News
LCH Group names Bailey as chairman
Marshall Bailey and Ruth Wandhöfer will join the board of the London Stock Exchange Group, LCH’s majority owner
Darren Coote to steer Cobalt
He takes the helm at the post-trade firm ahead of some key product launches
Integral hires Bambury as CTO
Gavin Bambury spent more than six years at Ion Trading
Birchall joins LCH as head of Asia-Pacific
Kate Birchall fills the vacancy left by Marcus Robinson, who has taken a role at the clearing house in London
Bogucki seeks trial delay until Johnson review
US opposes motion, arguing a delay could erode witnesses’ memories of alleged misconduct
Dollar to gain from trade war escalation, says Wells Fargo
Trade tensions will be dollar-positive and weigh on risk-sensitive EM currencies
INTL FCStone loses two FX veterans
Ramon and Conlan are long-standing members of the industry
BSO and Hoptroff partner for time-stamping solution
The time-as-a-service solution provides accuracy within a 10 microsecond divergence from UTC
Record expands relationship with WisdomTree
The specialist currency manager will provide additional EM signals to the asset manager
Hauser to chair FXJSC at Bank of England
He steps into the role left vacant by Chris Salmon, who left the central bank earlier this year
360T expands algo suite for corporates
The platform offers 60 strategies from 13 banks, with four more dealers to come online before the year-end
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
Zafar joins Credit Agricole from Barclays
The veteran banker moves to the French firm after spending 13 years at Barclays
BNPP strengthens London FX options team
The French bank is out to capture additional market share
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
David Puth steps down as chief executive of CLS
CLS board chairman Kenneth Harvey will assume the post until a replacement is found
US attorneys deny ‘shielding’ Cartel witness
US antitrust attorneys say they were merely discussing how to proceed with its case
Consolidated feeds cost industry $1.4bn a year, survey finds
Despite the growth of direct data connections, spending on consolidated feeds is set to rise, Greenwich Associates finds
Need for security drives cloud adoption, says survey
The share of cloud spend in financial firms’ IT budgets is set to rise to 47% by next year – up from 30% now
BidFX joins MarkitServ’s FX network
The firm expands range of post-trade processing services it offers clients
Last-look class certification fails against Deutsche Bank
US District judge Lorna Schofield denies two class certifications, saying market participants were aware of liquidity providers using last look
Bria joins LiquidityEdge as COO
Andy Bria joins LiquidityEdge, founded by ex-Icap chief David Rutter and headed by Nichola Hunter
Scott joins Spark Systems as adviser
Paul Scott spent nearly a decade at Commerzbank in senior roles
Read and Walsh swap Deutsche for BNPP
Both men have joined the French bank’s institutional FX sales team