News
FX Connect to offer BestX analytics
The platform’s key client base is the core audience for FX TCA
Darren Coote joins Cobalt
FX veteran becomes an adviser and investor at the pre- and post-trade processing company
Integral expands market data service to 14 cryptocurrencies
Financial technology firm hopes to provide a more accurate reference price for major cryptocurrencies
Cartel trial postponed until October
In the past two months, US attorneys have provided 2.2 million additional records, totalling 21.4 million pages, to the defence
FX volumes rebound in London and New York
Semi-annual surveys of seven major central banks show FX activity in the US and UK rising by 7%
FastMatch launches two new order types
The venue also makes changes to its system to improve market data rates
Taifex adds sterling and Aussie futures
The GBP/USD contracts will trade in sizes of 20,000 and the AUD/USD futures in clips of 25,000
Jyske Bank opts for Barracuda's Order Hub
Danish bank chooses the order-management technology to streamline FX operations
Goldman Sachs discloses max last look hold times in FX
Past behaviour may subject clients to a 200 millisecond hold period, as US bank tries to avoid losses
Mesirow commits to FX Global Code
Currency managers sign formal statement of commitment to the principles of good behaviour
RJ O’Brien closes FX business, effective immediately
The firm no longer finds the space strategically attractive
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
Geller to lead FX at Capitolis
Illit Geller, co-founder of TradAir, joins Mandelzis start-up
Best execution tops list of daily challenges – JP Morgan survey
The bank questioned more than 400 institutional investors about e-trading trends for 2018 in fixed-income and commodities markets
FCA approves New Change FX for benchmarks
NCFX becomes first benchmark administrator for live FX spot markets under EU regulation 2016/1011
Obituary: FX veteran Guy Plummer passes away
Known as the ‘chart man’, Plummer worked in foreign exchange for 25 years
HSBC to pay $101 million to settle with DoJ
UK bank enters into deferred prosecution agreement and agrees to pay criminal penalty over Cairn Energy and other FX conduct
Vollaro joins BNY Mellon in FX sales
Frank Vollaro spent more than 16 years at HSBC
Bundesbank to include renminbi in reserves
Onshore renminbi jumps to strongest level against the dollar for more than two years, following comment from Germany’s central bank
Bogucki plans to fight fraud charges in California
Former Barclays FX head returns ‘not guilty’ plea during arraignment at Brooklyn court
Shaffer joins StanChart’s FX options team
Eric Shaffer spent 13 years at Citi before making the move
Mash and Rowles join ED&F Man
Keith Mash and Alex Rowles join the institutional broker’s London office
TraderTools taps Abacus for cloud service
The venue gains the global scale and infrastructural expertise to expand ULN
Long Blockchain to merge with Stater
The combined company will focus on providing blockchain technology solutions to financial markets