FX Markets - 20 Jan 2020
Articles in this issue
Trading venues decry disruptors as MTF battle heats up
Unregulated tech vendors accused of operating as de facto venues; claim dismissed as “entirely outrageous”
Chile unexpectedly halts FX interventions
In December, interventions helped peso appreciate, but it has resumed downward trend
Economists call for action on risk of dollar liquidity crunch
Credit to non-banks and currency mismatches have grown while oversight is “fragmented”, report warns
PBoC signs Laos currency settlement agreement
Deal comes as Chinese authorities push for greater global use of renminbi
Bahamas rolls out first phase of CBDC pilot
Pilot will extend to rest of country after June, says governor Rolle, depending on Exuma and Abaco case studies
Mike Harris leaves Campbell & Company
Former FX trader exits after working at the firm for almost 20 years
360T hires Gavin Wells to lead FX swaps strategy
Industry veteran joining in February to drive 360TGTX MidMatch product
Johnson moves to Floating Point Group
Former FX trader worked in e-FX liquidity distribution at Tower Research Capital earlier in his career
Schmidt heads Emea EMFX and rates trading at Credit Agricole
Markus Schmidt was formerly head of financial markets trading at Bankhaus Lampe in Germany
Global Ficc COO exits Citadel Securities
After 13 years at Morgan Stanley, Nicola White joined Citadel’s New York office in 2016
RBA: stablecoins must wait until framework in place
Australian central bank says it may step up CBDC research efforts this year
Rise of the algo wheel
How the buy side is embracing algorithm wheels and where challenges still remain
Swissquote: US-China trade war to ease in election year
Trump will enter November’s presidential election “bragging about a historic trade deal with China”