Liquidity
CME Group gets Dutch approval for Amsterdam entity
Some businesses will transition to CME Amsterdam BV to keep serving EU27 clients
RBC Capital Markets hires Neal as US head of Ficc
Michelle Neal to exit BNY Mellon, join Canadian bank in June
Barclays launches new algo on Barx platform
Barx Peg offers access to the bank’s franchise liquidity pools
TraderTools hires Putz in sales
Andreas Putz joins FX liquidity aggregator from HC Tech
RBI and Indian government boost banking sector as election nears
Central bank injects liquidity into banks as government recapitalises more state-owned lenders
USD/CNH futures trading hits record high in Singapore
Trade dispute-driven volatility sustains momentum as overall FX futures trading peaks
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
BNY Mellon opens Program Trading Desk in FX business reshuffle
Bank adds segregated execution desk to boost confidentiality for clients with high-level transactions
LiquidityFinder turns on liquidity matchmaking site
The website offers a consolidated view of liquidity providers for simple comparison
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
Liquidity the biggest hurdle for traders in 2019 – JP Morgan survey
E-trading poll of 200 institutional traders highlights impact of Mifid II
OTCXN goes live with LiquiMatch FX trading venue
The hybrid FX ECN has Tier 1 banks on board
Johnson’s counsels press DoJ to clearly explain his crime
Lawyers plan to argue the US’s “ever-shifting” theories show prosecutors are unclear what crime he committed
PBoC makes record fund injection into financial system
Central bank pumps 570 billion yuan via open-market operations
Independent Reserve joins OTCXN network
Australian crypto exchange joins to attract more institutional liquidity
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific
Yen volumes of 29 times normal on January 2 open – CLS figures
Soaring volumes coincide with higher volatility in yen crosses in early hours of Asian trading session
Citadel Securities: algo trading to rise, buy side seeks broader liquidity provision
As TCA metrics highlight the benefits of non-bank liquidity provision, Citadel Securities expects more participants will be drawn to its offering
CLS: mitigating settlement risk is crucial as volatility rises in 2019
Geopolitical factors expected to drive markets this year
Flow Traders to provide liquidity for Eurex FX futures
The move is central to the firm’s intention to become a leading FX non-bank market-maker
Fed’s room to hike spells trouble for EMs – Scotiabank
Central banks’ interest rate tightening will make it hard for emerging markets with large deficits
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
Asset managers hope for common FX tape
Monitoring and ensuring liquidity providers adhere to their own disclosure is difficult, but must be done
Morgan Stanley invests $15 million in Integral
Cash injection enables Integral to pursue platform expansion across broader set of currency participants