News
Bloomberg receives MTF authorisation from FCA
The Bloomberg MTF will provide execution of interest rate and default swaps
London Metal Exchange to accept renminbi as collateral
Offshore Chinese currency now accepted as security by the trading metals venue
Tony Dalton joins RJ O'Brien as head of FX
FXPB veteran joins US broker in New York
Global FX volumes climb off record highs
But still manage to grow year-on-year in April
360T sells to Deutsche Börse for over €700 million
As exchanges continue the push into FX trading
Shake-up for Standard Chartered top management
New management team will run the reorganised bank
Dominguez appointed to Fed's board of governors
FX expertise cited as the reason for his appointment
European currency-hedged funds set for inflows
But UK counterparts will continue to struggle to attract new money
US banks see declining Ficc revenues in Q2
Only Morgan Stanley bucks the trend by highlighting strong currencies business
ParFX to introduce decimalised pricing
And adds the Chinese renminbi - the first non-CLS unit - to its universe of currencies
Thomson Reuters' data plans face backlash; delays randomisation plans
Proposed plans to launch a UDP multicast feed in Slough raise the spectre of data arbitrage and a latency race
Scharf joins DTCC as chief security officer
He was previously global chief information security officer at Experian
FXSpotStream launches new GUI
As the firm continues to expand, it unveils a new HTML5 graphical user interface, enabling clients to access liquidity from 11 FX banks
Bailey exits Credit Agricole
After less than a year at the French dealer
Demand for Taiwan RMB futures puts Hong Kong in the shade
Taifex says the exchange-traded instruments launched this week are a ‘milestone' in offshore market development, but analyst believes foreign investors are unlikely to bite
First cross-border repo executed in Chinese bond market
ICBC's Singapore branch raises 200 million yuan on China's interbank bond market in the first deal since the PBoC scrapped limits on offshore access to the $5.7 trillion market earlier this year
Thomson Reuters launches currency value-tracker app
The new app helps market participants to identify value in FX markets quickly
Davison and Higgins join X Markets Trading
After leaving FXCM's institutional division
Non-bank market-makers stress partnership approach
FX heads towards the Amazon approach as diversification becomes more important
Last look protects market-makers and tight spreads
Panellists highlight the benefits of last look, but call for more transparency
Panellists call for more standardisation in FX
FX Week USA conference delegates hear suggestions for market structure challenges
Hedge fund heavyweights launch trader incubator
LaunchPad Trading, a joint venture between Tudor and HC Technologies, starts search for global macro traders
WM/Reuters window is more open to exploitation
As trading patterns become more predictable
Salmon responsible for FX while Cross successor appointed
Cross leaves head of FX role after six years