider to FX Spotstream’s aggregation service.
Icap Launches New Euro Interest Rate Swap Index – Profit & Loss Icap’s Global Broking business and Icap Information Services (IIS) have launched a new euro interest rate swap index.
CME’s London Foray Lost More Than £5m in 2014 – Financial News (subscription) The London-based exchange launched by futures giant CME Group lost over £5 million in its first year of operation, underlining the difficulties of launching a new marketplace in the region.
Goldman, Morgan Stanley Win Back Hedge Fund Trading Business – Reuters Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis.