Currency
Riksbank opens procurement for development of e-krona
Central bank intends to commission platform for electronic central bank payments in 2020
Court considers ‘Wild West’ practices in HSBC frontrunning case
Seeking to overturn Mark Johnson’s conviction, his attorneys argue he violated no laws or industry norms when trading on behalf of Cairn
FX surveillance gets personal in hunt for market abuse
Algorithms underpinning today’s platforms are learning traders’ habits – even their voice won’t escape detection
Rabobank: dollar and yen to strengthen due to safe-haven flows
Relatively attractive interest rate differential between dollar and other G10 currencies boosts appeal
Curex to launch new market impact tool in June
Aims to give clients a deeper look at the impact of their trading
Trump administration proposes new rules to punish currency manipulators
Move would let US pursue more aggressive trade policy measures
HSBC looks to AI to unearth data patterns around commercial activity
As DLT initiative brings forth more data, the bank is looking to improve services for corporate clients
Citi revamps algos to improve sweep impact predictions
Bank works to make some aggressive strategies more intelligent when handling liquidity and filling orders
SEB: tariffs won’t dampen China’s growing influence on global economy
But in the short run, threats will knock renminbi and other emerging market currencies
TraderTools to allow banks to white-label forwards and swaps
Firm gears up to give regional banks an algo suite in coming weeks to help market-making abilities
Record boosts presence in North America
Specialist currency manager bolsters on-the-ground presence as it eyes market opportunities in region
Currency losses at North American corporates rise to nearly $21 billion
Currency gyrations from geopolitical events continue to create headwinds for some businesses
Ashton lands at Corellian Global Investments
After successfully fighting price-rigging charges in US, Christopher Ashton educates market participants on conduct issues
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
Electronic trading differentiates dealers competing for market share
Technology and business scope keep JP Morgan and Citi at the top, but selectivity has some dealers gaining momentum
BNY snags Savage as head of FX sales in North America
Savage was previously CEO at CCTrack Solutions, a registered CTA that closed last year
Brexit delay to keep sterling in well-trodden ranges: Gain Capital
Green shoots of spring growth in global economy bring dollar, euro plays to the fore
Deutsche Börse in talks to buy Refinitiv FX units
Negotiations confirmed, but not whether FXall is on the sale block
Northern Trust promotes Arteta to head of Americas sales
Based in Chicago, Arteta brings a wealth of FX and fixed income experience to the role
LCH brings automation to ForexClear
Firm collaborates with Genesis to automate exercise and options expiry
LMAX reports 21% increase in trading volumes
Activity in New York and Asia reportedly boost activity across group’s exchanges
Where prosecutors stumbled in Bogucki and Cartel cases
Courtroom losses suggest failure to read the FX industry correctly before jumping into action
Robert Bogucki acquitted of fraud charges
Judge throws out case against former Barclays trader