News
Canada not looking to change exchange regime in 2021 review
Deputy governor highlights benefits to economy since adopting regime
Citi culls HFTs from FXPB client list
HC Technologies, Jump Trading and Virtu Financial among those told to find new prime broker
FXPB fee jump unlikely, say dealers
HSBC and NatWest say client charges unlikely to rise significantly despite new margin costs
Facebook unveils new ‘currency’
Social media group plans to “reinvent money” with payment system backed by liquid reserves
Crédit Agricole’s head of FX options departs
Andrew Soper leaves French bank to pursue other opportunities
Fleischmann switches Crédit Agricole for Tradeweb
At the French bank she was global head of e-sales, fixed income and FX
E-FX specialists highlight algo limits
Algos and automation said to struggle in pricing complex macro events
CBDC could raise bank funding costs – Philadelphia Fed
Choosing an appropriate interest rate could help alleviate problem, say researchers
IBM: interbank currency blockchains should address emerging markets
Banks and fintechs, including USC consortium, vie to build distributed networks for FX transactions
Asset managers urged to commit to FX Global Code
Firms risk hit to reputation by not signing standards on market practice, investment manager says
Stamos Fokianos joins ICBC Standard Securities
Former global head of e-business at Credit Agricole moved in May
ECB: EU must improve capital markets to boost euro as global reserve
ECB cannot “unequivocally” say euro becoming global reserve would help monetary policy, says Cœuré
Wells Fargo: UK Conservative leadership race will hit sterling
Hardline victor could weaken pound after Conservative party vote, says Erik Nelson
NAB hires Pieri for FX derivatives trading
Former Nomura and RBS trader joined in May
Could CFTC bring back Reg AT?
CFTC's new chair could reopen the controversial algo-trading rules – if he gets time
Solomon moves to MUFG in FX trading
Former Credit Agricole foreign exchange trader joined last month
Targui promoted to co-head role at UBS
Jefferies’ former head of FX Apac sales takes new post after four years at UBS
FSB report considers impact of decentralised financial technologies
Report warns of negatives of tokenisation
Kooltra plots broker entry with FX market technology
Fintech firm plans compliance, dealing and settlement automation solution for FX payments providers next year
Mexican currency under pressure over ratings downgrades
Fate of sovereign increasingly linked to struggling oil company Pemex
National Bank of Ukraine continues focus on CBDC
‘E-hryvnia’ pilot project completed in February
Tradepoint to roll out fixing algo
Trading tech firm plans to introduce in-house fixing algo, captured under its ‘all you can eat’ pricing structure
Gillespie joins Spotex in sales role
Based in London, Kevin Gillespie will target institutional and broker clients, besides banks
Manu Choudhary becomes new DMALink CEO
Former Lloyds banker joins one of the last independent FX ECNs