ICE to Buy FastMatch? – Profit & Loss (free story)
Intercontinental Exchange (ICE) may be close to concluding a deal to buy FastMatch. Sources indicate that a deal is being prepared that would see ICE buy out all three owners of the ECN.
CME and Deutsche Börse Join Blockchain Gang – Financial News (subscription)
Derivatives giant CME Group, Deutsche Börse, Depository Trust & Clearing Corp., EuroCCP, and data provider Markit have joined the growing ranks of industry players looking at distributed ledger technology.
Barclays to Cut 30,000 Jobs in Two-Year Drive to Reduce Costs – The Times (subscription)
Job cuts are likely to affect staff at middle and back office operations, where largest savings are achieved.
Currenex to Launch London Matching Engine and Move to NY6 in US – Profit & Loss (free story)
Currenex plans to launch a matching engine in London and is moving its matching engine in New Jersey into the Equinix NY6 data centre in New York.
Thomson Reuters Launches Data Visualisation App for FX Traders – Profit & Loss (free story)
Thomson Reuters has launched a new application on its Eikon desktop that provides useful information for traders to more quickly isolate value opportunities in the currency markets.
FXCM Reports Volume Increase in June – Profit & Loss (free story)
FXCM has reported that its institutional and retail trading volumes for the month of June were up year-on-year by 0.4% and 43% respectively.
Symphony’s Wall Street Messaging System Aims to Widen Reach – Reuters
Symphony Communication Services, a Wall Street-backed messaging and information start up, is about to start offering its product more widely. The company, which has more than 30,000 users in a “beta” version of its product, will roll out a new interface and iPhone application for them on Monday.