Sumitomo Mitsui Banking Corp. (SMBC) is a new liquidity provider of SGX FX, an Asian FX Futures exchange, and the partnership is intended to improve the liquidity and depth of SGX FX’s offerings and to help traders and investors with greater access to Japan’s financial markets, officials say. The partnership will provide access to SMBC’s… Read More >>
SWIFT Says FX Ops Needs ISO 20022
Financial services messaging consortium SWIFT is calling for the increased automation of foreign exchange (FX) transactions via more standards that will ease data exchanges and will facilitate the nirvana of straight through processing (STP). “By removing barriers to exchange, standards always increase the amount of business done,” according to “The Value of Standards in the… Read More >>
