News
Yen volumes of 29 times normal on January 2 open – CLS figures
Soaring volumes coincide with higher volatility in yen crosses in early hours of Asian trading session
Market Synergy opens Fix link to crypto exchange Bitfinex
The low-latency institutional-grade connectivity is based at the heart of Switzerland’s Crypto Valley
LCH shakes up compression vendor fee structure
Proposals follow criticism that the current regime favours TriOptima
2019: a year for innovation and technology
No longer weighed down by regulatory concerns, the FX industry can focus on innovation for its own sake
CNH trading in London on the up in Q3
Amidst geopolitical tension,s offshore renminbi trading increased by double digits in Q3
Malhotra returns to Barclays in Singapore
The e-FX specialist comes back to the UK bank after more than seven years at UBS
Leung joins State Street algo team
Mary Leung moves to the bank from Deutsche Bank
CNH contracts on SGX break daily record in November
November was third-highest trading month for USD/CNH since contract began trading on the exchange
FX swaps to avoid year-end basis blowout, banks say
Earlier rollovers likely to ensure no repeat of previous cross-currency volatility
Flow Traders to provide liquidity for Eurex FX futures
The move is central to the firm’s intention to become a leading FX non-bank market-maker
Egger joins Jefferies in sales in New York
Shawn Egger moves from FX trading platform FastMatch
2018: mergers, name changes and having one’s day in court
Mergers and acquisitions were popular reads on FX Week in 2018, along with coverage of US FX-related court cases
Kuroda defends BoJ’s asset purchases
Central bank could face problems when it unloads ETFs, former senior official warns
US will not argue fiduciary duty in Bogucki case
Judge orders the issue is irrelevant and the US cannot attempt to prove its case on that theory
WM/Reuters Thai baht benchmarks to be sourced from Matching Clob
The baht benchmarks are now based on trade data rather than indicative rates
FCA mulls restrictions on CFDs
The restrictions are fundamentally similar to those imposed by Esma earlier this year, but would have permanent effect
Beaudry becomes new Bank of Canada deputy governor
Paul Beaudry joins the central bank’s governing council
Nomura promotes William Sajko
He has worked in e-FX trading at the bank for seven years
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
Asset managers hope for common FX tape
Monitoring and ensuring liquidity providers adhere to their own disclosure is difficult, but must be done
Schmidpeter to head business development at Curex Group
He is promoted to senior managing director and head of global business development
Clapham and Pennell trade Mirexa for Coex
Both men move within TP Icap’s institutional services division in London
ABN Amro to clear Eurex FX derivatives
These include classic exchange-traded futures and options, as well as rolling spot
Investors eye Mexico and Brazil amid hopes in regime change
They believe a projected weakening in the dollar will support emerging markets