News
Xignite aims to stabilise corporates' FX data sourcing
The data provider will supply FX rates to customers on Oracle Marketplace to enable more accurate global financial reporting
Rosenthal leaves Morgan Stanley
Former FX options trader is understood to be heading to Nomura
FX funds begin 2016 on a positive note
Parker FX Index meanders into positive territory in January
Dalton leaves Citi
Head of FX algorithmic execution is understood to be moving to National Australia Bank
King abdicates at Barclays Investment Bank
The UK firm has yet to name a successor
PBoC confirms Russian swap transactions
Central banks of China and Russia disclose "several currency swap trades" since October, but no details
Banks complete blockchain trial for fixed-income products
With the aim of moving forward the banking industry's adoption of the technology
Jerome and Eggleston launch technology start-up
Former Morgan Stanley managing directors set up TCA and analytics firm
RBA adds the Korean won to reserve portfolio
Australian central bank continues to unload euro holdings while introducing seventh reserve currency
ICE considers bid for LSE to stop Deutsche Börse
The move by the US group could prevent a "merger of equals" between the two European exchanges
Class-action lawyers to tap into Barclays' FX team knowledge
With the bank providing information to investors from people within the firm with the most knowledge of its last-look practice, plaintiff lawyers could access information it could have taken years of discovery to obtain
EBS BrokerTec set to move to 1ms data updates
The new FX market data feed is expected to reduce update intervals to 1ms and will become available in the summer
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
PBoC eases despite continued depreciation fears
China's central bank cuts reserve requirements amid intricate balancing act between buoying slowing growth, maintaining financial stability, and safeguarding the value of its currency
Eddie Listorti leaves ANZ's global markets top job
Listorti is setting up his own commodities fund, says the bank's chief executive
Connections jump by 50% on Thomson Reuters' TRTN network
The network provides greater post-trade transparency and cost efficiencies, says firm
Asset managers need better handle on costs, processes
Panellists highlight the challenges they face in the pursuit of best execution
Buy side takes control of execution as liquidity worsens
Risk warehousing ability isn't there any more, say large buy-side traders
PBoC’s Zhou dismisses talk of renminbi devaluation
China’s governor says the country is “opposed” to competitive devaluation and capital outflows are likely to subside
UBS reshuffles FXPB ranks
Oh makes his exit, Connolly and Bader take on global co-head roles, and Rosoman moves up
Latif set to join Citi in May from Goldman Sachs
Goldman's co-head of e-FX sales for Emea switches to Citi
US dollar/yen basis blow-out to –100bp on negative rates
Bank of Japan's policy adds to the dollar-funding dilemma of domestic banks
Marquard takes on strategy role at CLS
He is still general counsel and representative for legal matters to CLS's executive management committee and CLS Group board
LSE in merger talks with Deutsche Börse
A deal between the two would forge the largest European exchange group, challenging US competitors