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BNP Paribas partners with MGI to launch AI FX index

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BNP Paribas has partnered with Millennium Global Investments (MGI) to launch BNP Paribas MGI Systematic Currency Alpha Index, a foreign exchange index that works...

IHS Markit teams with blockchain start-up Cobalt

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IHS Markit has partnered up with Cobalt by taking a minority stake in the foreign exchange tech firm to develop a blockchain-based post-trade processing...

HSBC settles $250b of FX transactions using DLT

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HSBC has announced that it used distributed ledger technology to settle more than three million foreign exchange transactions using ledger technology. Richard Bibbey, interim global...