United States (US)
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
BNY Mellon opens Program Trading Desk in FX business reshuffle
Bank adds segregated execution desk to boost confidentiality for clients with high-level transactions
Liquidnet names Brian Conroy as president
Conroy joins from Fidelity International
Citi and HSBC go live on Capitolis Novation as first prime brokers
The two banks have used the service extensively across their client base
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
Allure of EM currencies grows for investors
Market participants look at strategic plays beyond G10 amid concerns about global growth
North American corporates lose $11bn on FX volatility
Almost six times as many companies reported currency headwinds in third quarter, FireApps analysis shows
Perkins promoted to lead FXPB as Citi shakes up prime
Christopher Perkins also runs the US bank’s OTC clearing business
Taendler to retire from Goldman Sachs after 20 years
Recently named a partner, Christopher Taendler helped grow the FX franchise across EM and developed markets
Hope fades for threshold hike in new IM rules
Smaller buy-side firms could still escape compliance burden via expected regulatory guidance
Dollar looks set to hold its own in 2019 – Informa Global
It’s a struggle to find sustainable alternatives to the greenback among G10 peers, FX fundamentals manager says
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