News
CloudMargin taps TriOptima’s Connolly for CEO
Stuart Connolly, who served as TriOptima group CEO since 2017, will take over from Steve Husk
Sharma promoted at Nomura
Saurabh Sharma joined the bank nine years ago, and was a vice-president responsible for e-FX distribution in Asia
Former TradAir CEO founds Neural Engines
Virat Tolat was CTO at Integral for 19 years earlier in his career
Paul Lonsdale retires from 360T
Liquidity manager spent nine years at Lucid Markets, one of the world’s first non-bank market-makers
Zimbabwe reaches IMF agreement to deal with currency crisis
‘RTGS dollar’ will be supported by advice from IMF programme
Tandon joins Barclays’ EM options team
Options expert joins from BofA Securities where he traded EM products
Stater to withdraw from prime-of-prime
Launched in 2016, Stater Global Markets has focused on smaller hedge funds and retail brokers
Regulators must do more to assess risk of crypto assets, says FSB
FSB members differ on how to tackle international co-ordination
Brixton joins Credit Suisse Singapore in FX trading
Archie Brixton moves to new role after spending four years at Nomura in London
Buy side said to target sell side with Code compliance
Two years in, buy-side participation remains low, as some cite barriers to the adoption of conduct principles
Court considers ‘Wild West’ practices in HSBC frontrunning case
Seeking to overturn Mark Johnson’s conviction, his attorneys argue he violated no laws or industry norms when trading on behalf of Cairn
China cracks down on illegal FX trading
Market participants call for legal pathways to trade on monitored platforms
FX surveillance gets personal in hunt for market abuse
Algorithms underpinning today’s platforms are learning traders’ habits – even their voice won’t escape detection
Taiwan’s central bank vows to defend currency
Taiwanese currency hits 28-month low against US dollar as US-China trade tensions worsen
Nomura grows digital wholesale office with global e-trading strategy team
Bank accelerates expertise in electronic trading space with group of 100 international specialists
Curex to launch new market impact tool in June
Aims to give clients a deeper look at the impact of their trading
CBDC need not pose stability threat – paper
Markus Brunnermeier and Dirk Niepelt say some arguments about CBDCs are “questionable”
Madgavkar waves goodbye to Citi, leads strategy at Integral
Sanjay Madgavkar moves to technology firm after more than 20 years at Citi
Trump administration proposes new rules to punish currency manipulators
Move would let US pursue more aggressive trade policy measures
CLS names Marc Bayle de Jesse as new CEO
ECB director set to join the FX settlement firm in December
Simon Potter exits New York Fed
Ray Testa will step in to lead the markets group while a successor is found
Sarb announces ‘CBDC feasibility project’
Central bank pursues partners to test digital currency
Debelle takes helm of GFXC
RBA deputy governor will serve two-year term from July
Moscow Exchange expands Asia and Middle East presence with Avelacom
Co-operation with tech firm lets exchange improve PoP in London, reducing latency by five milliseconds