News
Nembrini joins Quantic Asset Management
London Capital Group's former head of institutional sales and trading joins the asset manager, focused on FX
Abacas issues first asset-backed coin on bitcoin blockchain
The exchange, launched in June 2015, allows managers to exchange assets without owning them
Q4 Ficc revenues drop for US banks
Firms also experienced falling revenues last year, amid challenging conditions
R3 connects 11 banks via distributed ledger
The firms complete mock trades in a series of experiments that could determine blockchain's application in the finance industry
ITG names new board chairman and chief executive
Minder Chang becomes chairman while Frank Troise returns to assume the role of chief executive
Pearson leaves RBS
Head of FX exits the bank following sabbatical
New Change FX provides mid-market rate data to RBS
The information provides RBS customers with an independent way to measure the cost of their trades
Glyptis joins Sapient Global Markets
The former head of BNY Mellon's Emea innovation centre joins Sapient as director
FlexTrade appoints two in sales
Glen Sargeant and Marek Lewandowski join the vendor as Emea sales managers
PBoC imposes reserve requirements on offshore deposits for first time
The new measure, designed to curb short-selling, shows the determination of China's central bank to stabilise the offshore market in the wake of recent gyrations
XTX Markets retains Chris Knight to lead Apac push
Knight's firm, Market Partners, will start working with XTX in late January
Swiss franc uncapped, one year on
A year after the historic SNB move, the lesson has been learned: always expect the unexpected
BofAML becomes first non-resident clearing bank on Moscow Exchange
The US bank is due to begin clearing activities this month
FX trading volumes end 2015 on down note
While FX volumes were generally down, record trading numbers were achieved on exchanges
Akinal rejoins HSBC
Former HSBC emerging markets FX options trader returns to the bank
Holcombe leaves Nasdaq
David Holcombe, global head of FX product, exits the exchange
ACI ramps up education initiative
"Individual accountability is a central facet of the market going forward," says Marshall Bailey, the association's global president
Market-makers encouraged to review last look
With regulators making headway and fining Barclays $150 million over its use of last look, corporate lawyers expect law enforcement to be just around the corner
Danino-Lewis exits BNP Paribas
Lisa Danino-Lewis joins Broadway Technology as head of Emea financial services sales
FastMatch slashes rates
New fee schedule takes effect on March 1, as the platform aims to double its market share this year
RBI and BIS gain access to China's interbank FX market
Second batch of official investors receive permission to trade FX spot and derivatives onshore; MAS and BoK are among them
Bank of China chooses smartTrade's LiquidityFX
The bank chooses the eFX platform to support growing trading volumes
Electronic FX options trading surges on Thomson Reuters
The electronification of FX options continues to gather pace
Renminbi slides to five-year low as FX reserves fall
China's reserves fell $108 billion in December as the People's Bank of China continues to intervene in the market