News
ParFX takes first step for moving into NDFs
Trading platform has snapped up an MIC code as it explores building a platform for the growing FX segment
Sef rule reform needs to be targeted: CFTC official
The Sef revamp should continue post-Giancarlo, says Rostin Behnam, but targeted changes would be better than a total rewrite
Hong Kong moves carefully on swaps trading reform
Regulator SFC fears disruption to Hong Kong's position if it forces trades on venue, Isda AGM hears
LMAX hires Rupan as NY head of liquidity analysis
FX industry and systematic trading 20-year veteran has had stints at 360T, FastMatch and FXCM
SocGen names Broquereau as head of global markets UK
Antoine Broquereau will add responsibilities to current role as global head of financial engineering for fixed income and currencies
Northern Trust promotes Arteta to head of Americas sales
Based in Chicago, Arteta brings a wealth of FX and fixed income experience to the role
Noisy data hinders financial firms' use of machine learning: survey
Financial firms have adopted machine learning and AI, but poor quality of data means the technology isn't used to the fullest
China’s FX reserves hit seven-month high as capital flows back in
Reserves rise for fifth month in a row in March, as US-China trade thaw eases foreign investors’ concerns
Philippines joins regional payment settlement network
Malaysia, Indonesia and Thailand already in system that aims to spur local FX markets
Singapore Exchange enlists its first Middle Eastern trading member
Abu Dhabi-based Aarna Capital has signed on with Singapore Exchange
O’Driscoll takes OTC platform lead at Devexperts
He was deputy CEO and COO at FxPro until September last year
Nomura slashes FX headcount in $1 billion cost-cutting drive
Impact of job losses falls mainly on the emerging markets FX team
Freeston and Flowerdew exit Currenex's Emea sales team
The two sales specialists left Currenex in April to pursue opportunities outside the FX industry
Cafe joins BNY Mellon in e-FX sales
Joseph Café moves to the bank from BNP Paribas
Gain taps McGonagle for growth in Japan
He will focus on increasing retail opportunities in the firm’s largest market in the Apac region
LCH brings automation to ForexClear
Firm collaborates with Genesis to automate exercise and options expiry
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
CMC posts profit warning; Foley resigns
New Esma margin rules have “resulted in retail clients trading less”, online trading firm says
RBI to repeat FX swap following high demand for first auction
Second round of long-term liquidity will be on offer in late April
Jerusalmi to exit capital markets head post at LSEG
FX options veteran to step down as group director of London Stock Exchange Group after nine years
Singapore’s banks eye internal models for FX desks
New market risk regime dangles capital savings for own-models approach
Broadway acquires Barracuda to build out tech stack
The combined entity will serve half of the top 50 banks in the fixed-income and FX space
Mizuho taps smartTrade to provide new e-FX platform
The Japanese bank is replacing its legacy FX platform
FastMatch sets up matching engine in Singapore
The ECN looks to diversify its product and client base by plugging into the city-state’s FX infrastructure effort