News
Saxo Bank signs partnership with Phoenix Finance
The integration process, starting in Q1 2017, will be based on the bank's OpenAPI, launched in 2015
Trump contagion is only just starting, strategist says
While Donald Trump's win is expected to have a positive impact on the US economy, it may boost populism in Europe
UK watchdog proposes tougher rules on CFDs
Leverage limit of 25 times for inexperienced retail clients and a cap of 50 times for all clients are among the suggestions
FastMatch to offer algos and TCA to all subscribers
It makes the decision as algo execution gathers pace and clients require more trade transparency
Gorra swaps BNPP for Nomura
Peter joins the Japanese bank after six years at BNP Paribas
Thomson Reuters buys minority stake in BestX
TR clients will be able to access BestX TCA as part of the deal
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models
Spot FX cannot accept lower standards of behaviour
Although spot FX trades are not under its purview, the FCA has warned market participants to sharpen up their act
More co-operation to come between banks and NBLPs
As liquidity providers increasingly split into the two extremes of risk appetite in both the bank and non-bank liquidity space
Hanush joins Currenex sales team
Katryna will be part of the trading platform's sales team for Emea
BIS appoints Carstens as general manager
Bank of Mexico governor to replace Jaime Caruana in October 2017, the BIS board of directors announced today
Transparency around algos to grow next year, according to panellists
The goal is that customers understand the tool; TCA an important part of the learning process
ADS hires Sees as global head of risk
Joining from RBS, Karl relocates to Abu Dhabi for new role
The harder the Brexit, the harder sterling will fall
Panellists at FX Week Europe say the UK currency's troubles are far from over
FX participants rev up for Israeli reporting obligation
New requirement for the shekel comes into force in January
Macroeconomic impact of Trump presidency still questionable
Global markets reacted with euphoria in the wake of the US election, but real economy repercussions may be less positive
Invast partners XTX to allow non-PB clients NBLP access
It's a new era, says Invast chief Gavin White on the partnership
Forte hires Hanson for EMFX derivatives sales role
Hanson joins from Citi as an EMFX options specialist
FCA warns firms to heed findings as it ends FX remediation scheme
The UK Financial Conduct Authority has concluded the FX remediation programme it launched in 2014, stating it has observed improvements
Gain Capital launches money transfer service
New service allows customers to transfer 20 currencies to 200 countries
Erste joins TraderTools' liquidity network
The bank will make prices in Eastern European currencies
Citi triumphs as top FX bank for the fourth year running
JP Morgan comes second overall, while Deutsche Bank slips to third place
GTX hires O'Sullivan for e-FX sales
Vince joins from Barclays, where he headed e-FX distribution for Barx in Emea
BlueCrest sheds traders as it winds down FX vol business
It is believed the decision stems from losses incurred by its foreign exchange business