News
Curex appoints Richard Daniels as managing director
Daniels reports directly to chief executive James Singleton
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
CFH Clearing expands Asia offering
The integration of the technology enables CFH to provide local liquidity to its clients in Asia
CLS onboards Japanese funds
Japan-domiciled funds gain access to settlement through CLS as third-party participants for first time
Cobalt goes live on BT Radianz
With this latest development, the firm is bringing the FX post-trade world to a new level
Bogucki’s defence fights for dismissal again
Defence says there was no fiduciary relationship because each party understood they were acting in their own interest
Scott wins extradition appeal
Stuart Scott wins extradition appeal as the October 2017 verdict is overturned
Record’s Wood-Collins: more disclosures needed
The UK-based currency manager’s chief says some asset managers appear to use only one counterparty for FX trading
BNY Mellon adds Velis to FX strategy team
John Velis joins the bank from State Street
ACI to file amicus brief for Mark Johnson appeal
Traders’ association believes lower court decision could spook banks, hike costs for transacting fixings and hit liquidity
SGX reports record FX volumes
The exchange prints new records in USD/CNH volumes, surpassing the $3 billion threshold on June 27
US dealers see Q2 Ficc revenues dip
While second-quarter revenues did not match the performance of earlier this year, they were higher than in Q2 2017
Thomson Reuters to rename Financial & Risk business Refinitiv
The standalone firm will continue to focus on trading platforms, data and market infrastructure provision
Barclays names Fabio Madar as global head of G10 FX
James Hassett moves into newly created role in emerging markets
LCH and Moscow Exchange sign up to Code
The clearing house and exchange pledge to abide by the FX Global Code’s principles when conducting business
Yu-Jer Sheu takes over as Taifex chair
He was Taiwan’s finance minister between May 2016 and July 2018
Goldman Sachs’s Temelkuran to join BNPP
Baris Temelkuran set to become global head of G10 FX options trading
Rise of the cyborgs: tech remakes the front office
Dealers “have no choice” but to change, says UBS’s Orcel – and plenty of changes are coming
FX turnover hits new record high in UK
All global currency trading centres register growth in April, compared with previous semi-annual survey
BNY Mellon taps Moumdjian for global FX sales role
BNY Mellon unifies its global sales team under the leadership of Harry Moumdjian in the newly created role of global head of FX sales
FX Connect rolls out automated order routing
New functionality allows buy-side traders to automate execution according to pre-set rules
Flow hires van Eck
Joeri van Eck joins from Goldman Sachs
Fred Boillereau leaves HSBC, Badhwar moves up
HSBC separates FX & commodities from global markets corporate services, with replacement for Boillereau to be announced
Lawyers poke Fotheringhame on last day of hearing
Issue of whether trust between Barclays and former employee has irretrievably broken down is key focus on day four