News
Dollar starting to look overbought, says TD Securities
As traders finish short covering, there is little to support the market building new longs
First-ever SMR fine lands with Barclays chief
Regulators say James Staley failed to act in a diligent manner in whistleblowing case
FX Cartel loses bid to dismiss criminal case
Judge says SFO investigation was a sign the currency traders could be prosecuted somewhere
Crypto ETFs a reality within two years, say panellists
While trading in cryptocurrencies such as bitcoin is still dominated by individual investors, institutional involvement is rising
Corporates pay little heed to last look or FX Global Code
A bank signing a statement of commitment to the 55 principles is not a deciding factor for corporates
Citi reshuffles FX options team
Two options traders leave London and a new corporate salesperson arrives; Singapore office gains new options head
BIS commits to FX Global Code
The institution says it is committed to conducting its FX market activities in a manner that adheres with the 55 principles
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
Platform volumes dip in April, FastMatch breaks trend
As volatility dampens in April, FX volumes tick lower
Weller joins Saxo Bank as Mena chief
Steve Weller headed the FX business at Sberbank CIB before resigning and taking a break from the industry
OTC derivatives values fall to 10-year low – BIS
The most recent slump continues the retreat from gains witnessed in the first half of 2016
360T hires three for senior FX roles
Randy Rupan, Robin Nicholas and Paul Lonsdale join the trading venue
Kim joins Sucden to head Apac e-FX sales
The institutional foreign exchange and derivatives broker boosts its FX sales desk
SGX invests in Cobalt
Asian exchange’s investment reinforces those made by Citi and others over the past two years
Neill Penney to serve on GFXC
He becomes the FXJSC's private-sector representative on the Global Foreign Exchange Committee
Judging panel for e-FX Awards announced
The five judges will be Kevin Rodgers, Campbell Adams, Brad Bailey, Javier Paz and FX Week editor Eva Szalay
TP Icap appoints head of institutional services, Americas
New York-based Pieter van Vredenburch takes up the role
Solid FX’s Westerman resigns, Esturi joins
Ujwal Esturi joins the liquidity management team from FastMatch
Societe Generale adds BestX to TCA suite
The independent transaction cost analysis tool will complement the bank’s own TCA product for algo-executed trades
Goldman Sachs hit with $54 million NYDFS fine
Regulator slaps bank with fine for unsafe and unsound FX practices between 2008 and 2013
Ficc veteran Jeffery joins Mosaic as chairman
Jack Jeffery becomes chairman of data analytics company with over 35 years of experience in the financial markets
Holst and Christoffersen join muinmos
Both men will invest in the firm and join its board of the Danish software and onboarding company
Dah Sing Bank to use Fenics for FX options
The regional bank will use Fenic’s services to run its FX options pricing and distribution
Zografos joins FastMatch in sales
Nicholas Zografos takes on sales role at FastMatch New York, swapping BNP Paribas for the trading venue