United Kingdom (UK)
Calypso taps Bouillard as chief executive
Didier Bouillard joins from Ullink
JP Morgan invests in AccessFintech
The risk management services firm, led by Roy Saadon, will work with the bank to test its technology
FX volumes dip in March
But trading activity on most platforms remains strong year on year
CloudMargin secures $10m to fund growth
Provider of collateral and margin management deepens relationship with IHS Markit
Gain Capital expands cryptocurrency offering
Customers can trade the digital coin against the euro, pound and Australian dollar
Deutsche Bank commits to FX Global Code
The latest top FX dealer to support the principles aimed at improving standards in currency markets
US seeks seven-year minimum prison term for Mark Johnson
Defence disputes whether Cairn Energy suffered a loss as a result of Johnson’s misconduct
Stater Global Markets broadens trading venue choice
Clients can now access liquidity from Cboe and FastMatch
Mitsui & Co begins settling trades through CLS
It is the first Japanese corporate to join the service via third-party access
Currency movements helped US and Latam investors in 2017
A new report from Natixis shows a weaker dollar helped investors outperform their European peers
TriReduce CLS FX expands compression service to third parties
All market participants can now take advantage of the compression benefits
Traders still haunted by liquidity mirages in FX
Market participants’ ability to execute on stable and firm prices is essential for achieving best execution
Barker joins Sucden Financial
Darren Barker was previously at RJ O’Brien, which closed its FX business earlier this year
Guganeswaran and Burrell leave Citadel
They worked together at the hedge fund and at Barclays
Renminbi’s share of global payments slides in February
It falls two places to become the seventh most-used currency for global payments, according to Swift
UK corporates lose out as sterling slides, study says
Importing firms see average profit loss of 12% following Brexit vote, finds Western Union
BoE: reasonable to expect passporting rights until 2020
Firms operating under current passporting regime can expect to continue activities until at least the end of the new implementation period
Lawyers in cartel case argue against antitrust accusations
Depending on the type of relationship, the Sherman Act may or may not apply
Sterling’s prospects on the up, says Saxo Bank
The positive outcome from the latest round of Brexit negotiations and the BoE's hawkish bias should support the pound
Antitrust attorneys prepare to depose UK traders
Despite the court extending a partial stay on depositions until June 8, lawyers have been granted access to interview some UK-based people
Salmon exits GFXC and BoE for private-sector opportunity
Federal Reserve Bank of New York’s Simon Potter will act as interim chair with immediate effect
Fotheringhame wins Barclays employment claim
Former managing director unfairly dismissed in relation to last look, UK court finds
US presses for tougher sentence for Mark Johnson
DoJ wants profits made by Frank Cahill’s trading activity to be factored into Johnson’s sentence
BIS warns of virtual currency risks
CBDCs could have an impact on global financial stability, and large demand could force central banks into risky assets, new report says