News
Nayyar trades Deutsche for Segantii Capital
Varun Nayyar will trade rates, FX and short-term interest rates for Hong Kong-based firm
Sharma joins Tudor Investment Corporation
Nikhil Sharma started his career as an equity derivatives trader at Merrill Lynch in 2007
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
US banks see Ficc earnings drop in Q2 2019
Results subdued due to depressed volatility and low client activity
Gary Leung joins State Street Bank in FX trading
Leung moves from the Bank of China
State Street hires Harry Xu for Asia FX
Xu joins in Boston from Nomura in New York
Tariq Haider heads to Drax
Former BAML FX salesman returns to New York for post
IM big-bang split confirmed with new $50bn threshold
Addition of sixth compliance phase looks set to slash September 2020 in-scope entities by more than half
Hyperinflation looms as Zimbabwe struggles to stabilise currency
Official inflation almost doubles as economic threats remain
St Louis Fed warns of rise of multicurrency systems
Crypto assets may hamper monetary policy transmission and increase exchange rate volatility
Boas Bondesen joins BidFX in Nordic sales
Bondesen spent six years in FX sales at FlexTrade
UBS: last look is sticking around, but conversation evolving
Bank says transparent and open discussion can produce “mutual benefits going both ways”
Identity crisis for Facebook’s Libra under lawmakers’ grilling
Washington wrestles with ‘regulating the heck’ out of Libra without stifling innovation
Kurk joins Northern Trust as COO
Hire aims to capitalise on acquired technology and product capabilities
Regulators plan to delay IM ‘big bang’ – market sources
Most see final phase of initial margin rules coming a year later, in September 2021
JP Morgan tells HFTs: you’re ‘all finding homes’
But credit intermediation space has inefficiencies that more kill switches would address, conference hears
E-money poses serious threats to financial system, says IMF paper
Paper recommends a ‘synthetic CBDC’ to preserve financial stability
Caplin makes three senior hires
The three have nearly 100 years of experience in financial markets between them
Debelle swings at ‘buyer beware’ disclosures in FX
‘They don’t give you free licence to do whatever you want,’ says new GFXC chair
Bank of Thailand voices concerns over baht appreciation
Thai central bank says it has cut supply of short-term bonds to curb hot money inflows
Trump lashes out at Libra
US president says Facebook’s system will need a banking licence if it wants to be a bank
FX ‘safe’ in latest job cuts at Deutsche, for now
Savings gained from restructuring German bank said to free up capital to invest in core areas such as FX
West Africa announces ‘eco’ currency plans
Single currency seems unlikely to be introduced by next year, despite updated launch plans
Flow Traders hires head of trading in new FX push
Non-bank market-maker said to be looking to build out FX franchise