FX Markets - 10 Sep 2018
Articles in this issue
Cartel lawyers zoom in on government witness
They claim their clients are entitled to understand precisely what the government did to mitigate such risks for its witness
NatWest bids for order-book management business
The UK dealer's frosted glassbox serves as segregated order execution desk for fixings and stop losses
Bogucki lawyers subpoena HP’s trading data
Effort comes after the court denies another attempt to dismiss the superseding indictment against Bogucki
Hold times collapse on EBS Direct as LPs cut last look
Hold times down 67% and reject rates drop to 3.15%, as FX Global Code of Conduct forces liquidity providers to step away from last look
Edgewater launches Latam FX venue
LatamFX.Pro will aid price discovery in the Mexican, Chilean, Colombian and Argentine peso, the Brazilian real and Peruvian sol
Platform volumes up in August amid EM woes
Trading was higher than in the same period of 2017, with the euro and some emerging market currencies hitting yearly lows
FXall launches analytics tool
FXall launches the Trade Performance Analytics tool, which will be rolled out on other Thomson Reuters platforms in future
Lalo swaps Deutsche Bank for Avalon
Christophe Lalo was head of currency overlay services at Deutsche’s global investment solutions unit for four years
Daniels to join Nomura in e-FX sales
Ian Daniels is a former head of e-FX sales at NatWest Markets
Sargeant joins Cürex London
Glen Sargeant is responsible for developing customer relationships throughout the UK and Europe
Mateus joins Societe Generale in Paris
Alexandre Mateus joins Societe Generale as G10 FX spot trader, based in Paris
Gkionakis moves to Lombard Odier
Vasileios Gkionakis turns to private banking after seven years on the sell side
Correia becomes ACI’s new education director
Rui Correia steps into the post, following the passing of Paul Chappell
Hooker to join Capitolis
Darryl Hooker, former co-head of EBS BrokerTec Markets, is set to join Gil Mandelzis-led Capitolis as a consultant
Sabia joins Wells Fargo
Robert Sabia joins the spot FX desk in San Francisco
Central bankers continue to struggle with crypto
Uncertainty around the assets’ use and regulation calls for further research, debate finds
Citi launches ‘E For Education’ campaign for sixth year
The US bank includes a broader range of electronically traded products and new partners this time
Thomson Reuters launches SI reporting service
The solution provides market participants with data, analytics and reporting tools if they qualify as systematic internalisers
Pound will benefit from positive Brexit news, says Monex
Sterling likely to recover if no-deal risk is removed