News
Mark Johnson’s attorneys point to Isda agreement in appeal
“How are FX traders supposed [to] know what trading constitutes wire fraud when the government cannot even answer that question?” attorneys ask
Aite Group: aggregation and workflow key for buy side
The financial consultancy recommends buy-side participants and technology vendors focus on six key areas
European corporates hit by FX in final quarter of 2017
Currency losses at their highest for corporates in Europe since Q3 2015
ADS Securities appoints Coulon as head of IT
Emmanuel Coulon joins the firm’s headquarters in Abu Dhabi
Krueger joins Saxo from Barclays
Eric Krueger will take up newly created role of global head of client services
Thomson Reuters expands crypto sentiment data feed
Cryptocurrency sentiment package monitors more than 2,000 global news and 800 social media sites in real time
360T and FXall enter price-distribution deal
Banks using 360T’s price engine will be able to price FXall customers, as well as clients on the Deutsche Börse-owned venue
Bowerman takes Hudson's role at BAML
Daniel Bowerman becomes global head of FX e-commerce at the bank
China FX reserves at seven-month low in May
PBoC figures show $14.2 billion decrease, bringing total reserves stockpile to seven-month low of $3.11 trillion
Active traders were stabilisers during FX shocks, says think-tank
The three largest currency moves of the past 20 years give insight into trading behaviour across segments, says JP Morgan Chase Institute
INTL FCStone rolls out e-platform for frontier units
Platform to streamline price discovery of exotic currencies through more electronic process
FX volumes rise in May
Trading platforms continue positive trend that started at the beginning of the year
Banque de France selects Quod Financial
French central bank chooses Quod for FX aggregation needs
Dmitri Galinov leaves FastMatch
Chief executive of Euronext-owned ECN FastMatch resigns
Esma to restrict promotion of CFDs from August 1
Under new rules, retail FX brokers will need to provide prominent warnings on the risks involved in CFD trading
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
Patrick Salis to replace Hodgkiss as AxiCorp CFO
Simon Hodgkiss becomes chief risk officer
IBM and Avaloq to build Swiss cloud
Swiss Banking Cloud could be ready to on-board new clients in second half of 2018
DTCC adds two to the board
BNPP’s Claudine Gallagher and Virtu’s Joseph Molluso are the newest additions to the 20-member board of directors
Grise out, Colantone in as head of FX sales at JP Morgan
Mike Grise’s departure comes after an eight-year tenure as head of FX sales, Americas
Four join CLS board
Bonamy, Brady, Lawrence and Stolte become directors
MarkitServ connects to Asigna for clearing Mexican peso
New connection enables a standardised workflow and connectivity for clearing Mexican peso TIIE 28 swaps
TraderTools commits to FX Global Code
Yaacov Heidingsfeld says the firm supports the goals of the principles
Germany or Brazil most likely to win World Cup – UBS
A report, ‘Investing and football’ from UBS Wealth Management’s chief investment office, assesses team prospects at the tournament