News
Marco Baggioli joins M-DAQ Global
Former ADS Securities COO also headed FX prime brokerage at BNP Paribas
China’s underground FX crackdown could hit offshore yuan liquidity
Renminbi deposits in Hong Kong already at lowest for seven months
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
Robert Bogucki acquitted of fraud charges
Judge throws out case against former Barclays trader
Esma withdraws Bloomberg’s trade repository registration
Bloomberg clients have already been transferred to a repository of their choice
New Change FX to supply independent rate to Jyske Bank
Danish bank will use provider’s independent FX data for better analytics
Virtu completes $1bn ITG acquisition
Firm will supplement its current management with existing ITG leadership globally
Banks call for third-country benchmark fix as EC delays BMR
Two-year delay may open the door for rethink on local legal representation requirements and recognition options
RBI and Indian government boost banking sector as election nears
Central bank injects liquidity into banks as government recapitalises more state-owned lenders
Weidmann given second term leading Bundesbank
Deutsche Bundesbank’s distributable profit rises to €2.4 billion
RBI forms task force on offshore rupee
Task force will examine the effects of the offshore market on exchange rates and domestic liquidity
Julius Baer partners crypto firm SEBA
The Swiss bank aims to provide its clients with access to digital assets
Powell hints at $1trn goal for Fed balance sheet
Proposed reserves buffer is more than enough, Charles Goodhart says
Karnik and Schlesinger out at BNP Paribas
Bank makes three new hires on its FXLM desk this week
Marson joins FX sales at Barclays in London
He moves to the firm from Tullett Prebon
Oakley rejoins Nomura as head of flow FX
Stuart Oakley moves to the Japanese bank from Crédit Agricole
Rokos hires new risk chief
Gianluca Squassi is replacing Nick Howard as the $8 billion hedge fund’s CRO
Refinitiv to keep Klibor contract with Bank Negara Malaysia
The firm will continue to administer the country’s interest rate benchmark
FastMatch’s FX Tape available via QuantHouse’s API
The move extends the FX consolidated tape’s reach to a wider audience
State Street provides CLSSettlement to Japanese pension fund
Unnamed Japan-based pension fund is part of pilot to mitigate pension funds’ FX trading risks
FX sales specialist Lim becomes managing partner at MaiCapital
Marco Lim joins blockchain firm from Goldman Sachs, where he worked in e-Ficc sales
Edelman joins Levinson’s Gama as execution trader
Former Deutsche Bank staffer has long career in FX hedge fund sales
US and UK regulators strike deal to protect derivatives trading post-Brexit
Joint statement indicates ongoing co-operation, “whatever form” Brexit takes
Bloomberg brings alternative data to online platform
Enterprise Access Point goes beyond traditional data with geopolitics and financial sentiment feeds