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BNP Paribas partners with MGI to launch AI FX index

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

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

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...