Trading & Execution

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Glue42 releases Enterprise 3.12

Glue42 releases Enterprise 3.12

Glue42 has released new functionality to help firms bring an optimal trading experience and efficient operation in days versus weeks. The new release, Glue42 Enterprise 3.12, focuses less on individual applications and extends the workspace concept with an enterprise store that allows users to search for business solutions with best outcomes. 

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Changes to FX Global Code settlement risk principles on payment-versus-payment and netting welcomed by CLS

Changes to FX Global Code settlement risk principles on payment-versus-payment and netting welcomed by CLS

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, welcomes changes to the FX Global Code (the Code) which place greater emphasis on the use of payment-versus-payment (PvP) settlement mechanisms where available, and provide more detailed guidance on the management of settlement risk where PvP settlement is not used.