FX Markets - 22 Oct 2018
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Articles in this issue
FX Cartel defence seeks mistrial after Gardiner’s testimony
Counsels claim “highly prejudicial” line of questioning from US has created “irreparable prejudice”
Gardiner faces cross-examination
Defence uses data and audio calls to show the accused men traded independently – piercing holes in Gardiner’s testimony
Gardiner: FX Cartel had ‘gentlemen’s agreement’
Matthew Gardiner, a co-operating witness for the government, says the group co-ordinated trades for profit
Calpers did not notice price discrepancies in FX Cartel case
“If I had, I would’ve said something earlier,” managing investment director tells court
State Street’s Bond: BestX audit will guarantee independence
TCA provider BestX will retain independence and be subject to annual audits focused on data
Integral is not up for sale, says Sandhu
Silicon Valley firms are never for sale; they get acquired, says technology firm’s chief executive
Swift calls for standard API methodology
Open banking ecosystem will only succeed if standard-setters create universal methodology, Swift says
Record launches FX guide for pensions industry
It gives pension managers insights into the risks and opportunities currencies present
NatWest Markets’ FXmicropay takes to SAP cloud
It automates currency conversion and guarantees exchange rates
BSO connects to Mexico
Mexico City is latest point of presence in provider’s expanding EM connectivity network
Barclays hires two for Asian NDF trading team
Bengco and Parameswaran join the bank in Singapore
Rossi and Sellwood join Barclays
The two men will work in FX hedge fund sales
Libor to become third-country benchmark under no-deal Brexit
UK-based reference rate would need to gain EU approval by end-2019 to avoid “unthinkable” disruption
Quantile adds CME to optimisation service
Quantile Technologies completes initial NDF margin-optimisation cycle with CME group
Avelacom connects to South Africa
Low-latency link from London to Johannesburg in under 160 milliseconds
Refinitiv expands data delivery with Amazon cloud
The service is improving access to real-time financial data globally
Dollar to weaken on fundamentals and Fed, says CIBC
Dollar will be under further pressure as other central banks start normalising monetary policy