News
EU and US reach CCP recognition deal
US counterparties will be able to continue providing services to European market participants
Australian players need to play renminbi long game
Panellists were bullish on China's long-term prospects at FX Week Australia; commodities priced in RMB will be a game-changer for Sydney's status as a trading hub
Betting against central banks still a very dangerous game
"Dollar appreciation has been stopped in its tracks as markets reassess Fed policy," panellists argue at FX Week Australia
China may introduce Tobin tax on FX transactions
A levy on currency trading could be put in place to fight speculation
Icap completes post-trade blockchain test
The interdealer broker is the latest to implement the technology in the financial industry
LSE and Deutsche Börse strike deal
Two exchanges unveil details of "merger of equals", which will create Europe's biggest exchange group, UK TopCo
Preston joins ETX Capital board
Former City Index CEO becomes an independent non-executive director
First phase of global code set for release on May 25
Debelle outlines the progress on a code of conduct at FX Week Australia
Hastings appointed to new ACI UK role
The director of Whispers FX Solutions will become the association's bank and financial institution liaison officer
FX probes continue despite end to SFO enquiry
FCA, DoJ and City of London Police are still investigating
CFTC working on cyber-security and auto-trading rules
Aiming for year-end target, but market participants are pushing back at some requirements
Portware hires Chris Sorensen as FX product manager
His appointment boosts the firm's expanding FX team, which provides global multi-asset execution for top asset managers
Markit rolls out FX trade-affirmation service
Banks can consolidate trade notifications from multiple interdealer brokers and validate transaction data at a central location before it is processed
Citi's global head of spot FX resigns
Bibbey is the third departure this week from the firm
FXCM set for name change after new deal with Leucadia
Retail broker extends credit agreement with bail-out investor
European banks see full-year Ficc revenues rise
The majority of European banks saw rising Ficc revenues in 2015, but results for the fourth-quarter disappoint
Glocer joins Algomi as strategic adviser
Ex Thomson Reuters chief also invests in the network company
UK regulators zoom in on financial technology
The Bank of England is paying close attention to potential benefits and risks of digital currencies and distributed ledgers
CFH Clearing launches matching engine in TY3
The prime-of-prime provider aims to reduce latency and enhance execution by reducing the round trip between London and Tokyo by 200 milliseconds
Wells, Choudhury leave ForexClear, according to reports
Wells has been instrumental in building the service since 2011
ECB unveils fresh stimulus measures
European Central Bank cuts rates to new low and expands QE scheme
Hamilton leaves Citi
VP for e-FX sales has resigned after four years
Corporates must bridge internal gap to manage FX risks
With earnings battered by volatility, company treasurers and boards need to see eye to eye
Toland launches fintech start-up for fixed-income markets
TransFicc aims to assist in the migration of trading to electronic venues and adherence to regulation