News
Sucden hires Gillies to head e-FX sales
Kirsty Gillies ran the e-FX sales team at UBS in London for eight years
Johns swaps Nomura for Capula
William Johns worked at the Japanese bank for seven years
BoE appoints Morzaria to chair sterling working group
Tushar begins his tenure at the start of 2019, replacing François Jourdain
Avelacom opens Singapore office
The firm finds rising demand for low-latency connectivity in Asia-Pacific
MAS and SGX develop DvP for digital assets
This will shorten settlement cycles and simplify post-trade processes
OTCXN launches crypto-trading venue for institutional clients
Clients have already begun executing trades in ether and bitcoin versus dollars
Advanced Markets adds Standard Chartered as prime broker
UK bank becomes Advanced Markets’ second prime broker after UBS
Bogucki asks court to bar argument on fiduciary duty at trial
Judge will hear the matter later this month, ahead of February trial
Record brings ESG into currency management
Specialist currency manager develops database and methods for improving ESG credentials of its product
European FX lawsuit may follow soon, says source
Institutional investors filed a lawsuit in NY against 16 banks on November 7, which could be followed by European complaint
Virtu Financial to acquire ITG for $1bn
Cash deal comes little over a month since reports of potential merger
ACI partners ICA to promote FX Global Code in Mena
Financial market association joins forces with Interarab Cambist Association
FlexTrade integrates pre-trade model into EMS
Modelling tool helps users plan trades, cashflow and hedging ahead of time
Refinitiv expands in Mena, launches sentiment feed in Japan
Clients can access range of markets in Middle East and North Africa
MarkitServ launches cloud-based post-trade processing platform
The firm looks to migrate FX options and spot to TradeServ in 2019
Flow Traders commits to FX Global Code
Dutch market-maker recently announced plans to open London office
DTCC begins testing DLT-based credit derivatives service with 15 banks
New service expected to launch after first quarter of 2019
Agarwal heads to BNP Paribas in sales
Anupama Agarwal will focus on FX hedge fund sales
Rayner heads Cobalt’s sales team
Anoushka Rayner joins technology firm ahead of its launch later this year
Shell picks Bloomberg for Treasury system
Solution available for any corporates around the world, Bloomberg says
Inflationary pressures build in G4 economies – Morgan Stanley
The dollar’s current strength is unlikely to be sustainable and any near-term upside is limited, analysts say
BIS committee finds inadequacies in derivatives data
Challenges remain, despite significant progress, Irving Fisher Committee reports
Fed proposes lighter regulations for large banks
Lael Brainard objects to plans, warning they could leave taxpayers “on the hook”