FX options
Bogucki lawyers seek dismissal for third time
Defence attorneys ask court to look into instructions given to grand jury about the nature of Barclays and HP’s relationship
Iqbal returns to Goldman to head exotics trading
Adam Iqbal left Goldman in November 2017 for a portfolio manager role at Pimco
Michelsen joins Handelsbanken
Otto Michelsen moves to Handelsbanken from Arion Bank as an FX options trader
Spectra FX hires three for senior roles
Chopra joins the firm in New York, Bretagne and Gribble in London
CME shifts FX options expirations in step with OTC
Latest move by exchange to make FX offering more harmonised and engaged with over-the-counter space
FX turnover hits new record high in UK
All global currency trading centres register growth in April, compared with previous semi-annual survey
LCH launches FX options clearing
The first clearing service for deliverable FX is available initially for eight currency pairs
Robert Bogucki loses motion to dismiss
But judge says the two counterparties to the trade have no standing to sue Bogucki or Barclays
BNY Mellon launches FX options trading
The move fills a strategic gap in the bank’s big push into foreign exchange
Phil Weisberg joins oneZero’s advisory board
The firm hopes to use his institutional market insight as it seeks new opportunities
Citadel hires Findlay in London
Iain Findlay joins the hedge fund from Citi as an FX options trader
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
Ficc veteran Jeffery joins Mosaic as chairman
Jack Jeffery becomes chairman of data analytics company with over 35 years of experience in the financial markets
Dah Sing Bank to use Fenics for FX options
The regional bank will use Fenic’s services to run its FX options pricing and distribution
Bogucki hearing scheduled for May 23
Defence lawyers are set to argue that the charge is time-barred and not applicable to this case
FX volumes dip in March
But trading activity on most platforms remains strong year on year
Shaffer joins StanChart’s FX options team
Eric Shaffer spent 13 years at Citi before making the move
New records for LCH volumes in 2017
Strong growth driven by roll-out of new products, regulatory change and onboarding of new customers globally
Shift towards futures inevitable, says Greenwich
To address the cost pressures associated with regulation, both buy- and sell-side participants have started analysing the impact of adopting futures in their trading habits
AWARDS JP Morgan claims best FX bank title
The US firm is voted the best bank for foreign exchange dealing at the 2017 FX Week Best Banks Awards, taking the crown from peer Citi
Oh swaps Mizuho for BNP Paribas
FX options specialist will focus on expanding the French bank’s Latin America footprint
Market participants start testing Mifid II systems
But they do not feel fully ready for the sweeping changes taking effect on January 3