Articles by Alessandro Aimone
BNP Paribas hires Shah as global head of G10 FX trading
London-based Shah will report to Adrian Boehler, global co-head of FXLM and commodity derivatives
London Stock Exchange Group boosts LCH stake
LCH’s activity has ballooned over the past 12 months, with its ForexClear platform clearing more than a trillion dollars’ worth of non-deliverable forward trades in August
Broadridge promotes Santangelo
London-based Santangelo will focus on Emea and Apac markets as president of international sales
Citi appoints co-heads of trade business in Emea
In their newly created roles, London-based Peadar MacCanna and Murat Demirel will report to Ebru Pakcan and John Ahearn
LCH SwapAgent completes first trades
Citi and Deutsche Bank executed the first trades, a Swiss franc-denominated interest rate swap and euro-denominated inflation swap
PBoC scraps reserve requirements as capital flows ease
Renminbi slides against dollar as Chinese central bank reversed two measures it put in place to fight speculation
Asian corporates bullish on euro and sterling
Research by East & Partners shows a bullish case for EUR/USD and GBP/USD from business across Hong Kong, Singapore, Malaysia and the Philippines
Active managers outperform in first half of 2017
Moderate risk portfolios outperform 60/40 portfolio represented by S&P 500 & Bloomberg Barclays US Aggregate Bond Index
Renminbi’s share of global payments rises slightly in July
China's currency retakes fifth place, but its overall share shrinks again, Swift says
Nippon Life gains third-party access to CLS
The life insurer is the first non-bank financial institution to settle FX trades with CLS in Japan
ADS Securities rolls out bitcoin CFD trading, upgrades platform
Product available to broker's Mena clients on MT4 platform; new version of Orex includes spread-betting for UK clients
SNB: from floor to ceiling
Swiss National Bank may ‘begin to act as a ceiling on the exchange rate’, says HSBC
FCA grants APA approval to Abide Financial
Authorisation allows Nex Regulatory Reporting, powered by Abide, to provide enhanced services ahead of Mifid II
Lacklustre dollar will help EUR/USD climb – CBA
EUR/USD is expected to trade at $1.20 by mid-2018 and hit $1.30 on a longer time horizon
ECB minutes reveal concerns over euro strength
Single currency has risen almost 6% over last three months, touching $1.1906 - highest since January 2015
IMF warns China over limited progress on reform
Fund notes the challenges posed by the “impossible trinity” are becoming apparent and need to be addressed
Nex Optimisation boosts Harmony as Mifid II deadline approaches
Traiana’s Harmony has been extended to enable participants to exchange additional information to assist with meeting a number of regulatory obligations under Mifid II
Crédit Agricole CIB appoints head of global markets in Seoul
Silvia Kim, formerly of Barclays, reports to Franck Dargent and Jean-Pierre Trinelle
China FX reserves rise for sixth consecutive month
PBoC figures show $24 billion increase, bringing the total stockpile of reserves to a nine-month high
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
BoE appoints Ramsden as deputy governor for markets and banking
He replaces Charlotte Hogg, who resigned in March
Euro bull run is far from over – Danske Bank
EUR/USD expected to trade at $1.22 by H1 2018
ECB outlines approach to implementing FX Global Code
Adherence to the code of conduct will be a prerequisite for membership of the ECB’s Foreign Exchange Contact Group
London FX trading at three-year high, despite Brexit
Turnover hits daily average of $2.44trn in April, 12% higher than in October 2016 and up 10% on a year ago – Bank of England