News
Rae jumps to Morgan Stanley
Tom Rae makes the move less than a year after joining Barclays
Hotspot appoints Weinberg as head of FX liquidity analysis
In the newly created role, Jon Weinberg is tasked with creating sophisticated data analytics to improve the trading experience
Japan nominates two to BoJ board
Nominations of Suzuki and Kataoka announced on April 18
Citadel Securities steps up push into disclosed trading space
Non-bank market-maker hires three to expand its direct client business and European coverage
Good start for US banks’ Ficc revenues in 2017
Most US banks see higher fixed-income, commodities and currency revenues in Q1, on a quarterly and yearly basis
US Treasury fails to brand China a currency manipulator
In its first report on FX policies since Donald Trump took office, US Treasury issues China with a warning only, despite the president's campaign promise
CloudMargin hires two to expand sales and client base
The firm boosts its New York and London sales teams in the hope of attracting more sell-side business
CME Clearing and TriOptima clear first client trades in Mexican peso
Until now, only clearing brokers or FCMs were eligible to use the triReduce service to compress trades
Sterling braced for more uncertainty as PM triggers election
Analysts look at opinion polls after Theresa May calls for general election on June 8
Goldman Sachs: Natarajan retires and Mountain climbs aboard
Natarajan, who headed FX options trading, had worked at the bank since 2002
Barclays’ Hamilton retires
Ian Hamilton recently headed the bank's FX business in Singapore
Webinar: hosted by FX Week and ACI FMA on the Global Code of Conduct
Listen to the recorded version of the webinar, which took place on April 5
Modern technology to salvage reputational risk management
Long-term benefits of adopting cloud-based surveillance will far outweigh initial high costs, says Greenwich Associates report
GCC: the ‘likely’ definition of Principle 17
The last look battleground hinges on the wording of the practice
Hebert joins IHS Markit as a director in business development
Singapore-based Randy Hebert previously worked at First Derivatives
CLS settled volumes continue upward trajectory in March
Spot, forwards and swap volumes inched up compared with February
CME Group shuts down CME Europe and CME Clearing Europe
The move follows customers' preference for the exchange's US infrastructure, the group said
EBS to enforce Ultra participation criteria from mid-June
EBS BrokerTec will start calculating the 40/60 maker/taker ratios for EBS Ultra Live clients from May 15
Documentation fears slow CNY FX derivatives growth
Foreign fund managers need clarity before market can take off, say banks
China FX reserves inch higher in March
PBoC figures show increase of $3.96 billion, resulting in the second consecutive monthly reading above $3 trillion
Goldman’s new terms may as well say 'f@*k you' at the top, participant says
Goldman Sachs sends clients updated terms-of-dealing document signalling asymmetric last look is alive and kicking
Spot volumes rise in March
Secondary venues see robust volumes; primary platforms also tick higher
Gilbert to develop Liquidnet's US equities business in Europe
Gilbert has more than a decade of experience in US equities sales to European asset managers
White to become new BMO chief executive as Downe retires
Darryl White is due to replace current BMO chief executive as he retires after 10 years at the helm of the Canadian bank