News
Hraska joins DTCC after eight years at Barclays
Jim Hraska becomes a managing director and general manager of the firm’s Fixed Income Clearing Corporation
TriOptima and SwapClear include first client-cleared trades
Eighteen participants in compression cycle for Canadian dollar interest rate swaps, eliminating $1.05trn in notional principal
Andrew Bailey looks to reboot FCA's ‘mission’
New chief executive seeks to clarify approach after stumbles in past years, admitting global understanding of conduct regulation is still at an early stage
Saxo ups margin requirements ahead of US election
Margin requirements for most major FX pairs will go up to 2–3%, with RUB and MXN rising to 10% and 15%, respectively
Underwood FX builds out expert offering
The firm brings in legal, futures and other OTC professionals as it expands into traded markets intelligence
Goulet says goodbye to HSBC
Claude Goulet's responsibilities may be shared among his former superiors
Taiwan Futures Exchange adds euro and yen
With the two new futures contracts, Taifex broadens FX offering to include its first two G10 pairs
On-Sef FX trading hits September high
FIA reports a 32% leap in volumes since August
DoJ begins extradition process against Stuart Scott
Agency seeks to have the former HSBC employee – a UK citizen and resident – face wire-fraud allegations on US soil
Prepare for variation margin rules now, urges Massad
CFTC chairman talks margins, capital requirements and automated trading at FIA Expo
Brexit and Mifid II cause anxiety for exchange operators
"The outcomes are going to be interesting," says CME Group chief executive Phupinder Gill
Pragma completes NY5 migration
The data centre move concludes a multi-million-dollar upgrade of the firm’s technology infrastructure
Mahar joins Edgewater as COO
Based in New York, Imran Mahar will manage the firm's daily global operations
LMAX may seek registration in Ireland in the event of a hard Brexit
The platform believes other firms will follow suit as they seek to maintain access to the single market
HSBC: global acceptance of redback is rising
Figures come from the bank's 2016 renminbi internationalisation survey, conducted with 1,600 corporates across 14 countries
CFH Systems buys Capital Market Automation Provider
CFH to acquire CMAP’s 49% stake in its organisation, following last year's joint venture
Buyuksolak leaves RBS
He was an emerging markets FX trader at the UK bank
Barchart appoints Petersen as head of strategy
Keith Petersen joins from CME Group, where he focused on business development for equity index and FX products
Shanghai Futures Exchange rolls out market surveillance
The new system will be powered by Nasdaq's Smarts Trade Surveillance
Corporates still hesitant to engage with fintech
Survey finds substantial issues must be addressed before fintech is widely adopted by treasurers
Edgewater launches matching engine in Mexico City
Another sign that the institutional FX liquidity provider is moving forward with its expansion in emerging markets
Ratner leads FX at Noble Markets
Lee Ratner has held several senior roles in foreign exchange
Saxo Bank recruits Kalyanswamy as CIO
He brings more than 20 years' experience of working in senior technology roles
RJ O'Brien hires Staniford to lead institutional development
Chicago-based broker appoints Daniel Staniford from Citi