News
Euronext completes FastMatch acquisition
Exchange operator receives regulatory and anti-trust approval to continue muscling its way into FX
Borsetti moves to Credit Suisse, Casini leaves
Silvia Borsetti boosts the ranks of the FX sales team while Enrico Casini exited the bank in June
Newman joins NatWest Markets as VP in institutional FX sales
James Newman took up his post last week
CLS commits to FX Global Code, sets up public register
The settlement firm says it has aligned its activities with the principles of the Code
LMAX Exchange appoints Moffat as MD for Apac
Scott Moffat will be based in Singapore
Nex Optimisation boosts Harmony as Mifid II deadline approaches
Traiana’s Harmony has been extended to enable participants to exchange additional information to assist with meeting a number of regulatory obligations under Mifid II
Crédit Agricole CIB appoints head of global markets in Seoul
Silvia Kim, formerly of Barclays, reports to Franck Dargent and Jean-Pierre Trinelle
Cartledge: Direct is moving to single-ticket execution
“We don’t know if the order is for the full amount or not, so we don’t want to call it full-amount trading," says Cartledge
XTX moves to zero hold times
The liquidity provider eliminates discretionary latency buffers in the last look window when trading with direct counterparties on a disclosed basis
China FX reserves rise for sixth consecutive month
PBoC figures show $24 billion increase, bringing the total stockpile of reserves to a nine-month high
Davison to head Emea sales at Quantitative Brokers
Tony joins from technology provider Celer Technologies
FX e-trading near saturation, says Greenwich
But the next stage in the success story is due, the financial consultancy says
EBS Direct is moving to automatic full-amount for some orders
Manual orders of five million base currency or more will be automatically executed as full-amount tickets from September 5
FreemarketFX appoints Crosswell to the board
Charlotte Crosswell becomes a non-executive director at the peer-to-peer currency exchange
ACI seeks new managing director, extends deadline
Taylor’s contract is set to expire; new deadline of August 21 for applications
Giancarlo confirmed as CFTC chairman
US Senate also confirms two commissioners
Former Deutsche COO Ritchotte invests in Cobalt
Deutsche Bank’s former chief operating officer bets on tech firm’s future success
ING launches EM-USD indices on Bloomberg
The indices are tradeable benchmarks covering 12 emerging market currencies
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
BoE appoints Ramsden as deputy governor for markets and banking
He replaces Charlotte Hogg, who resigned in March
EBS FX Benchmarks are a unique proposition, says Taylor
Usage scenarios could include benchmark replication, portfolio management and structured products, says Nex Data MD
Standard Chartered hires in London and Singapore
Patodia becomes head of G10 FX options for Asia; Suave joins the London corporate sales team
Currenex and EBS mull venue-hosted last look
Platforms consider becoming third-party operators of last look to separate the function from liquidity providers
Investors must sue outside US to recoup FX losses, urge lawyers
Lawyers say the extent of collusion is clear, following recent settlements by five banks