News
BestX signs JP Morgan and HSBC as TCA clients
FX analytics firm partners two major dealers for third-party transaction cost analysis
BlackRock settles whistleblowing charges with SEC
The firm used a special clause in its separation agreements whereby staff waived their right to whistleblowing awards
Ficc revenues rise for US banks in 2016
However, fourth-quarter earnings fall for most
Mizuho opts for Thomson Reuters' FX Trading platform
The Japanese bank is the latest financial institution in Asia to adopt the venue
Mash, Spillman and Calloud join TJM's FX sales team
Mash and Spillman have worked together in FX sales at other firms for more than a decade
Credit Suisse FX trading team: Yip out, Wang in
Both FX options traders are based in Singapore
ADS Securities' head of institutional sales for Mena exits
Hormoz Amirfaryar has left the Abu Dhabi-based broker after more than five years
Non-banks to get dark pool for inventory exchange
Competition could heat up for banks, but may cue tighter prices
FX central tape to launch end of Q2, but without banks
Participants to move ahead without banks amid rising demand from end-users for transparency and cost analysis
Compression start-up LMRKTS secures investment
Founded in 2012, the fintech firm recently reached the trillion-dollar mark of gross notional reduction
JP Morgan signs with BestX to offer third-party TCA
The bank's clients will be able to access BestX post-trade transaction cost analysis in real time at no extra cost
SG appoints Tom Gillie as global head of FX options and spot G10 trading
He joins from Bank of America Merrill Lynch, where he was global head of FX trading and head of equity trading for Emea
Banks seek to standardise cross-currency settlement dates
Talks under way to exchange principal amounts on IMM dates to allow for greater netting
FastMatch snatches Beacroft from Hotspot in Asia
Beacroft helped to build Hotspot's business in the region
Integral wins appeal against EBS's Tolat
The case is now remanded to the district court, where Tolat will face a second trial
Ex-Citi trader pleads guilty in price-fixing conspiracy
Between January 2007 and July 2013, Christopher Cummins, a former Citigroup trader in New York, conspired to suppress and eliminate competition in Ceemea currencies
BIS finds sterling crash was due to 'confluence of factors'
October 7 sterling flash crash in 2016 down to illiquid conditions, less experienced traders and loss of public data from venues
Nex Data signs distribution partnership with Tradition
Nex Data will source real-time and end-of-day prices from Tradition's global electronic, hybrid and voice-broking operations
Thorsson appointed global head of FX at Swedbank
Stockholm-based Thorsson joined the bank in 1999, and was most recently head of FX
FX platforms finish 2016 on a flat note versus the year before
Despite spikes in June and November, over-the-counter FX trading was subdued
Yorke is global head of 'not being stuck in the office'
He was global head of FX forwards at SEB
Narasimha replaces Eger as Oanda's chief
Eger will assist with the transition of Narasimha, whom he has mentored over the years
OCC fines Usher and Ramchandani $5m each in ‘Cartel' probe
Former traders indicted by the DoJ for the same offences
Linker swaps Thomson Reuters for 360T
As well as expanding 360T's existing business and products, he will drive the launch and adoption of its Clob and ECN initiative