Spot market
StanChart hires Greiner for G10 trading
David Greiner recently worked at Nomura
Crawford is back at BNP Paribas
This time, Shaun Crawford is working in the New York office
JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
John Gaudino trades Barclays for Citi
He will be a G10 spot trader in New York
Spot volumes rise in March
Secondary venues see robust volumes; primary platforms also tick higher
EBS BrokerTec restructures; four management appointments
With a focus on seven core areas, the firm recruits Tim Cartledge as global head of FX and head of product
HSBC snags Citi’s chief dealer in New York
Brent Donnelly had been Citi’s chief dealer since March 2014
Businesses see spot FX volumes fall 42% in four years
Research by East & Partners shows a decline in contributions to the FX spot market, particularly from Australian firms
FX market activity shrinks for first time since 2001
The BIS's triennial survey of FX markets shows a headline figure of $5.1 trillion, down from $5.4 trillion in 2013
Difficult liquidity conditions are here to stay, say Asia conference panellists
Delegates at the 11th FX Week Asia conference hear of tough times ahead
New Zealand firms raise FX hedging amid elevated uncertainty
Survey shows increase of over 10% in FX forwards usage
Nasdaq eyes rolling spot to capture FX share
US firm is the latest exchange to move into FX
Agency desks take on risk to raise revenues
Some intermediaries are taking on intra-day risk
Hotspot taps into FX dark pool demand
Large-order clients turn to off-market trades
Parikh hands in resignation at Goldman Sachs
US bank yet to accept Parikh's intention to leave his role
Spot volume retracts by one-third
Central bank surveys show spot FX hit badly since 2013
Last look orders come under scrutiny
Buy-side pressures market-makers to eliminate practice
The squeeze on spot FX
Market-makers feel squeeze on profits as spreads continue to tighten
Clearing of physical FX in China and India a concern, says GFXD’s Ngai
Global FX division managing director David Ngai warns of the challenges associated with centrally clearing physically delivered FX products
Yen volatility drives record turnover, central bank surveys reveal
Volume was up across forex products in the UK and US in April 2013, with just over $1 trillion traded daily in the US and more than $2.5 trillion in the UK
Rolling spot is a swap in retail market, says CFTC’s Chilton
Bart Chilton confirms rolling spot transactions in the retail market renders the contract a swap under the Dodd-Frank Act, but definitions still unclear in institutional FX
ACI to develop new spot FX standards
Industry association plans to complete project by year-end to bring greater clarity to the definition of spot FX across currencies and geographies
Start-up 7Hedge plans to take FX spot to exchanges
New company led by market data veteran Rafah Hanna and former Gain Capital salesman Michael Siwek plans to help exchanges develop FX spot capability
Tradition launches ParFX, aims to topple EBS and Thomson Reuters
Bank-backed spot FX platform ParFX hopes to rival incumbent platforms EBS and Thomson Reuters