Wholesale
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
Brexit would make London lose out in FX, says Agrawal
Khan's business adviser says Chinese and EM investors would rather develop a presence on the continent in that case
FXCM relaunches institutional website
Broker took down FXCMPro.com after last year's Swiss shock while it decided the future of its institutional business
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
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
FX Focus: The new FX equation
The latest quarterly supplement, FX Focus, is now online
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
Brandon-Bravo quits GTX
FX veteran with more than three decades of experience leaves the ECN after six years
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
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
Iorio departs Barclays after seven years
Jim Iorio, head of global FX and commodities distribution, leaves the UK bank
ECB takes steps to discourage trading on euro reference rate
The European Central Bank delays publication of the euro rate until 15:00 GMT and warns it may delay a whole day if trading activity linked to the rate does not decline
Farewell to self-regulation, goodbye self-policing
With a global code of conduct for FX due in May 2017, participants are only too keen to see the back of an unregulated market
UBS pays $135 million in FX benchmark case
The Swiss bank is the latest to settle civil litigation in the US over the manipulation of FX benchmarks
RJ O’Brien snaps up The Kyte Group
The wholesale broker strengthens its European business as GFI Group offloads one of its subsidiaries following sale to BGC
Standard Chartered sees strong FX volume growth
But growth is offset by margin compression; fellow UK bank Barclays ups war chest for FX investigation to £1.25 billion
Conference delegates blast SNB for Swiss move
The SNB's decision to remove its minimum exchange rate in the franc should have been done with more notice, conference delegates say