Integral Development Corp., a Mountain View, Calif., provider of FX trading solutions and services, says it has launched FX Cloud, a set of services that support the full foreign exchange trading lifecycle. According to Integral, FX Cloud will give FX market participants the tools they need. FX Cloud, which is built around Integral’s connectivity and trading network, FX Grid, includes a trade repository, real-time and historical data, analytical services, storage and algo hosting services. Integral says some services will be free and others will be fee-based.
Travelex Global Business Payments says its business customers can now trade in Chinese renminbi through Travelex’s GEO Global Clearing Network, which consists of Travelex-owned bank accounts in more than 70 countries. Travelex says the ability to trade directly with authorized Chinese companies will help customers mitigate foreign exchange risks.