FX Markets - 17 Feb 2020
Articles in this issue
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
Investment Association calls for standardisation of FX reject codes
The 13 new high-level categories will allow rejection causes to be remedied quicker
Four more banks join CLSNet
Bilateral payments netting service using distributed ledger tech now has nine firms live
Asia keener to adopt mobile FX trading – BidFX
Fintech firm updates mobile app to offer more features; security concerns represent major development challenges
Brainard: US must review payments system oversight
Big tech’s currency plans could weaken payments oversight – senior Fed official
Diginex appoints Edwards as head of investment products
A former managing director at UBS Investment Bank, his financial career spans 20 years
FMSB appoints Rich as general counsel
The lawyer has worked with BNP Paribas, Deutsche Bank and RBS
Theta hires Meddemmen as chief technology officer
Specialist provider of buy-side trading tech as a service will launch FX capabilities at year-end
State Street Tokyo hires Choi in e-FX sales
Formerly at FX SpotStream Asia, Jangwon Choi joined the firm in December
Westpac: Johnson’s rhetoric over EU trade hits sterling
Cable has less upside than before the “go it alone” talk resumed after Brexit