PEOPLE
PEOPLE
Bank of Montreal in Chicago has hired First Chicago's former chief spot dealer Steve Matsuo as a senior proprietary trader, an official confirms. Matsuo left First Chicago a few weeks ago (FXW, April 14). BMo has also hired Gerry Connor to trade dollar/Swiss franc. Connor, who comes from a similar position at AIG, will report to spot chief John Martin.
Meanwhile AIG has made some new hires in Hong Kong. Gregg Romuntd will run the Asian currency options business in Hong Kong, says Gary Davis
More on Risk Management
Four more banks join CLSNet
Bilateral payments netting service using distributed ledger tech now has nine firms live
Investment Association calls for standardisation of FX reject codes
The 13 new high-level categories will allow rejection causes to be remedied quicker
FX HedgePool goes live with three buy-side firms
Two US buy-siders trade with European firm on peer-to-peer utility created for them to source liquidity from each other
BIS calls for wider adoption of FX Global Code
Yet some industry participants question the benefits of asset managers signing up to the voluntary principles-based document
Refinitiv pledges FX brokerage to Australian bushfire relief
The area already burned is triple the size of the land destroyed by the 2018 California fires
Morgan Stanley more than doubles Q4 Ficc revenues
All US banks see Ficc revenues improve substantially in Q4 versus a year ago
Colombia culls external reserve manager to boost competition
From 2016–18, the central bank reduced the number of institutions from seven to six
Cboe plans comeback in crypto markets
US exchange plans to offer crypto derivatives after previous attempts at regulatory approval to list crypto ETFs thwarted
