News
Shah will join Citi from Capula to run its yen book in London
After more than four years on the buy side, Dipak Shah returns to bank market-making
Fluent rolls out EBS Live Ultra connectivity
The low-latency provider starts connecting EBS BrokerTec clients to the data feed it launched last month
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Giancarlo urges regulators to examine risk from capital rules
CFTC commissioner says regulators cannot avoid the issue of whether capital removed from markets harms the global system
Blockchain adoption by banks at least six years away
Banks are holding back due to regulatory uncertainty and lack of in-house expertise, research by Six Securities Services finds
Vogel opts for Societe Generale in London
He returns to options trading in the city after five years in Singapore
Icap acquires Abide Financial
The regulatory reporting specialist will become part of Icap's post-trade risk and information division
Currenex launches X2 platform
Institutional venue boosts traders' performance and efficiency, while helping to keep markets resilient in times of stress
Renminbi in SDR basket will end dollar overreliance – PBoC's Jin
IMF move will trigger a reallocation of assets onshore and offshore, says PBoC representative at the HSBC China Forum
Asset managers lead the charge for voluntary clearing
Voluntary clearing volumes jump 80% as non-cleared margin rules take effect
Scotiabank joins board of GFMA global FX division
GFXD also appoints JP Morgan's Claudia Jury and Nomura's Nigel Khakoo as chair and vice-chair
Bjurgert leaves Virtu
Bo Bjurgert's exit comes shortly after the departure of John Shay
Wilson joins Exegy's senior sales team
Scott Wilson will target electronic currency markets as the firm places greater focus on FX
FXecosystem adds SG1 as it expands into Asia
This reinforces the firm's colocation connectivity network, which already includes LD4 and NY4
Pound crashes 8% during early morning trading
Sterling plunged from $1.26 to $1.14 within two minutes, just after 7pm in New York
Citi warns of all-time cable low
Following a move of nearly 10% in GBP/USD, technical analysts say a test of an all-time low cannot be written off
Modifications sought in Johnson's release
Attorneys still working to get Mark Johnson's wife as a signatory on the $1m bond agreed for his release in July
GFT hires Collins to head financial services
David Collins joins from Sapient, where he was involved in reshaping the UK consulting division
OCC suspends Johnson from markets
He pleaded not guilty to alleged felony charges in August, but OCC says the charges involve dishonesty and breach of trust
Kendrick heads to Standard Chartered
He joins the UK bank from Morgan Stanley
Rae heads to Barclays
He joins the UK bank from Goldman Sachs
Alpha FX appoints Kidd as CFO
Icap's former Emea CFO joins the UK corporate FX brokerage
Benda swaps Deutsche for Nomura
John Benda will focus on FX sales to Israel and the UK
China’s FX reform hit treasurers the most – JP Morgan survey
Senior financial executives from more than 100 global and regional corporates responded at Asia-Pacific Treasurers Forum