News
Avelacom connects to South Africa
Low-latency link from London to Johannesburg in under 160 milliseconds
Record launches FX guide for pensions industry
It gives pension managers insights into the risks and opportunities currencies present
Quantile adds CME to optimisation service
Quantile Technologies completes initial NDF margin-optimisation cycle with CME group
FX Cartel defence seeks mistrial after Gardiner’s testimony
Counsels claim “highly prejudicial” line of questioning from US has created “irreparable prejudice”
State Street’s Bond: BestX audit will guarantee independence
TCA provider BestX will retain independence and be subject to annual audits focused on data
BSO connects to Mexico
Mexico City is the latest point of presence in the provider’s expanding connectivity network in emerging markets
Swift calls for standard API methodology
Open banking ecosystem will only succeed if standard-setters create universal method for API specifications, payment provider says
Gardiner faces cross-examination
Defence uses data and audio calls to show the accused men traded independently – piercing holes in Gardiner’s testimony
Rossi and Sellwood join Barclays
The two men will work in FX hedge fund sales
Barclays hires two for Asian NDF trading team
Bengco and Parameswaran join the bank in Singapore
NatWest Markets’ FXmicropay takes to SAP cloud
It automates currency conversion and guarantees exchange rates
Gardiner: FX Cartel had ‘gentlemen’s agreement’
Matthew Gardiner, a co-operating witness for the government, says the group co-ordinated trades for profit
Calpers did not notice price discrepancies in FX Cartel case
“If I had, I would’ve said something earlier,” managing investment director tells court
BestX clients seek independence reassurance
Clients and LPs want clarity around the deal between State Street and BestX to gain confidence about the provider’s continued independence
OTCXN partners Prime Trust
Prime Trust will serve as a third-party custodian for trading entities and exchanges using OTCXN technology
Gurcuoglu joins Stater Global Markets
Ayhan Gurcuoglu was previously regional manager for Turkey at Sucden Financial
Cartel trial kicks off with ‘billions of dollars’ claim
US prosecutors say the three former traders crossed the line and got an unfair advantage
Capitolis and Nex partner for FX novation
Capitolis Novation will be accessible through Nex Infinity and as a standalone service
SaxoSelect sees healthy growth in Q3
Saxo Bank’s digital investment service allows clients to put money into a range of pre-selected investments
Law joins CLS in Hong Kong
Margaret Law joins from Northern Trust and reports to Joe Ziccarelli
Exegy promotes Anderson, hires Faulkner
The firm promotes Robert Anderson and adds John Faulkner to London sales team
Gain Capital chooses Eventus for market surveillance
The broker will use the technology provider’s Validus platform to monitor trading in its futures business
Barclays gives Specs to FX participants
The client portal originally launched for equities in 2015 is now available for foreign exchange
Olesen to head Emea at Integral
Lars Olesen set to join Palo Alto-based firm in November