News
April CLS volumes point to higher BIS figures
Bumper month will be basis for BIS triennial survey; ticket sizes likely grew as instruction number fell but value rose
Fed refrains from intervening in Q1, but valuations push reserves up
Despite the Fed not intervening, US FX reserves rose on the back a weakening US dollar
Icap announces post-merger name
Once the interdealer broker sells its global broking business to Tullett Prebon, the new company will be called Nex Group
FX volumes inch higher in April
Over-the-counter volumes were up on the whole, but FX trading on-exchange was generally down
Global Code of Conduct creators take questions on May 26
BIS FXWG leaders will discuss the implications in New York
Non-bank LPs boosted by TCA developments, study finds
Financial consultancy Greenwich Associates sees counterparty diversification as a strong trend
MahiFX launches buy-side execution tool
MFX Vector and e-FX Engine Room are the latest roll-outs from David Cooney's company
Lucera reshuffles senior ranks
Loveless heads into consulting while Lucera plans Asia expansion
FXSpotStream reveals traded volumes for the first time
The trading venue’s numbers for 2016 are looking good
Sucden promotes Davies
Davies becomes head of eFX sales for Emea
Yallop appointed chairman of FMSB
The former COO of Icap and Deutsche Bank will take up his new position in July
Otkritie Capital to join IPC's markets network on the cloud
The move will facilitate market participants' access to the firm's services in the Russian market
Pierce exits Goldman Sachs
The FX veteran is understood to have left the industry
FX piques interest of institutional investors
Volatility in currency markets keeps asset managers busy as clients question the impact of FX on investments
Broadridge acquires Dojima to boost derivatives clearing
Capping what Broadridge calls its "best-of-breed" offering for exchange-traded derivatives
Bloomberg's BFix judged Iosco-compliant
The benchmarks cover spot, forwards and NDFs for about 50 currency pairs
ThinkLiquidity partners FX Bridge
Deal aims to strengthen risk management offerings for brokers
Saxo appoints Jakobsen as co-head of global sales trading
Steen Jakobsen will work alongside division head Theo Papathanasiou
DTCC and KRX sign memorandum of understanding
The companies express their intent to forge a successful trade-repository solution in South Korea
Phillips leaves Nomura
The Singapore-based head of G10 FX options trading in Asia is understood to have left the bank
Aston Capital taps Khaledi for business development
New York-based Khaledi was vice-president on the derivatives-clearing desk at the US bank
Global code adoption expected by summer's end
While participants are excited about the conduct guidance, they say firms' internal behaviour is what will ultimately create change
Compliance officers should look beyond third parties
The risks facing firms are usually at other levels of the business relationship, say financial industry experts
Tullett appoints new CFO
Andrew Baddeley replaces Paul Mainwaring with immediate effect