News
Argentine central bank tries to halt peso’s slide
Peso falls after primary election results come as blow for President Macri
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
Standard Chartered fares best in mixed Q2 European Ficc results
Client activity remains muted as low volatility and geopolitical uncertainties weigh on sentiment
Justin Klug becomes president of Capitolis
Klug, the firm’s current COO, previously led the US rates-structuring team at Credit Suisse
PBoC says new digital payment system almost ready
New electronic payment system will use double-layer framework for digital currency
China discloses FX portfolio for first time
Report shows ratio of US dollar-denominated assets declined to 58% in 2014, from 79% in 1995
Shekel’s strength clouds Bank of Israel’s inflation outlook
Economists ponder whether central bank actions contribute to lower prices and what priorities it should consider in the near future
CEO Fleur leaves Solid FX
Former PGGM trading head departed Dutch ECN last month
ECB to assess Croatian banks in euro membership prep
Croatia could join the eurozone by 2024
Trading volumes fall on most ECNs in July
FXSpotstream bucked the trend with yet another year-on-year increase
Chen joins State Street Hong Kong in EM FX trading
Previously at Cathay United Bank, he joined last month
Crédit Agricole nabs Chow as head of FX sales
Based in New York, Chow will focus on financial institutions in the Americas
Central banks need better crypto asset data – ECB research
Links between crypto assets and regulated financial sector may increase and challenge regulatory frameworks
Edgewater realigns key management in New York
Matthew Kassel replaces Jeff Johnson as chief operating officer
Tenengauzer heads markets strategy at BNY Mellon, Derrick to retire
Daniel Tenengauzer will lead the bank’s Aerial View market commentary platform and strategy efforts for BNY Mellon Markets
Seegers set to join Citadel Securities in e-FX sales
FX sales and trading specialist takes on new role next month
How the top 50 liquidity providers tackle last look
Uneven disclosure practices are making life difficult for agency algos and ECN trading
Six big FX market-makers call for end to last look
Citadel Securities, Jump and Virtu among those repudiating controversial practice
PBoC to issue central bank bills to support yuan
Move could reduce liquidity of offshore yuan and deter “hot money” flows, analysts say
BCS Global appoints Richards as director of prime services sales
Andrew Richards will target small- to medium-sized hedge funds
Thai central bank to work with HKMA on cross-border blockchain
Central banks to work on technology to transfer funds across borders
US Treasury designates China a currency manipulator
Renminbi crosses barrier of seven yuan per US dollar amid growing trade tensions on August 5
Leelarthaepin joins CFH Systems Singapore in institutional sales
Former head of FX at CGS-CIMB Securities also worked at Saxo, Icap and ADS Securities
PBoC vows to keep renminbi stable
Central bank governor says yuan at appropriate level after breaking 7:1 against US dollar