News
CME Group shuts down CME Europe and CME Clearing Europe
The move follows customers' preference for the exchange's US infrastructure, the group said
EBS to enforce Ultra participation criteria from mid-June
EBS BrokerTec will start calculating the 40/60 maker/taker ratios for EBS Ultra Live clients from May 15
Documentation fears slow CNY FX derivatives growth
Foreign fund managers need clarity before market can take off, say banks
China FX reserves inch higher in March
PBoC figures show increase of $3.96 billion, resulting in the second consecutive monthly reading above $3 trillion
Goldman’s new terms may as well say 'f@*k you' at the top, participant says
Goldman Sachs sends clients updated terms-of-dealing document signalling asymmetric last look is alive and kicking
Spot volumes rise in March
Secondary venues see robust volumes; primary platforms also tick higher
Gilbert to develop Liquidnet's US equities business in Europe
Gilbert has more than a decade of experience in US equities sales to European asset managers
White to become new BMO chief executive as Downe retires
Darryl White is due to replace current BMO chief executive as he retires after 10 years at the helm of the Canadian bank
LCH appoints Maguire as group COO
He will retain his responsibilities as global head of rates and FX derivatives as well
CORRECTION: Principle 17 on last look will be subject to review
FX Week incorrectly stated that Principle 17 related to pre-hedging rather than last look
Soper and Lawrence leave Nomura
Both long-standing FX traders were based in London
Jury acquits two over Libor manipulation
The two men were cleared of charges of conspiracy to defraud
Esma submits technical standards on non-equity tape
Given the complexity of the non-equity universe, Esma says it has taken a more pragmatic approach to the non-equity consolidated tape
David Puth: Principle 17 will be subject to review
Audio webinar hosted by FX Week and the ACI Financial Markets Association saw more than 100 individuals dial in to ask questions ahead of the Code’s release
Czech National Bank removes koruna cap
After three and a half years, the central bank scraps the floor on EUR/CZK
Ekblom moves to Singapore with Deutsche
Kristian Ekblom also switches G10 options for EM options
MahiFX gains FCA authorisation
Watchdog allows MahiFX to offer products and services in the UK
Cobalt partners LMRKTS and launches BlueSky platform
LMRKTS to make compression algos available using Cobalt’s DL technology-based post-trade FX network
LMAX Exchange is the first to commit to FX Global Code
The change of heart follows reassurance that Principle 17 on pre-hedging will be subject to comment after final release
CLS extends payments-netting service to all global currencies
CLSNet, expected to go live in Q2 2018, will comprise 140 currencies
IPC partners TransFicc for low-latency links to multiple venues
TransFicc’s API simplifies the process of connecting to new trading venues and handling vast amounts of data
Markets gear up for end of Czech koruna cap
With inflation at its highest level since 2012, the CNB's change of language leads analysts to herald end of EUR/CZK floor
FX Week Australia 2017 – in pictures
The premier conference for FX market participants in Australia and Asia-Pacific took place on March 23 in Sydney
McClain to lead DTCC’s equity clearing business
Michael McClain has worked at the Options Clearing Corporation for the past 16 years