Exchanges
CME confirms Houston as new global head of FX
The former Deutsche Bank head of FXPB and OTC clearing for Emea will report to Sean Tully in his new role
February volumes fall after good start to year
Average daily volumes reversed January's trend and dropped across all major FX platforms
EU and US reach CCP recognition deal
US counterparties will be able to continue providing services to European market participants
LSE and Deutsche Börse strike deal
Two exchanges unveil details of "merger of equals", which will create Europe's biggest exchange group, UK TopCo
Wells, Choudhury leave ForexClear, according to reports
Wells has been instrumental in building the service since 2011
ICE considers bid for LSE to stop Deutsche Börse
The move by the US group could prevent a "merger of equals" between the two European exchanges
LSE in merger talks with Deutsche Börse
A deal between the two would forge the largest European exchange group, challenging US competitors
Hong Kong Exchange to offer renminbi futures
The move aims to deepen links with mainland China and give investors new ways to tackle a fall in offshore liquidity
Breaking down the barriers
With parts of the over-the-counter FX market acquiring exchange-style characteristics, the exchanges themselves are becoming more customised
Schism narrows between OTC and exchange-traded FX
As exchanges push into FX, a bridge is being built between the two worlds
January volumes up on December, down on year
Average daily volumes rose across major FX platforms, but were far off the numbers posted a year ago
Houston understood to be seeking exchange role
Deutsche Bank's former FXPB head is believed to be eyeing a senior role at a major exchange
On-Sef FX volumes slump to year lows in December
End-of-year numbers down a quarter from the highs of March
FXCM study underlines segregated pricing advantages
Retail clients gain better or equal prices than on interbank and futures platforms more than 90% of the time
Singapore grants LCH.Clearnet clearing house recognition
Clearing house expects tremendous demand once mandate kicks in
Hotspot launches private liquidity pool tool
Users will be able to create their own customised pools to suit their trading needs
Samsung Securities gains third-party access to CLS
The securities company is the first non-bank financial institution to join CLS in South Korea