News
Singh set to join Sucden as head of e-FX development
Noel Singh swaps FX clearing product manager role at ABN Amro for French broker
Ringgit NDF market collapses after central bank curbs
"Implicit threat" to banks active onshore if they continue trading non-deliverable forwards
CLS volumes dip in October
Volumes were down 1.4% from September and $135 billion off the highs reached in June
Icap appoints Rowcliffe as PTRI head of Asia-Pacific
He will be responsible for regional strategy, and represent the company to regulators, industry bodies and committees
FCA approves Tullett Prebon acquisition of Icap's IGBB
Finalisation of the transaction remains contingent upon regulatory approval
SEC chair White to step down in January
Under her tenure, the commission handed down a record number of fines worth $13.4 billion
TriReduce expands compression to emerging markets
Mounting cost pressures are increasing appetite for the service
360T eyes Clob rollout in Q1 2017
FX over-the-counter clearing likely to follow a year later
Brandon-Bravo joins MCL Search
Executive recruitment company hires FX veteran; he left Gain GTX in February
Saxo Bank gives PB clients cross-collateralisation tool
Prime broker customers will be able to use a single pool of collateral across London, New York and Tokyo
Industry applauds 12-month Priips delay
Firms say Mifid alignment will minimise legal risks of key information documents
Platforms and LPs welcome surge of activity
The outcome of the US presidential race is an early Christmas present for platforms printing new records
Brennan joins Barracuda as sales manager
He joins from CLS, where he was a director in relationship management
RBNZ cuts rates to record low as Kiwi strength weighs on inflation
Board reaffirms move in light of Donald Trump's victory, but the cut has been on the cards for some time
R3 creates proof of concept for shared KYC service
Ten global banks work with R3 using distributed ledger to build concept for know-your-customer registry
FX contracts in OTC derivatives soar to record high
FX instruments, as a share of all over-the-counter derivatives, rise from 12% in 2013 to 16% this year
CLS sees spike in input volumes as FX traders battle markets
Volumes in the Mexican peso were at 63 times average between 02:00 GMT and 03:00 GMT
China's FX reserves slide to lowest since 2011
Latest PBoC figures show a drop of $45.7 billion in October to $3.12 trillion
Trump victory boosts volumes and uncertainty
FastMatch experiences a small technical glitch overnight, but industry handles six- to seven-times normal volumes with ease
CFETS joins R3-led project
The number of participants has risen to more than 60 since its September 2015 launch
BIS appoints Loh from MAS as chair of Markets Committee
Jacqueline Loh is deputy managing director at the Monetary Authority of Singapore
Fewer US companies hedging currency risks
It appears global uncertainty is adding to corporates’ forecasting challenges
CLS upgrades infrastructure channel for settlement members
A new member gateway based on Swift ISO standards is expected to save up to $500,000 per settlement member
ACI’s Woolcock replaces Bailey on MPG
At its Belgrade meeting last month, the ACI council voted to appoint Woolcock as its representative on the Market Participants Group helping to draft the new Global Code of Conduct