Currency
EM structural strength in focus as dollar rallies, CIBC
But dollar gains could soon lose steam
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
FX lawsuits: the roundup
The number of cases related to conduct in foreign exchange markets has multiplied. Here is our handy guide to developments so far
DoJ indicts another FX trader on price-rigging charge
US says Akshay Aiyer conspired with other New York-based traders at rival banks to fix prices in Ceemea currencies
FX Cartel loses bid to dismiss criminal case
Judge says SFO investigation was a sign the currency traders could be prosecuted somewhere
Asian flows bloom post-Mifid II, TR's Penney says
Trade flow patterns are also changing, leading TR to launch a direct THB/JPY cross sometime this year
Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
Johnson sentenced to two years in prison
Johnson was taken to prison immediately after the hearing, but lawyers are preparing for appeal argument
Former Wells Fargo FX trading head sues for wrongful termination
Simon Fowles claims he was fired days before he intended to alert regulators of a payment-incentive plan that fostered greed
NY attorney general launches inquiry into cryptocurrency exchanges
Thirteen major virtual-currency trading platforms must complete a questionnaire on their fees and operations by May 1
FX veterans launch Global Code consultancy
Nick Downes and Julian Gladwin form Axiom Global Advisors to independently assess firms’ preparedness for adherence
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
Ross Thalheimer exits 360T
He worked at the company for about five years
FX volumes dip in March
But trading activity on most platforms remains strong year on year
China's FX reserves rise in March
The $8.3bn increase is a slight turnaround from February’s decline
Fortex Technologies hires Hendrix
Victor Hendrix will create and lead its newest division, XCloud, a global server grid providing trading infrastructure as a service
Gain Capital expands cryptocurrency offering
Customers can trade the digital coin against the euro, pound and Australian dollar
ADS Securities adds more cryptocurrencies to Orex platform
The firm reduces spreads on bitcoin and ethereum to lower clients’ trading costs
Elysium partners Cryptalgo for cryptocurrency trading solutions
The firms introduce the solution to financial institutions as interest in digital currencies rises
TD Securities: dollar rebound expected in near term
But political tensions could hinder the greenback’s rally
US seeks seven-year minimum prison term for Mark Johnson
Defence disputes whether Cairn Energy suffered a loss as a result of Johnson’s misconduct
Mitsui & Co begins settling trades through CLS
It is the first Japanese corporate to join the service via third-party access
Currency movements helped US and Latam investors in 2017
A new report from Natixis shows a weaker dollar helped investors outperform their European peers
Philippines bankers partner Bloomberg on FX initiatives
Bloomberg has been selected as the calculation agent for USD/PHP and bankers will use FXGO for spot trading