News
Effex used last look tactics to cheat FXCM clients, NFA states
NFA names Effex Capital as FXCM's preferential market-maker, which used 'hold timer' and 'previous quote' practices
Law firm starts recruiting clients for case against FXCM
Securities law firm calls for shareholders and those with information to get in touch
Evans takes post at UBS
She joins the bank from Citi's FX sales team
Deutsche FX traders move on
Navandar goes to BlueCrest while Lewer joins Nomura
FastMatch replaces Niv and Ahdout on its board
Their places are taken by Brian Friedman and Jimmy Hallac of Leucadia National Corporation
Nex appoints new TriOptima CEO as Sjöberg leaves
Co-founder exits after 17 years, to be replaced by Stuart Connolly, head of client product development
FXCM’s US story ends: no-dealing desk claims false
FXCM, Niv and Ahdout banned from CFTC registration, and also by the NFA, effectively closing the broker in the US
Digital Vega launches execution and workflow solution
FX options specialist promises to bring significant efficiencies for execution desks through Intelligence Execution engine
Currency headwinds cost companies $11bn
North American firms report more losses than their European counterparts, but the amount is falling
Tippell flits from Swift to Droit
He will oversee the firm's business development in Europe
DTCC promotes Shuman to general counsel
Ann Shuman replaces Larry Thompson, who will now serve full-time as vice-chairman
Eurex tees up OTC forex clearing with CLS
Net settlement at CLS could slash liquidity risks for CCPs
McDermott joins StanChart
Former FCA acting chief executive starts her new role in March
Heslop to depart SEC
He leaves his post as chief operating officer next month, replaced by Kenneth Johnson as acting COO
Boreham becomes institutional sales VP at CFH Clearing
He joins the prime-of-prime broker from ADS Securities
RJ O'Brien promotes Texier to managing director
London-based Thomas Texier joined the brokerage in 2015, after its acquisition of The Kyte Group
FIA calls on Trump for financial regulation review
Lukken says it's time to know whether the rules implemented after Dodd-Frank are fulfilling their intended purpose
Debelle wants to hear concerns about the GCC
Debelle and Puth encourage market participants to express any worries about the Global Code of Conduct before it is published
EBS speeds up Live Ultra data feed to 5ms
The 5ms feed arrives with participation criteria, while 20ms is available to all EBS Live Ultra clients
TP Icap expands analytics division with Burton-Taylor buy
Interdealer broker plans to increase depth of data and expand into new sectors
Wyatt to leave SEC's office of compliance
Marc Wyatt, who will be succeeded by Pete Driscoll, is returning to the private sector
Hu to exit SEC
Wenchi Hu is an associate director in the division of trading and markets
Bloomberg Tradebook to shut down FX
CCP model platform set to close foreign exchange operations on March 1
Turner leaves Citadel Securities, Zhao becomes CEO
Former Microsoft COO leaves the market-making division after six months