Articles by Alessandro Aimone
Tibor Gergely joins UniCredit
Gergely joins the Italian bank after spending six years at Bank of America Merrill Lynch
Northern Trust launches FX algo suite
The bank aims to deliver greater transparency and flexibility to clients
Broadridge and Spence Johnson join forces
The strategic alliance enables asset managers to analyse retail and institutional data together
China FX reserves rise for fourth consecutive month
PBoC figures show $24 billion increase, resulting in fourth monthly reading above $3 trillion
China tweaks the fix
CFETS announces intent to introduce a countercyclical adjustment factor to the USD/CNY pricing mechanism
Yuan surge is unsustainable – Westpac
USD/CNY is expected to trade at 7.00 in Q3, and at 7.20 by the first half of 2018
Renminbi’s share of global payments slips behind Swiss franc
Decline in the Chinese currency’s internationalisation continues as it loses its ranking of sixth place globally – Swift
FX Global Code gains support from Barclays
UK bank says it is committed to implementing the good practices described in the Code
Nex Group rolls out post-trade platform
Nex Infinity, created by Nex Optimisation, goes into production testing for FX and cash equities in July
Best trades EBS for Nex Optimisation
Stephen Best appointed head of FX solutions, after two years as head of FX options at EBS
Choussy heads up trade and portfolio management at Nex Optimisation
Andrés Choussy worked at JP Morgan for 13 years
Euronext buys FastMatch
European stock exchange enters FX space with purchase of ECN for initial $153 million
Ager joins Rosenthal Collins as institutional FX president
He was previously a senior director of New York FX sales and trading at RJ O’Brien
LMAX Exchange reports record profits for 2016
FX platform posts EBITDA of £5.6 million, representing annual rise of £4.2 million
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
Nex launches new JPY benchmark and teams up with FFAJ
Nex Data and Nex Markets provide margin ratios for 170 currency pairs, following new regulatory requirements in Japan
Bafin toughens rules on CFDs
New directive for August 10 requires implementation of negative balance protection for CFD products in Germany
Celer Tech hires Rob Wing as head of Americas and Emea sales
Wing exits TradAir, where he was head of sales for three years
Tolat loses CTO role at EBS, becomes senior adviser
After four years in the role and three years as global head of products
China FX reserves rise for a third straight month
PBoC figures show increase of $20.4 billion, resulting in the third consecutive monthly reading above $3 trillion
Sterling isn't out of the woods yet – SEB
GBP/USD expected to trade at 1.25 in Q3 2017, and at 1.23 by the first half of 2018
Greater adoption of TCA in FX expected – Greenwich Associates
Survey shows increasing use of algos and electronic venues will spur the development of transaction cost analysis
Retail brokers hike margins ahead of French election
IG Group, FXCM and Saxo take first steps to reduce risk for clients, while others will take action later this week
XTX Markets appoints Eric Swanson as CEO for Americas
Swanson departs Bats Markets after nine years and will start his new role on June 1