Citi Sets September Migration Deadline for Velocity

Dan Osborne, New York-based director of FX electronic commerce, says that more than 90 percent of users have already been transferred over. The process of moving clients to Velocity began in mid-January. The platform officially launched two months later.

Osborne says that clients yet to make the move are those who had to complete straight-through processing (STP) projects prior to integration with Velocity, or had requested changes to the offering. "These changes included adding a print ticket

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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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