Articles by Laura Matthews
FX HedgePool goes live with three buy-side firms
Two US buy-siders trade with European firm on peer-to-peer utility created for them to source liquidity from each other
CMC: fiscal stimulus holds potential for pound upside
Amid uncertainty around Brexit clearing, upcoming UK budget may add support to UK currency
GFMA: expect new trade lifecycle technology to surface in 2020
FX industry will see more use cases for algos, AI, distributed ledger technology and order routing
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
FX HedgePool: move to clearing may be irresistible
Jay Moore says balance sheet pressures will redefine buy-side credit relationships
Debelle: last look will not be banned
GFXC head says market participants have a choice of whether to use a liquidity provider that employs the practice
Instinet launching FX agency trading business
Execution services arm of Nomura prepares agency-model e-trading platform for spot FX
Credit Suisse hires Fuligni in FX sales
Hire comes as Swiss bank invests in platform and markets franchise
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
SVB Financial Group invests in TickTrade Systems
Parent company of Silicon Valley Bank partners Toronto-based fintech to strengthen FX offering as client base goes global
JP Morgan trader Aiyer guilty of price-fixing conspiracy
Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market
iBanFirst expands with NBWM acquisition
More than 1,000 clients will gain access to a variety of FX products and services
Chatroom dealings can benefit trading – Aiyer case expert witness
Academic finds 162 examples of traders matching each other in rand chatroom, generating savings of several thousand dollars per trade
BNPP appraisal challenges Katz’s credibility
Former trader’s supervisor highlighted poor performance on FX swaps and bad risk management in 2011 review
Katz pushed complicated trades off on Aiyer
Former Barclays trader lost large trade when defendant delayed pricing it for him
Katz: 'I couldn’t compete with Aiyer'
Former trader said Akshay Aiyer had more resources and that he would sometimes quote the defendant’s prices
Jason Katz: ‘I wasn’t ready to admit what I had done’
Taking the witness stand, former trader admits he was initially untruthful to DoJ
Cummins walks back co-ordination comments
Chris Cummins confronts insecurity with certain currencies and trading styles as defence pulls back curtain on chat snippets
Cummins: ‘I didn’t surrender all the details’
Key witness in criminal case against Aiyer admits lying after agreement that his words won’t be used against him at a subsequent trial
Cummins claims deal with Aiyer and two others to boost profits
Former Citi trader alleges doing “whatever it takes”, including spoofing markets and triggering clients’ stop losses
Ex-JP Morgan trader on trial for rigging
Justice dept claims fake trades duped market but defence argues against overly simplistic view
Knight tapped to lead Baton’s Emea expansion
Citi veteran to head Emea as California-based firm opens London office
Johnson seeks rehearing, argues lower fraud bar threatens markets
Former trader’s attorney says that in affirming his conviction, the panel has set a low bar for fraud
Spotex introduces risk engine to aid PB expansion
Periscope allows multiple levels of brokers to extend access to the firm’s institutional ECN