United States (US)
Fed strikes a dovish tone in January
US central bank will no longer keep balance-sheet runoff on automatic pilot
Eddie Wen named global head of digital markets at JP Morgan
Electronic trading veteran Eddie Wen shifts roles
StanChart to pay $40 million for attempted FX manipulation
UK bank says it now has appropriate control framework in place
Northern Trust hires Fyda as head of local markets for global FX
Twenty-year veteran Paul Fyda will help clients navigate complexities of emerging markets
HSBC adds Cheesman to sales team
New York-based Jonathan Cheesman worked in FX sales at Goldman Sachs
CME clears FX cash-settled forwards for first time
Service debuts in January with two EUR/USD trades
Provenzano joins Edgewater Markets
New York-based Sal Provenzano appointed managing director of e-FX sales
OTCXN goes live with LiquiMatch FX trading venue
The hybrid FX ECN has Tier 1 banks on board
ABN Amro: investor sentiment remains EM currencies’ Achilles heel
While EMFX valuations are attractive, their good fortune is contingent on other markets
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
Johnson’s counsels press DoJ to clearly explain his crime
Lawyers plan to argue the US’s “ever-shifting” theories show prosecutors are unclear what crime he committed
FastMatch hires David Lyons
Lyons spent 20 years at RBS
Cboe’s Isaacson joins OCC board of directors
Chris Isaacson became chief operating officer at Cboe earlier this week
Citadel Securities appoints Culek as new COO
Matthew Culek joined the market-maker six years ago
HSBC settles millions of FX transactions with DLT
The bank is exploring using the technology to help corporates manage FX flows better
Independent Reserve joins OTCXN network
Australian crypto exchange joins to attract more institutional liquidity
Miesner joins Spotex
John Miesner brings more than 18 years of experience in institutional FX
Dovish Fed improves conditions for EMFX – Morgan Stanley
Weakening investment outlook for US suggests economic performance falling back in line with rest of world
Fed takes cautious stance on rate path
Incoming Fed officials signal there may be a rate-hike pause
Lubman joins Morgan Stanley’s sales team
Colby Lubman was previously at Barclays
Barnfield to lead Asian FX at BNP Paribas
Graham Barnfield previously headed EMFX forwards and NDF trading at Barclays
Hunter Lloyd takes BNY Mellon FX sales director role
The hire complements recent advancements in its FX business
NatWest hires Amann as FX sales director
Martin Amann joins from BNPP and is based in Stamford, Connecticut
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific