News
Crosswell joins Cobalt
The former Nasdaq NLX chief executive will serve as a strategic adviser for the financial technology firm
Risk-sharing efficiency of FX may be tested, BIS says
Study of FX markets highlights risk concentration amid a handful of top banks and the growth of electronic relationship trading
EC signals staggered entry for Mifid II trading obligation
Rules for derivatives may take effect after January 2018 to allow for US equivalence deal
Integral adds Linedata's OMS to InvestorFX platform
The integration is expected to give Linedata's asset manager clients access to better netting and execution
Emerging markets in firing line as politics spur volatility
Monetary policy normalisation, fiscal stimulus and political populism will come to the fore in 2017
Regulators and the marketplace must keep talking
With new rules – from the BIS Global Code to Mifid II – set to go live, market participants' associations are urging calm
BBVA to lose Brown and Clarke
The two men joined the bank in 2011 and will leave at the end of this year
FMSB releases principles for FX surveillance, conduct training
The Ficc Market Standards Board outlines 10 core considerations for surveillance
Bloomberg launches executable NDF streaming
Standard Chartered is the first bank to provide streaming rates for the product
XTX joins Bats Europe as a member firm
The move is a continuation of the liquidity provider's push into equities and expansion on exchange
Alanis joins Edgewater Markets in Mexico City
Felipe leaves Banorte to head up e-trading solutions for the electronic FX aggregator
Poole set to join BNP Paribas in FXPB role
Simon will replace Kate Lowe, who left the French bank in September
Timmons promoted to Apac head of sales at EBS BrokerTec
Taking over the role from Simon Winn, who has left the company, Laurence will report to Iorio and Ward
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