News
EU central banks complete FX Code adoption
Seven additional members of ESCB sign statements of commitment to principles on May 14
CLS profits down in 2017 as firm invests
Settled volumes continue to grow year-on-year and underlying profits are in line with expectations, Puth says
ACI launches online Global Code exam
It will test an individual’s understanding of the Code and best market practice
Solid FX commits to Global Code
Statement of commitment will show up on the public registers of CLS and Nex
Thomas to lead Morgan Stanley’s e-macro sales team
Matt Thomas was previously in Credit Suisse’s FX and rates electronic sales team at Credit Suisse
Thomson Reuters dives into crypto data
Real-time rates data feed covers bitcoin, ethereum, bitcoin cash and major currencies
Mount joins Cryptalgo’s advisory board
The crypto broker and algo provider appoints Ed Mount as chief adviser for trading technologies
SmartTrade adds crypto to FX platform
The firm’s cryptocurrency offering overcomes the trading challenges of this fast growing market
TFS-Icap’s Benson retires
Terry Benson exits the FX industry, after a career spanning four decades
Butbaev rejoins Saxo Bank as CEE chief
Vitali Butbaev brings extensive international experience in the financial industry
Haider set to exit BAML
Tariq Haider will leave his FX institutional sales role in London
Broadway taps Evelina Rosenstein as head of Emea sales
Rosenstein joins from FXSpotStream where she handled sales and new business
Middleton joins Mesirow’s UK currency team
As a senior vice-president, Amy Middleton will work on bespoke research initiatives and advise on investment strategies
DoJ indicts another FX trader on price-rigging charge
US says Akshay Aiyer conspired with other New York-based traders at rival banks to fix prices in Ceemea currencies
European banks face FX volatility on bail-in ratios
Use of funding in foreign currencies creates new risk, especially in non-eurozone countries
Thomson Reuters to relocate FX MTF to Dublin
Irish MTF will allow the firm to continue offering foreign exchange services in the EU
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