High-Frequency Trading Raises Post-Trade Stakes in FX

Post-trade functions will become more important in foreign exchange (FX) trading operations as the FX market evolves through greater use of high-frequency trading, according to participants who attended the FX Week USA conference sponsored by Incisive Media.

"Processing trades faster is essential to enhance the flows that are coming," says Jill Sigelbaum, executive vice president, global bank sales and alliances, at post-trade technology processing provider Traiana, who spoke on a conference

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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