Currency
Bogucki plans to fight fraud charges in California
Former Barclays FX head returns ‘not guilty’ plea during arraignment at Brooklyn court
TraderTools taps Abacus for cloud service
The venue gains the global scale and infrastructural expertise to expand ULN
Cartel lawyers to argue for case dismissal on January 29
The legal representatives of Ashton, Ramchandani and Usher will ask a federal judge to throw out the case against the three men
China reportedly tweaks yuan fix
Markets reacted by selling the yuan, which fell 0.5% against the US dollar to 6.5291 from 6.4968 on Tuesday – its biggest drop in two months
New records for LCH volumes in 2017
Strong growth driven by roll-out of new products, regulatory change and onboarding of new customers globally
Monex Europe: bearish dollar outlook continues
But analysts are looking out for potential upside risks in US rates and inflation
Mark Johnson to be sentenced on February 15
Johnson’s lawyers are asking the court to allow him to return temporarily to the UK before then
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Renminbi payments jump in November
The currency overtakes Swiss franc and Canadian dollar as sixth most used for global payments – Swift
Thomson Reuters launches MTF
The new MTF will provide FXall and Forwards Matching users with a compliant source of liquidity
Markets underpricing impact of tax reform, says BAML
“I think the market is not appreciating the risk of growth,” says David Woo, head of global rates and FX
LBC selects Bloomberg’s FXGO for treasury
Philippine logistic company eyes further expansion and looks for seamless trade execution
CFTC approves CME and Cboe bitcoin futures
But warns investors it has limited statutory authority over the underlying cash markets and exchanges for bitcoin, which are largely unregulated
LCH SwapAgent processes first cross-currency basis swap
It is the first non-cleared trade to be transacted as LCH STM, SwapAgent’s settlement-to-market legal and operational framework
Renminbi's share of payments drops 19% in October
Chinese currency slips behind Swiss franc and Canadian dollar as seventh most-used currency for global payments – Swift
Regulations often neglect FXPB, panellists say
Post-crisis regulatory efforts tend to focus on core market-making, leaving credit intermediators in a confusing limbo
DuCharme joins Mesirow
The Russell Investments veteran joins as director of currency solutions
Central banks to stay dovish, but messaging is key
Paying attention to what central banks say is the way to anticipate their moves in 2018
BitFlyer launches US-based platform
BitFlyer USA is designed for professionals trading $100,000-plus in virtual currency each month
Nielsen, Wandhöfer and Weisberg join B2C2 advisory board
Founded in 2015 and headquartered in London, B2C2 is a privately held crypto-currency liquidity provider
FastMatch opens FX Tape to public
Data service attracts a monthly cost of €40
Crown Agents Bank launches FX trading platform
UK-regulated bank provides a link between developing markets and OECD governments, financial institutions, NGOs and corporates
BTIG hires Hobert as managing director of FX team
David Hobert is tasked with developing new business as the firm looks to expand its currency footprint
Integral appoints Srivastava as chief revenue officer
Vikas Srivastava has worked at Integral since 2010, overseeing its regulatory initiatives