FX Markets - 8 Apr 2019
Please note – the FX Week Digital Download is only available to FX Week Corporate subscribers. For more information, or to upgrade to FX Week Corporate, please email info@fxweek.com.
Articles in this issue
Nomura slashes FX headcount in $1 billion cost-cutting drive
Impact of job losses falls mainly on the emerging markets FX team
CMC posts profit warning; Foley resigns
New Esma margin rules have “resulted in retail clients trading less”, online trading firm says
Broadway acquires Barracuda to build out tech stack
The combined entity will serve half of the top 50 banks in the fixed-income and FX space
LCH brings automation to ForexClear
Firm collaborates with Genesis to automate exercise and options expiry
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
Gain taps McGonagle for growth in Japan
He will focus on increasing retail opportunities in the firm’s largest market in the Apac region
O’Driscoll takes OTC platform lead at Devexperts
He was deputy CEO and COO at FxPro until September last year
Freeston and Flowerdew exit Currenex's Emea sales team
The two sales specialists left Currenex in April to pursue opportunities outside the FX industry
Cafe joins BNY Mellon in e-FX sales
Joseph Café moves to the bank from BNP Paribas
Singapore Exchange enlists its first Middle Eastern trading member
Abu Dhabi-based Aarna Capital has signed on with Singapore Exchange
How the MAS is using AI to spot rogue trading behaviour
Trained using machine learning, the Apollo tool scours trading data for suspicious patterns
How Brexit gives FCA a tech mountain to climb
FCA international head says regulator faces huge reporting and data-sharing challenges
Euro to languish as Germany's economy struggles – CMC Markets
Pan-European currency to maintain its slide even as Fed hits pause