News
Five-year wait for Wall Street's adoption of blockchain
Distributed ledger technology will transform the financial industry, but not for another three to five years
FX risk worries grow for US pension funds
Currency risks have risen on the list of priorities for pension funds amid fears of future negative cashflow
Çetinkaya put forward as Turkey's central bank governor
Government makes replacement proposal for Erdem Başçı's role
Icap buys hedge fund analytics platform
An investor in Enso Financial Analytics since 2013, the interdealer broker aims to broaden its fintech presence
ETX Capital hires Tahmassebi as COO
London Capital Group's former chief operating officer joins the retail spread-betting broker
LatAm investors urged to watch FX exposure
Fitch Ratings says currency volatility increases risk for infrastructure projects
Moscow Exchange joins Markit's FX trading network
Global firms will be on-boarded faster on Moex than via API links
Thomson Reuters to roll out randomisation in June
TR Matching set to launch latency floor almost three years after initial client consultations
DTCC elects three to board of directors
The new members are JP Morgan's Owens, BofAML's Simpson and ED&F Man Capital Markets' Weinhoffer
Nomura appoints Hafeez as global head of G10 FX strategy
London-based Hafeez leaves Deutsche Bank after 13 years and will report to Kevin Gaynor in his new role
Hopkins trades Morgan Stanley for MahiFX
He becomes head of sales for the firm's new MFX Vector product
Standard Bank South Africa partners TradAir
The South African lender will deploy TradAir's eFX platform to boost its market-making capabilities in USD/ZAR
McDermott exits FCA on July 1
Tracy McDermott has been chief of the UK regulator since Martin Wheatley stepped down in September 2015
Barracuda nets Devlin as head of sales
Based in London, Fraser Devlin will report to chief executive Kieran Fitzpatrick
R5FX goes live in Singapore
Trading begins on the platform, following authorisation from the Monetary Authority of Singapore
Pragma algo to exploit unusually predictable fix trading patterns
Five-minute fixing window created highly readable patterns
Citi's Hamilton heads to FastMatch
Former vice-president of eFX at Citi takes up sales director role
Lawyers take FX fight to StanChart subsidiary
After a US judge says she lacks jurisdiction over the parent firm named in the class-action suit, lawyers reload for new target
Top central banker defends Indonesia’s hedging requirement
Bank Indonesia’s senior deputy says the country’s $168bn foreign debt burden is safer than it looks
Saxo Payments offers corporate access to real-time FX trading
Banking Circle Real-time FX promises to eliminate the need to turn to banks for foreign exchange trading or payments
BGC appoints McMurray as CFO
He replaces Graham Sadler, who is retiring
Sell-side shift creates opening for OMS vendors
With the buy side moving in a multi-asset direction, sell-side firms are tailoring their desks to meet new demand. Broker-dealers now want their order-management systems to do more
Retail FX hots up in Australia as traders' risk appetite grows
Volatility in 2015 boosts retail activity, but traders prove fickle with platforms
Eagle and Holmes launch agency broker Aquila Markets
Firm will focus on providing high-quality coverage and execution services for FX