Infrastructure
Credit remains the biggest headache in FX
FXPB adjustment pressures clients as service providers tackle rising costs
January volumes up on December, down on year
Average daily volumes rose across major FX platforms, but were far off the numbers posted a year ago
Brandon-Bravo quits GTX
FX veteran with more than three decades of experience leaves the ECN after six years
Houston understood to be seeking exchange role
Deutsche Bank's former FXPB head is believed to be eyeing a senior role at a major exchange
On-Sef FX volumes slump to year lows in December
End-of-year numbers down a quarter from the highs of March
FXCM study underlines segregated pricing advantages
Retail clients gain better or equal prices than on interbank and futures platforms more than 90% of the time
Moon joins Eurobase as group financial chief
Jonathan Moon leaves PayPoint, where he worked for more than 19 years
Singapore grants LCH.Clearnet clearing house recognition
Clearing house expects tremendous demand once mandate kicks in
Renminbi direct payments make inroads in Middle East
The Chinese currency ranks first when the UAE and Qatar make direct payments to China and Hong Kong
Banks explore Mosaic platform to help ailing Ficc revenues
The aim is to discover new business opportunities and more valuable clients
Hotspot launches private liquidity pool tool
Users will be able to create their own customised pools to suit their trading needs
Samsung Securities gains third-party access to CLS
The securities company is the first non-bank financial institution to join CLS in South Korea
SocGen hires O'Hara as PB sales director
Formerly of Credit Suisse, John O'Hara will be responsible for promoting Societe Generale's FX prime brokerage offering to hedge funds and institutional investors
Abacas issues first asset-backed coin on bitcoin blockchain
The exchange, launched in June 2015, allows managers to exchange assets without owning them
R3 connects 11 banks via distributed ledger
The firms complete mock trades in a series of experiments that could determine blockchain's application in the finance industry
New Change FX provides mid-market rate data to RBS
The information provides RBS customers with an independent way to measure the cost of their trades
BofAML becomes first non-resident clearing bank on Moscow Exchange
The US bank is due to begin clearing activities this month
FastMatch slashes rates
New fee schedule takes effect on March 1, as the platform aims to double its market share this year
Bank of China chooses smartTrade's LiquidityFX
The bank chooses the eFX platform to support growing trading volumes
ANZ's Malin heads to FastMatch
The trading platform is working to provide Russian clients with an alternative to Micex
TradAir opens office in Singapore
The technology provider expands operations in Asia to serve its growing client base
FXSpotStream adds 12th liquidity provider
Bank of Tokyo-Mitsubishi UFJ goes live on the trading venue's price aggregation service
Further consolidation among venues and providers ahead
2016 will see more focus on the cost of trading, which will drive platform consolidation, says FXSpotStream's Alan Schwarz
2016 will be the year of the great liquidity unbundling
Regulation and the highly specialised nature of FX will lead to more partnerships, says Zar Amrolia, co-chief of XTX Markets