CME Group
FX trading volumes slip in September after strong August numbers
Spot FX volumes slipped at the end of Q3 following an unusually active August
Conlan moves to San Juan Mercantile Bank & Trust International
The industry veteran was global head of FX sales at INTL FCStone for over a decade earlier in his career
Institutional crypto interest awaits infrastructure
Start-ups and entrenched players aim to bring over custody, execution and post-trade capabilities
Mellor swaps Nex for Refinitiv
Nex Group’s former chief marketing officer joined the firm earlier this month
ExodusPoint recruits Jim Iorio
Nex’s former global head of sales and head of FX Americas joins hedge fund
David Ireland set to join XTX as CFO
Former CFO of Nex Optimisation starts his new role next month
JP Morgan tells HFTs: you’re ‘all finding homes’
But credit intermediation space has inefficiencies that more kill switches would address, conference hears
Clearing to become cheaper alternative to PB for most clients
IDX panel says it’s doubtful FX will ever see a clearing mandate
Itarle to open New York office, co-locate at CME
Swiss best execution and TCA provider set to open NY office and co-locate with CME
FXPBs over-allocating credit to algo and high-speed trading
Thinly capitalised trading firms are an accident waiting to happen while dealings on multiple venues make credit limits hard to set, claim market participants
Bitcoin futures volumes wake to new dawn on CME and other exchanges
Institutional players follow retail traders’ lead to hedge risk exposure
US-China trade war: market complacent in underpricing ‘no deal’
Options or swaps said to still be cheap to hedge if tensions persist
Crypto winter doesn’t spell end for blockchain investments
Despite the downfall of ICOs, investors are banking on blockchain transforming many industries
Former Nex exec Wren rejoins Spencer at IPGL
Move follows CME cutting several senior staff at electronic trading arm
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
CME prepares to cut several Nex executives
Senior managers including Tim Cartledge and Jim Iorio said to be exiting
FX Link pulls futures-shy banks into the fray, says CME
Since its 2018 launch, CME says the product has attracted some Tier 2 banks to FX futures
Conlan joins Currency Mountain
Joe Conlan moved to the FX holding company in January
Pott becomes head of public policy and government affairs at BNY Mellon
Ben Pott joins the firm from Nex Group
CME Group gets Dutch approval for Amsterdam entity
Some businesses will transition to CME Amsterdam BV to keep serving EU27 clients
CME clears FX cash-settled forwards for first time
Service debuts in January with two EUR/USD trades
Traiana offers USD/CNH and USD/HKD clearing via HKEX’s OTC Clear
The deliverable contracts are forwarded to the Hong Kong Exchange via Traiana’s clearing hub CCP Connect
Perdoni, Grant and Fortunova join Capitolis
Technology provider makes the hires as it seeks to bolster its FX novation service
Evia: rising capital costs to encourage mergers in 2019
Trend of mergers and acquisitions in FX industry set to continue, says Alex McDonald