News
ADS loses chief market strategist
Nour Eldeen Mufeed Kh. Al Hammoury will set up independently
Platform volumes dip in July, but grow year-on-year
ADV inch lower for institutional FX venues after a Brexit-boosted June, but there is still growth, compared with 2015
World must prepare for takeoff of renminbi transactions
A more flexible renminbi will inevitably lead to the currency's increasing adoption in daily dealings, says HSBC
FlexTrade opens Frankfurt office
Brexit and the firm's strategy of establishing a local presence motivates the decision
FlexTrade's Brown heads to TradingScreen
Jessica Brown will be tasked with growing the firm's FX client base in the Americas
DTCC appoints new member to board of directors
Lisa Pollina, former vice-chair of RBC Capital Markets, joins the audit, finance/capital and risk committees
Traiana hires Choudhury to boost product team
Basu Choudhury, former head of product at LCH's ForexClear, moves to post-trade provider
Mortimer joins MahiFX in newly created role
Nick Mortimer leaves his post as head of prime brokerage and clearing at CFH
smartTrade hires two in sales
Michael Wee becomes a sales director for Asia-Pacific in Singapore, while Jena Axelrod joins the team in New York
XTX makes another hire in Singapore
Ted Yang joins from rival liquidity provider Tower Research as head of Asian business development
FXTM expands to South Africa after regulatory approval
Cyprus-based retail broker sees potential for new customers
GTX recruits Reichel in institutional sales
Thomas Reichel joins from Bats Hotspot and brings more than 20 years' experience to his new role
Thomson Reuters joins R3 consortium
The news and information provider joins distributed ledger technology lab
Shumpert to head BrokerTec Direct Americas
Key to Nicole's new role will be the rollout of the venue's new fixed-income service
FX volumes rise, but UK loses year-on-year
North America is booming, but the UK performs worse than in April 2015
ACI Dealing Simulation course takes place on August 31
The four-day residential event will run in Stamford, Connecticut
Global renminbi adoption slows in June
Decline continues in the internationalisation of China's currency, overtaken by the Canadian dollar in payments by value
State Street agrees markup settlement – $530m expected
This follows a SEC investigation into the FX rates charged by the bank to custody clients
Nadwick retires from Lloyds
Paul Nadwick had worked at the UK bank for more than 30 years
Kantox sees $100 million of trades since API launch
This increases the total worth of transactions on the platform to $3.2 billion since 2011
Wilkoff joins Hathersage as a senior portfolio manager
Lipschutz-owned fund hires FX veteran for newly created role
GSX and Deutsche Borse give exposure to bitcoin
The firms will list an exchange-traded instrument, giving public markets more access to the digital currency
Ficc revenues surge for US banks
The segment sees robust growth, with Morgan Stanley and JP Morgan the standout performers
Briscoe joins UBS AM as Apac head of fixed income
The appointment reflects the company's commitment to the asset class and the region