Integral
EBS reshuffles management team as volumes tank
EBS Market remains a key focus for the broker, chief executive Gil Mandelzis tells FX Week
Integral makes senior management changes
Jon Barker will run the products division while his sales role has been filled by Richard Farrell in New York
Panel clashes on best execution and NDF clearing in Boston
A panel at the annual FX Invest conference in Boston tackled the difficulties of NDF clearing and best execution costs
Integral claims against EBS's Tolat rejected in US court ruling
US court rules in Viral Tolat's favour after 14-month legal battle
Integral to roll out second-by-second FX benchmark rates
New product is to be introduced in January amid the international regulatory probe into alleged manipulation of the FX benchmarks by traders at top-tier banks
Former EBS Prime head Faulkner takes R5FX role
David Faulkner has joined R5FX as head of open market, following recent hire of Stuart Crooks, Ed Nelson and Anne Pounds
Future of agency FX depends on size, says Chapdelaine chief
Douglas Borthwick, FX manager at Tullett Prebon's Chapdelaine agency desk, believes recent regulatory challenges show that size will be the key factor for agency intermediaries
Meet the Sefs
The weeks leading up to the October 2 deadline for registration as a swap execution facility (Sef) under the US Dodd-Frank Act have seen a wave of new platforms receive approval from the Commodity Futures Trading Commission (CFTC). Robert Mackenzie Smith…
Sefs questioned on plans for erroneous trades
Swap execution facilities have been rushing to meet an October 2 deadline for registration, but more thought is needed on how platforms will deal with trade failures, say conference participants
Pressure mounts on CFTC for relief on Sef rules
CFTC is being lobbied to grant relief on the contentious Footnote 88, which requires platforms to register as Sefs even if the products they offer are not yet made available to trade
Faulkner exits Integral
EBS veteran David Faulkner has left Integral just four months after joining as global segment head for banks
Client on-boarding a challenge for Sefs
Icap is the latest firm to apply for Sef status, but the challenge for new platforms will be to on-board clients by the October 2 compliance deadline
Aggregators begin certification process with EBS
Aggregators of EBS liquidity have until November to comply with its new guidance and become certified partners, but some vendors are not certain they will seek certification
Sef regime begins, but platforms concerned over 'permitted' rule
Multi-dealer platforms are worried that, although they have to register as Sefs now, clients might be deterred from using them until they have to
Questions remain over finer details of Sef rules
The countdown to compliance with the Sef rules has begun following their entry in the Federal Register, but some platforms still have questions over the proposed model for a Sef
EBS veteran Faulkner joins Integral
Technology vendor's hire of David Faulkner reverses flow of staff from Integral to EBS
FX Invest Europe: buy side diverges on value of e-trading
Speakers at FX Invest Europe conference in Zurich last week questioned the benefits of the increasing number of choices when it comes to electronic platforms and trading technology
EBS hires US sales head from Integral
EBS hiring season continues with the appointment of Integral's head of US sales, and the business has also appointed co-heads for the anonymous platform, EBS Market
Integral targets institutional buy side with InvestorFX platform
New platform launch from Integral is targeted to meet the specific needs of investment managers trading foreign exchange
Sucden Financial signs up Currenex to meet demand from proprietary traders
Institutional broker lures clients away from banks with better leverage and margin terms
Emerging markets to drive retail foreign exchange growth in 2013
Asia, Africa, Middle East and Latin America are expected to see a rise in retail foreign exchange trading as stringent rules in developed markets come into force
EBS appoints Integral co-founder as CTO
Viral Tolat joins EBS in New York as chief executive Gil Mandelzis continues his ambitious expansion plans for the flagship FX platform
Trading places, December 10, 2012
New hires at Integral, the SEC, Chi-X Australia and the DTCC
Alpari registers in New Zealand, signalling pursuit for safe-haven markets
Retail brokers pushes out to New Zealand