GFI Wins RBC, Readies Credit Tool

DATA DISPLAY AND ANALYTICS

RBC Capital Markets, the corporate and investment banking unit of RBC Financial Group, is rolling out GFI Group’s Fenics foreign exchange pricing and analytics product, officials announced last week. GFI is also preparing to launch a version of Fenics for the credit market in February.

RBC has completed the rollout of Fenics in London and Toronto and expects to go live at up to four other sites this quarter, says James Watson, global head of sales at GFI. About 50 traders and salespeople will be

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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