News Nuggets | 8 August: Tradeweb Introduces FX Swap Workflow; Nagakura Joins 26 Degrees

<p>Tradeweb and LSEG's FXall
Introduce FX Swap Workflow</p><p>Tradeweb
Markets Inc. in collaboration with LSEG's <a href="https://www.financemagnates.com/tag/fxall/" target="_blank" rel="follow">FXall platform</a> for global currency
products has unveiled an innovative FX Swap Workflow. This digital solution
aims to streamline the trading process in local currency, emerging markets
bonds and FX <a href="https://www.financemagnates.com/terms/s/swaps/">swaps</a>, offering users greater transparency and efficiency.</p><p>"Facilitating
the connection of our EM bond marketplace with FXall's liquidity pool provides
buy-side traders with access to enhanced and efficient local currency EM
trading workflows," Enrico Bruni, the Head of Europe and Asia Business at Tradeweb,
commented. </p><p>"Clients
trading EM products can now take advantage of markets that are increasingly
interlinked, while also benefitting from seamless execution and STP. This
latest innovation underpins our commitment to creating solutions that cater to
the needs of our EM clients, and help them move risk more efficiently,"
Bruni added.</p><p>Hiroaki Nagakura Has Become Head of 26
Degrees Prime Services</p><p>26 Degrees
Global Markets welcomes Hiroaki Nagakura as Japan's new Head of Prime
Services. Nagakura, a veteran in the <a href="https://www.financemagnates.com/tag/fx/" target="_blank" rel="follow">FX industry</a> with over 30 years of
experience, was previously at Rakuten Securities Inc. </p><p>The CEO, Gavin
White expressed excitement over Nagakura's appointment and its potential for
the company's future endeavors.</p><p>"With
such deep experience in multiple senior roles at some of the largest brokerages
globally, we are very excited to welcome Nagakura-San to the team. 26 Degrees
Global Markets' ability to attract top talent such as Nagakura-San speaks
volumes to the growth we have experienced over the past decade, and the great
opportunities that lie ahead for our powerhouse team, one of those being the
Japanese brokerage market," White added.</p><p>LiteFinance's Homepage
Redesign</p><p><a href="https://www.financemagnates.com/tag/litefinance/" target="_blank" rel="follow">LiteFinance
</a>has unveiled a refreshed look for its homepage aimed at enhancing user experience.
The team plans on improving the website to ensure its timeliness and
efficiency in addressing client needs.</p><p>A
screenshot of the revamped homepage is available below:</p><p>cTrader Mobile 4.7 Release
Highlights</p><p><a href="https://www.financemagnates.com/tag/ctrader/" target="_blank" rel="follow">cTrader
Mobile</a> has released its 4.7 version, featuring a dark theme for Android users
and several improvements to its cTrader Copy functionality. The update provides
detailed information on open and closed positions and offers enhanced insights
into different copy strategies. Users can download this updated version from
their respective app stores.</p><p>FCA Warns against
GRANDFXOPTION</p><p>The
Financial Conduct Authority (<a href="https://www.financemagnates.com/tag/fca/" target="_blank" rel="follow">FCA</a>) has warned against GRANDFXOPTION. According to
the financial market watchdog, the company may be offering financial services
without proper authorization. </p><p>Those
interacting with the firm will not have access to the Financial Ombudsman
Service for complaints. It is important to be cautious, as unauthorized firms
can provide false contact details and appear legitimate by mimicking other
entities.</p><p>ASL and Finastra
Strengthen Fintech Presence in Hong Kong</p><p>Automated
Systems Holdings Limited (ASL) has entered into an exclusive partnership with
global financial software provider, <a href="https://www.financemagnates.com/tag/finastra/" target="_blank" rel="follow">Finastra</a>. ASL is now the sole service
provider of Finastra's Kondor solution in Hong Kong and Macau. This alliance is
set to solidify ASL's position in the fintech sector, capitalizing on pro-fintech
policies and strategies in the region.</p><p>"Industry
focus has been a pivotal business strategy for ASL. This partnership not only
enhances our unified service in the <a href="https://www.financemagnates.com/terms/f/fintech/">fintech</a> sector but also lays a solid
foundation for providing industry-as-a-service," Wang Yueou, the Executive
Director and Chief Executive Officer of Automated Systems Holdings Limited, commented.</p><p>UBS's Strategic Retention
of Credit Suisse Bankers</p><p><a href="https://www.financemagnates.com/tag/ubs/" target="_blank" rel="follow">UBS Group
AG</a> is capitalizing on its takeover of Credit Suisse by retaining 12 of its
bankers to spearhead its global banking endeavors in the Americas. This move is
expected to help UBS intensify its competition with Wall Street rivals,
leveraging Credit Suisse's longstanding history and influence in the US.</p><p>Vienna Stock Exchange Data
on TradingView</p><p><a href="https://www.financemagnates.com/tag/tradingview/" target="_blank" rel="follow">TradingView</a>
has added the Vienna Stock Exchange to its list of data providers. With a
history spanning over 250 years, the exchange continues to be a significant
player, offering a myriad of financial instruments and supporting several
European exchanges.</p><p>"Data
from the Vienna Stock Exchange is accessible on TradingView: open the symbol
search, type in the 'VIE:' prefix, and see all the stocks, indices, funds,
bonds, depositary receipts, and warrants available for analysis," the
company stated in the press release.</p>

This article was written by Finance Magnates Staff at www.financemagnates.com.