FX Markets - 29 Feb 2016
Articles in this issue
Goldman's Patel joins XTX Markets
Jigar Patel will head the market-maker's e-commodities business
Volatility and options push up FX revenues in 2015
Figures from the 12 largest investment banks show G10 FX up on 2014, while Ficc trading was down 9%
CFH Clearing expands choice of white-label platforms
In March, the PoP provider will add Olfa Trade's Seamless FX to its range
LSE in merger talks with Deutsche Börse
A deal between the two would forge the largest European exchange group, challenging US competitors
Hong Kong Exchange to offer renminbi futures
The move aims to deepen links with mainland China and give investors new ways to tackle a fall in offshore liquidity
Marquard takes on strategy role at CLS
He is still general counsel and representative for legal matters to CLS's executive management committee and CLS Group board
US dollar/yen basis blow-out to –100bp on negative rates
Bank of Japan's policy adds to the dollar-funding dilemma of domestic banks
Latif set to join Citi in May from Goldman Sachs
Goldman's co-head of e-FX sales for Emea switches to Citi
PBoC’s Zhou dismisses talk of renminbi devaluation
China’s governor says the country is “opposed” to competitive devaluation and capital outflows are likely to subside
Possibility of global crisis has resurfaced, panellists say
Attention turns from policy normalisation to the threat of global slowdown
UBS reshuffles FXPB ranks
Oh makes his exit, Connolly and Bader take on global co-head roles, and Rosoman moves up
Rabobank wins with a close cable call
Jane Foley, senior currency strategist at Rabobank, sees political uncertainty over Brexit as the catalyst for more sterling volatility
Buy side takes control of execution as liquidity worsens
Risk warehousing ability isn't there any more, say large buy-side traders
Asset managers need better handle on costs, processes
Panellists highlight the challenges they face in the pursuit of best execution