United States (US)
Concannon’s exit sparks management changes at Cboe
As Chris Concannon heads to MarketAxess, Cboe promotes Isaacson to COO
BNP Paribas hires Carly Lam in FX sales
Lam joins New York team, covering real-money clients
Patrick Pisapia lands at CBA
Pisapia and Nomura parted ways in summer 2018
BNY Mellon: 2019 will see support-side innovation
Get excited about innovation, but don’t take your eye off the fundamentals
G10 forecaster of 2018: CIBC sees weaker dollar in 2019
As the US economy slows and Fed tightening ends, the dollar will lose some ground, the bank says
CLS: mitigating settlement risk is crucial as volatility rises in 2019
Geopolitical factors expected to drive markets this year
FireApps: digitalisation of financial markets will accelerate
Banks are no longer just talking about digitalising their business; they have allocated hundreds of millions to it, says Wolfgang Koester
Kx Systems: ‘fill or kill year’ for Global Code adoption
We need systems that can verify whether a firm is in compliance with acceptable market standards, says Richard Kiel
Northern Trust: tailoring algos to suit client needs
Interest in algorithms is growing across the FX industry
CNH contracts on SGX break daily record in November
November was third-highest trading month for USD/CNH since contract began trading on the exchange
Egger joins Jefferies in sales in New York
Shawn Egger moves from FX trading platform FastMatch
US will not argue fiduciary duty in Bogucki case
Judge orders the issue is irrelevant and the US cannot attempt to prove its case on that theory
Fed’s room to hike spells trouble for EMs – Scotiabank
Central banks’ interest rate tightening will make it hard for emerging markets with large deficits
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
Schmidpeter to head business development at Curex Group
He is promoted to senior managing director and head of global business development
Investors eye Mexico and Brazil amid hopes in regime change
They believe a projected weakening in the dollar will support emerging markets
Weston joins Capitolis
Kate Weston takes up New York-based sales and development role
Volatility will not deter central banks
FX Week Europe panellists think central banks may see return of volatility as healthy mechanism that causes investors to recalibrate expectations
Morgan Stanley invests $15 million in Integral
Cash injection enables Integral to pursue platform expansion across broader set of currency participants
Bloomberg adds real-time market data service to cloud
Its front-office solution, B-pipe, is available via Amazon Web Services
Shterenberg to lead G10 and EM e-FX trading at Barclays
Based in New York, Alex Shterenberg joins the bank from BAML
Dollar-positive factors may run out of steam in 2019, says Rabobank
Last week’s Apec meetings indicated it is too early to assume a breakthrough is near in US-China trade wars
Best Banks Awards: BMO Capital Markets
BMO Capital Markets has been voted the winner of the Bank for Canadian Dollar award at the 2018 FX Week Best Banks Awards
BoE appoints Morzaria to chair sterling working group
Tushar begins his tenure at the start of 2019, replacing François Jourdain