HSBC
Rise of the algo wheel
How the buy side is embracing algorithm wheels and where challenges still remain
Winners of the FX Week 2019 Best Banks Awards
The awards acknowledge excellence in foreign exchange
Best Bank Awards: HSBC
HSBC is voted Best bank for EUR/GBP, FX in Asia-Pacific, emerging Emea currencies, emerging Asian currencies and the renminbi
Chris Smith to exit HSBC
Currently on gardening leave, Smith is set to leave the UK bank soon
Johnson seeks rehearing, argues lower fraud bar threatens markets
Former trader’s attorney says that in affirming his conviction, the panel has set a low bar for fraud
Collaborative solutions for better and wider access to liquidity, leading to improved management and hedging abilities
HSBC explores how its collaboration-based offerings and solutions can provide greater and more efficient access to liquidity, and explains why opening up direct access to its global network gives corporate and institutional clients improved management…
Bigelli joins Deutsche Boerse as spot and algo specialist at 360GTX
He joined last month, moving from institutional FX sales at RBC
Boehler joins UBS as global head of FX distribution
BNP Paribas’ former co-head of FXLM and commodity distribution moved this month
Winners of the 2019 FX Week Asia Awards
The awards acknowledge the growing importance played by market participants in Asia-Pacific in FX
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
Standard Chartered fares best in mixed Q2 European Ficc results
Client activity remains muted as low volatility and geopolitical uncertainties weigh on sentiment
Thai central bank to work with HKMA on cross-border blockchain
Central banks to work on technology to transfer funds across borders
FX last look: how non-banks stack up
Research shows patchy disclosures plus differences from banks on pre-hedging and rejected orders
JP Morgan tells HFTs: you’re ‘all finding homes’
But credit intermediation space has inefficiencies that more kill switches would address, conference hears
Best FX prime broker bank of the year: HSBC
HSBC voted Best FX prime broker bank
Renminbi internationalisation gathers pace
China is continuing its drive to make the renminbi an international currency, as well as opening up its onshore financial system to international investors, thus increasing opportunities to hedge investments in China. Volkan Benihasim, head of FX cash…
UBS exec: first trades via USC could take place this year
Risk Live: utility settlement coin project backed by group of banks moving “incredibly fast”
Citi shockwaves prompt rush for new PBs
BNP Paribas, Deutsche Bank, HSBC, JP Morgan and NatWest said to be onboarding Citi’s former clients
BoE markets boss: diversity in FX is an imperative
As the landscape of FX changes, so too should the people who work in it, says Andrew Hauser
Quinif touches down at HSBC
Brian Quinif left Nomura as it downsized emerging markets FX team
David Woolcock becomes head of banking at Disberse
Industry veteran started his career more than four decades ago at HSBC
FXPB fee jump unlikely, say dealers
HSBC and NatWest say client charges unlikely to rise significantly despite new margin costs
IBM: interbank currency blockchains should address emerging markets
Banks and fintechs, including USC consortium, vie to build distributed networks for FX transactions
Solomon moves to MUFG in FX trading
Former Credit Agricole foreign exchange trader joined last month