United States (US)
Nomura grows digital wholesale office with global e-trading strategy team
Bank accelerates expertise in electronic trading space with group of 100 international specialists
Curex to launch new market impact tool in June
Aims to give clients a deeper look at the impact of their trading
CLS names Marc Bayle de Jesse as new CEO
ECB director set to join the FX settlement firm in December
Simon Potter exits New York Fed
Ray Testa will step in to lead the markets group while a successor is found
Huffman becomes CTO at Instinet Incorporated
Former FXall CTO joins financial technology company
City Index: ‘major negative knee-jerk reactions’ in EM if yuan breaks 7.00
Dollar tends to strengthen against sterling and euro on Brexit crisis and escalating US-China tension
GFXC seeks deeper understanding of anonymous platforms
Committee elects Guy Debelle as new chair to replace Potter
BBH’s former global head of e-FX trading sets up new firm
James Robertson founds Equitas Technology
BNY Mellon loses global head of FX options
Sam Osterman joined in January 2018 and ran the newly launched FX options business
Citi revamps algos to improve sweep impact predictions
Bank works to make some aggressive strategies more intelligent when handling liquidity and filling orders
Tradepoint’s ‘all-you-can-eat’ pricing model challenges FX algo market
Fixed-fee for unlimited usage lets clients design algos or pick from existing ones that mimic established offerings
Genesis product aims to speed up time to market
Creative Studio provides capability to build and customise web-based solutions with minimal coding
Former astrophysicist to overhaul BNY Mellon macro strategy products
Brought in from State Street, John Arabadjis will also supervise the bank’s analytics team
SEB: tariffs won’t dampen China’s growing influence on global economy
But in the short run, threats will knock renminbi and other emerging market currencies
US-China trade war: market complacent in underpricing ‘no deal’
Options or swaps said to still be cheap to hedge if tensions persist
Venezuela to adopt more flexible exchange rate
Liberalisation and US sanctions on oil industry likely to boost inflation, say analysts
Seed CX partners TradAir for OTC trade settlement
Tie-up enables TradAir customers to leverage services of Zero Hash subsidiary
Currency losses at North American corporates rise to nearly $21 billion
Currency gyrations from geopolitical events continue to create headwinds for some businesses
Ashton lands at Corellian Global Investments
After successfully fighting price-rigging charges in US, Christopher Ashton educates market participants on conduct issues
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
Electronic trading differentiates dealers competing for market share
Technology and business scope keep JP Morgan and Citi at the top, but selectivity has some dealers gaining momentum
CME prepares to cut several Nex executives
Senior managers including Tim Cartledge and Jim Iorio said to be exiting
Mosaic to bring real-time performance analytics to FX
Platform will be in production with a major client in third quarter
RBC grapples with early UK election risk
Bank puts probability of no deal at 5%, but should it occur sterling could drop 10%, according to head of FX strategy in London