ICAP looks to blockchain for FX trades


ICAP, a UK-based financial services firm, is jumping on the bandwagon and getting ready to process foreign exchange (FX) trades on blockchain, according to the Financial Times. As Banking Technology reported earlier this year, ICAP’s post trade risk and information division completed a proof of technology test case for blockchain – so its interest is […]

Bloomberg and Traiana to automate post-trade for FX options

Traiana and Bloomberg are targeting post-trade costs in FX

Post-trade processing company Bloomberg STP Solutions and post-trade and risk specialist Traiana have begun a joint effort to develop a straight-through processing infrastructure for FX options. The partners say it will help to reduce post-trade costs for market participants, which have typically remained higher than execution costs.

EMIR trade reporting deadline takes effect – but where are the standards?


New European rules that require banks, brokers and clients to report their daily market positions and collateral values to trade repositories came into effect yesterday. But European regulator ESMA made no clarification about models, leaving the question of how to report up to the market. That could cause problems, market participants have warned.

Traiana expands SEF credit checking features on CreditLink

FIX Trading Community hopes to resolve the competing standards for TCA

Pre-trade risk and post-trade processing specialist Traiana has launched a new version of its CreditLink tool for credit derivatives, which it says will help buy-side firms to trade on swap execution facilities.

Traiana connects four trade repositories as EMIR deadline approaches

Traiana will connect to four trade repositories in preparation for EMIR next month

Post-trade services company Traiana plans to connect to four trade repositories in preparation for the European Commission’s EMIR legislation, which requires trade reporting and clearing of OTC derivatives.

First trades on LCH.Clearnet FX platform use Traiana CCP link

LSE paternoster square

LCH.Clearnet’s ForexClear service has cleared its first trades through a partnership with pre-trade risk and post-trade processing company Traiana, which matched and affirmed the FX derivative client trades using its Harmony CCOP Connect service.

LSE’s Guy Eden joins Traiana

Guy Eden Traiana

Risk and post-trade processing specialist firm Traiana has appointed Guy Eden, formerly of the London Stock Exchange, as head of product management.

Traiana swap data repository targets Dodd-Frank, EMIR compliance

Traiana: Harmony will act as a hub for OTC derivatives reporting

Post-trade services company Traiana has opened its Swap Data Repository Service, Harmony TR Connect, for OTC derivatives – providing a tool for market participants to comply with US Dodd-Frank legislation on trade reporting.

Banks boost ICAP’s Traiana with $36 million investment

Traiana has helped boost the foreign exchange industry in recent years, say user banks

Interdealer broker ICAP has raised $36 million through the sale of a 12% stake in its Traiana post-trade processing and risk management business to a consortium of banks – Bank of America Merrill Lynch, Barclays, Citi, Deutsche Bank, JP Morgan, Nomura, and the Royal Bank of Scotland.

ICE sets out “streamlined” OTC FX clearing service with Traiana

US exchange ICE says its deal with Traiana will provide efficient clearing for OTC FX instruments

Market participants will soon be able to benefit from simplified clearing of OTC FX contracts, following a deal between IntercontinentalExchange and post-trade services company Traiana.