News
StanChart's ex-head of FXO moves to Credit Agricole
Mostachfi leaves after six years at the UK bank
Grimeh shifts into fixed income at $30bn hedge fund
StanChart's regional head of financial markets, Americas, could give up roles at GFMA and the NY Fed's FXC soon, source says
Kate Lowe resigns from BNPP, sources say
The bank's FXPB global head of product and strategy exits after four years
EBS to open NDF pool to non-bank players
Trading platform makes high-level decision to give prime brokerage clients access. Timing and details to come
StanChart's head of FXPB leaves to become train driver
Daren Hill's LinkedIn page says he now works for Crossrail
Beeks launches self-service portal for buying connectivity
Beeks Marketplace allows institutional clients to find and purchase connectivity. The UK-based provider plans to add third-party products to its offering at later date
Fiat currencies stand firm against bitcoin
The cryptocurrency is a victim of its own success as strong demand pushes its price up, increasing speculative flows
Mo Grimeh to exit StanChart
The bank is dividing his role between three replacements
Singh-Muchelle to head global broking regulatory affairs at Icap
He previously worked at The Investment Association
TradAir hires Ejodame as global head of customer support
Bob Ejodame previously headed global FX support for Icap-owned EBS
Downtrend in Ficc revenues continues at major banks, Coalition says
Ficc revenues fell 11% in the first half of 2016 and by 33% compared with five years ago
Lenterman returns as chairman of FIA EPTA
He takes over from Mark Spanbroek, who becomes vice-chair
GTX hires Poltavsky for eastern European sales
Regional specialist will focus on the region's currencies, clients
Debelle appointed deputy governor of RBA
Guy Debelle will take up his new role on September 18, replacing Philip Lowe who becomes governor later this month
UK could be post-Brexit winner in Asia
The country could negotiate bilateral trade agreements more favourable than those with the EU, panellists say
Global Code will level playing field, but more prescriptive regulation on way
Creators of the conduct code will push the initiative through, but supplementary rules will hit parts of FX
China may never open capital account fully, panellists say
2020 target for renminbi internationalisation looks remote as China may join countries with asymetric capital accounts instead
Sousa to head Nordic sales at 360T
Minna Lehto Sousa replaces Niklas Blide who is retiring
Flax goes to Broadway Technology
Daniel Flax joins the technology provider's professional services in New York
FX market activity shrinks for first time since 2001
The BIS's triennial survey of FX markets shows a headline figure of $5.1 trillion, down from $5.4 trillion in 2013
Former Barclays trader banned and fined $1.2 million by the Fed
Christopher Ashton, ex-global head of FX spot in London, used 'unsafe and unsound practices' to manipulate FX rates
NBLPs face credit challenges as banks protect their role in FX
NBLPs' narrow focus could prove the saving grace as banks' businesses span a wider range of products
Spot FX is a ‘bankrupt business’ if economics don’t change
The complexity and choice available to participants has increased at the same time as liquidity provision dynamics have shifted, upending previous business models, panellists say
Buy-side FX trading curbed as margin rules take hold
Prime brokers will cut off access to dealers if they fail to agree revised CSAs