United States (US)
Edgewater realigns key management in New York
Matthew Kassel replaces Jeff Johnson as chief operating officer
Tenengauzer heads markets strategy at BNY Mellon, Derrick to retire
Daniel Tenengauzer will lead the bank’s Aerial View market commentary platform and strategy efforts for BNY Mellon Markets
Seegers set to join Citadel Securities in e-FX sales
FX sales and trading specialist takes on new role next month
BCS Global appoints Richards as director of prime services sales
Andrew Richards will target small- to medium-sized hedge funds
US Treasury designates China a currency manipulator
Renminbi crosses barrier of seven yuan per US dollar amid growing trade tensions on August 5
Tradepoint’s passive triangulation algo for synthetic crosses
Product allows regional banks to show passive interest in non-existent pairs where there is no direct market
City Index: yuan to hit seven within a month
China’s yuan has not seen such levels for more than a decade, but trade war with US induces flirtation
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance
Citi taps Hoshino as head of FX in Japan
Bank moves to strengthen FX operations to serve corporate and institutional clients in region
US regulators applying outdated laws to crypto, hearing told
Congress also urged to open up Fed payment system if it wants to reach the unbanked
Baton hires Choussy as it eyes scale and client expansion
Choussy has been appointed president and chief operating officer
Vitale promoted to global head of FX markets at BNY Mellon
He replaces Adam Vos, who has been promoted to head of BNY Mellon Markets
CIBC: sterling on defence as Johnson becomes UK PM
Expect interest to sell sterling in short term as market remains on guard for possibility of no-deal Brexit
Caplin introduces cryptocurrencies on trading platform
Technology firm seeks to copy elements of FX trading while capturing crypto-specific features
Girolami to replace Pluves at LCH
Isabelle Girolami will start as LCH's chief executive on November 1
Sharma joins Tudor Investment Corporation
Nikhil Sharma started his career as an equity derivatives trader at Merrill Lynch in 2007
State Street hires Harry Xu for Asia FX
Xu joins in Boston from Nomura in New York
Tariq Haider heads to Drax
Former BAML FX salesman returns to New York for post
St Louis Fed warns of rise of multicurrency systems
Crypto assets may hamper monetary policy transmission and increase exchange rate volatility
UBS: last look is sticking around, but conversation evolving
Bank says transparent and open discussion can produce “mutual benefits going both ways”
Identity crisis for Facebook’s Libra under lawmakers’ grilling
Washington wrestles with ‘regulating the heck’ out of Libra without stifling innovation
Kurk joins Northern Trust as COO
Hire aims to capitalise on acquired technology and product capabilities
Debelle swings at ‘buyer beware’ disclosures in FX
‘They don’t give you free licence to do whatever you want,’ says new GFXC chair
Best e-FX trading venue of the year: Refinitiv FXall
FXall voted Best e-FX trading venue