News
Platform volumes up in August amid EM woes
Trading was higher than in the same period of 2017, with the euro and some emerging market currencies hitting yearly lows
Hooker to join Capitolis
Darryl Hooker, former co-head of EBS BrokerTec Markets, is set to join Gil Mandelzis-led Capitolis as a consultant
Sabia joins Wells Fargo
Robert Sabia joins the spot FX desk in San Francisco
Sargeant joins Cürex London
Glen Sargeant is responsible for developing customer relationships throughout the UK and Europe
Correia becomes ACI’s new education director
Rui Correia steps into the post, following the passing of Paul Chappell
Thomson Reuters launches SI reporting service
The solution provides market participants with data, analytics and reporting tools if they qualify as systematic internalisers
Hold times collapse on EBS Direct as LPs cut last look
Hold times down 67% and reject rates drop to 3.15%, as FX Global Code of Conduct forces liquidity providers to step away from last look
Lalo swaps Deutsche Bank for Avalon
Christophe Lalo was head of currency overlay services at Deutsche’s global investment solutions unit for four years
Mateus joins Societe Generale in Paris
Alexandre Mateus joins Societe Generale as G10 FX spot trader, based in Paris
NatWest bids for order-book management business
The UK dealer's frosted glassbox serves as segregated order execution desk for fixings and stop losses
Daniels to join Nomura in e-FX sales
Ian Daniels is a former head of e-FX sales at NatWest Markets
OCC will not offer further guidance on ‘fourth-party’ risk
Onus on banks to vet subcontractors during contract negotiations, regulator says
FX boosts UK derivatives values
Bank of England data for second quarter shows 33% rise in FX derivatives values at UK banks
Focus shifts to plumbing as crypto markets mature
Panellists at the 14th annual FX Week Asia conference say the institutionalisation of crypto markets is gaining momentum
Venezuela launches app for FX conversion
App allows members of the public to convert prices into the new bolivar soberano
Barnard becomes CLS chief auditor
He joins the settlement firm after a long career in auditing
Magnussen joins Nordea from UBS
New foreign exchange trader at Nordea in Copenhagen
Trade wars to stay for decades, say panellists
The conflict is a struggle for dominance between the US and China, say economists at the 14th annual FX Week Asia event
Singapore aims to become e-FX hub for Asia, says Loh
Speaking at FX Week Asia, MAS’s Jacqueline Loh says Singapore wants more price discovery to take place
Thomson Reuters adds JPY/THB to Matching
Trading the yen and baht directly will increase market liquidity and transparency
Caxton FX to provide open banking payments
Customers will be able to make international payments directly from its platform
European corporate FX losses triple
Currency losses at their highest since the first quarter of 2017, reports FiREapps
Esma renews ban on most binary options
European regulator excludes certain types of binary options
State Street appoints co-heads of Emea global services
Ambrosius and Fontaine have worked at the US bank for more than a decade