News
Sucden Financial launches OTC options tool for FX
Broker partners SuperDerivatives to provide clients with pricing tool and independent data
Molly Duffy moves to Standard Chartered as head of sales
Duffy, who was previously at Credit Suisse, will also serve as co-head of financial markets in the Americas
INTL FCStone launches cross-border payments intelligence portal
Global Payments Network aims to give clients actionable news and analysis from local markets
John Gaudino trades Barclays for Citi
He will be a G10 spot trader in New York
Last look settlement fund could hit $1 billion in US
Class action filing service firm Battea says the fixing pot for claimants may reach $3bn and to expect more last look cases
FCA publishes final Priips rules
“In calculating costs associated with FX, the arrival price must reflect a reasonable estimate of the consolidated price" – FCA
Curry out; Noreika steps in as acting comptroller of the currency
Curry was sworn in as the 30th comptroller on April 9, 2012; lawyer with banking regulation experience replaces him
Ex-Blacktree founders launch TCA firm Tradefeedr
Balraj Bassi and Alexei Jiltsov who ran the Quantitative FX hedge fund for 6 years have now set up a FX analytics company
Fenics Market Data hires two in the US
Fitzpatrick and Machado will be based in New York
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
Apac overtakes Emea for exchange-traded FX, says WFE
The move is largely due to higher volumes of rupee futures and options being traded on India’s exchanges
EBS BrokerTec becomes Nex Markets
Average daily volumes on the venue fall 12% in April, compared with March, and slide 7% versus April 2016
Late LEI registrations might not be ready for January 2018, Gleif says
If firms leave their LEI registration application until the last quarter of 2017, they might not receive their identifier in time
Billions could leave US assets as dollar optimism wanes
For some currency specialists, it may be time for investors to revisit their allocation to dollar-denominated assets
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
Puth: buy side plays crucial role in FX Global Code adherence
Understanding the services offered by providers will allow clients to exercise caveat emptor rights
Last look times should reflect faster data, say panellists
Risk warehousing timeframes have shrunk; market-makers no longer divided into banks and non-banks
European Union dissatisfaction remains a risk for markets
Economists question whether France and the EU have surmounted their eurosceptic hurdles
Rendon opts for 'moral victory' and follows Bailey into fashion
Crédit Agricole's global head of FX options retires from FX and looks to launch a line of 'gentlemen's undergarments'
Buy side abandons ‘guessing’ execution outcomes
Weisberg: “I think the relevant question today is: am I doing that right, and how am I sure I am getting the best outcome?”
London retains top spot for offshore renminbi trading
The capital continues to dominate, despite the Chinese currency's overall share of payments shrinking, Swift says
FX Week e-FX Awards deadline extended to May 8
Submission period for entering the 2017 FX Week e-FX Awards extended to reflect high demand
IMF data shows limited adoption of renminbi as global reserve
Latest Cofer findings reveal renminbi holdings accounted for 1.07% of global FX reserves at end-2016