News
O’Malia urges CFTC to rethink Sef registration rules
CFTC’s approach has caused ‘mistrust’, says ex-commissioner
Parikh hands in resignation at Goldman Sachs
The migration of senior FX traders from banks to the buy side continues, with Parikh exploring options at a hedge fund
New FXCM pricing model to publish ‘raw’ FX spreads
Spreads and commission costs to be separated for clients as FCA reviews brokerage pricing
FCA to defy Europe on forex forwards reporting
UK regulator will not require forex forwards to be reported – contravening European policy – until Mifid II forces it to change
DealHub launches RefleX
Technology firm's new product features an innovative price and execution engine
Internalisation rates intact despite rising volatility
Extreme price swings could force some dealers to rethink their internalisation ratios, but conditions remain benign for now
Scottish vote triggers short EUR/GBP bets
Strategists expect the pound to gain against the euro, as policy divergence between the UK and the eurozone favours sterling
JB Drax hires ex-JP Morgan director
Cebrian joins the broker following brief break from the market
Industry grapples with uncleared margin rules
Market participants are unhappy with consultation documents released in the EU and the US on the margin requirements for FX swaps and forwards, and the definition of a financial end-user
US court orders Sef-registration rethink
CFTC forced to perform cost-benefit analysis of various Dodd-Frank provisions
C-View launches systematic FX program
Twenty-eight year trading veteran teams up with C-View to launch FX fund
CME’s Sammann relieved of FX duties
CME makes a number of changes to its executive team in Chicago
Unchanged Fed boosts EM party
Currency analysts question whether the recent strengthening of the US dollar will yield a similar reaction as that seen in 2013
FxPro acquires spot aggregator platform
Quotix buy will boost focus on institutional clients
BAML loses managing directors in New York and Asia
US bank loses two senior FX figures
CLS hits settlement record
Settlement infrastructure completes record number of instructions in 45 minutes after extensive IT upgrade
Return of volatility to bust Aussie's strong run
Expansionary monetary policies in the developed countries have supported Aussie strength, distorting the influence of fundamentals
PBoC designates renminbi-clearing banks for France and Luxembourg
Bank of China and the Industrial and Commercial Bank of China to serve the offshore RMB markets of the two countries
ForexClear adds PEN to cleared currencies
Clearing house can now handle 12 currencies and more than 95% of non-deliverable forward markets
ITG launches new FX benchmark
Research and execution broker aims new reference price at portfolio managers and traders as the race to find alternative benchmarks heats up
HSBC appoints FX sales head for Hong Kong
HSBC strengthens FX sales team in Asia-Pacific
SNB stands pat on EUR/CHF floor, despite market jitters
Swiss central bank ready to buy FX in unlimited quantities to preserve 1.20 currency floor
BAML FX prime brokerage head departs
Industry veteran quits US bank after nearly three years