News/Wholesale
ADS Securities to pull back from London, Watson resigns
ADS Securities London will become regional base, redundancies on the cards
FX markets not positioned for Fed hike
Investors are still sceptical of Fed action, and participants are looking at commodity currencies for better opportunities
BIS figures reflect tectonic shifts in market structure
Decline of headline figures in the survey pose questions over how much the market has changed in three years
TraderTools plans buy-side build-out
Firm puts buy-side clients in its crosshairs; discusses potential execution options and plans to tap hidden pools of liquidity
Northern Trust partners BEx to improve FX offering
Clients' evolving trading strategies and the need for more sophisticated expertise are behind the asset manager's decision
New lows expected for sterling before Brexit fears settle
More bad news could be on its way
Hunter Burton Capital launches new FX fund
The income fund will focus on short-term market volatility
FXCT project signs up 10 partners
Galinov-led central tape initiative expected to go live this year
Icap clinches $65m CFETS deal
Icap-owned EBS BrokerTec will provide technology for fixed-income and FX electronic execution services in China
Thomson Reuters to offer 2pm WM/R benchmark
For corporates requiring a tradeable reference rate to settle cross-border transactions
Record submissions for this year's awards
Shortlist of the 13th FX Week e-FX awards announced
Global Code architects pledge to keep principles updated
The FX code of conduct will evolve to reflect market changes
New FX code gains overwhelming support
Code covers ethics, governance, information sharing, execution, risk management, confirmation and settlement
GTX expands with senior sales hires
O'Connor and Darsses join as managing directors
Sydney-based Smoker lands top job at Saxo
Ben Smoker joins from Gain Capital, while Kit Kritikos, formerly of JP Morgan, heads institutional business for Australia
FXSpotStream's Schwarz eyes FSS model roll-out away from FX
No concrete plans yet, but rates and credit 'would make most sense', Schwarz says
Fed refrains from intervening in Q1, but valuations push reserves up
Despite the Fed not intervening, US FX reserves rose on the back a weakening US dollar
Icap announces post-merger name
Once the interdealer broker sells its global broking business to Tullett Prebon, the new company will be called Nex Group
FXCM relaunches institutional website
Broker took down FXCMPro.com after last year's Swiss shock while it decided the future of its institutional business
Marquard takes on strategy role at CLS
He is still general counsel and representative for legal matters to CLS's executive management committee and CLS Group board
TCA requires standard benchmark and practices
The quest for a universal way of measuring execution quality continues
Banks are not catering to our FX needs, say SMEs
Such barriers may hinder firms from achieving their global expansion aspirations
Credit remains the biggest headache in FX
FXPB adjustment pressures clients as service providers tackle rising costs
FCA expands accountability to HFT traders
New rules published by the UK watchdog aim to strengthen individual accountability in the financial industry