Trading
G10 FX revenues hit two-year highs – Coalition
The first quarter of 2018 saw a reversal of revenue contraction seen in the last two years, with profits up 20%
Capitolis to go live with FX novation service
Following the launch of the credit-switching service, Capitolis is set to go live with novation in partnership with BlueCrest, Brevan Howard, Citi and HSBC
Record wins Sunsuper mandate
UK-based specialist currency manager gets AS$350m mandate as part of multi-strategy product
CLS profits down in 2017 as firm invests
Settled volumes continue to grow year-on-year and underlying profits are in line with expectations, Puth says
Thomson Reuters dives into crypto data
Real-time rates data feed covers bitcoin, ethereum, bitcoin cash and major currencies
European banks face FX volatility on bail-in ratios
Use of funding in foreign currencies creates new risk, especially in non-eurozone countries
Corporates pay little heed to last look or FX Global Code
A bank signing a statement of commitment to the 55 principles is not a deciding factor for corporates
Platform volumes dip in April, FastMatch breaks trend
As volatility dampens in April, FX volumes tick lower
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
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
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
FRTB threatens dynamic FX hedging of capital ratios
Industry says recent Basel proposals are unclear and retain burden of pre-approval for hedges
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
Trump accuses China and Russia of currency devaluation
US president’s comment contradicts findings of his Treasury department’s recent report
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
Exegy launches FX market data and order-entry solution
Trade Port FX allows market participants to organise FX market access through a single vendor
FX volumes dip in March
But trading activity on most platforms remains strong year on year
CloudMargin secures $10m to fund growth
Provider of collateral and margin management deepens relationship with IHS Markit
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