FX Markets - 10 Jun 2019
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Articles in this issue
FXPBs over-allocating credit to algo and high-speed trading
Thinly capitalised trading firms are an accident waiting to happen while dealings on multiple venues make credit limits hard to set, claim market participants
Clearing to become cheaper alternative to PB for most clients
IDX panel says it’s doubtful FX will ever see a clearing mandate
Stater to withdraw from prime-of-prime
Launched in 2016, Stater Global Markets has focused on smaller hedge funds and retail brokers
StanChart to become third bank to set up Singapore pricing engine
UK bank’s e-FX pricing engine in 2020 could consolidate Singapore’s position as Asia’s FX centre
Swiss regulator hunts for hints in Credit Suisse FX probe
Five banks fined, two acquitted as Comco closes market-rigging probes
Buy side said to target sell side with Code compliance
Two years in, buy-side participation remains low, as some cite barriers to adoption of conduct principles
Tradepoint hires e-trading professional Dias-Patel from JP Morgan
Several more appointments planned to support expansion of new London office
CloudMargin taps TriOptima’s Connolly for CEO
Stuart Connolly, who served as TriOptima group CEO since 2017, will take over from Steve Husk
Credit Suisse adds Tretola and Osterman to FX team
Bank says recent hires signal ongoing investment in FX platform and strategic importance of markets franchise
Paul Lonsdale retires from 360T
Liquidity manager spent nine years at Lucid Markets, one of the world’s first non-bank market-makers
Former TradAir CEO founds Neural Engines
Virat Tolat was CTO at Integral for 19 years earlier in his career
Tandon joins Barclays’ EM options team
Options expert joins from BofA Securities where he traded EM products
Zimbabwe reaches IMF agreement to deal with currency crisis
‘RTGS dollar’ will be supported by advice from IMF programme
Riksbank opens procurement for development of e-krona
Central bank intends to commission platform for electronic central bank payments in 2020
Regulators must do more to assess risk of crypto assets, says FSB
FSB members differ on how to tackle international co-ordination
Swissquote: discount short-term news, focus on central bank policy
Markets search for direction as trade tension lingers and central banks move back into spotlight