News
China opens research centre for RMB internationalisation
The new initiative is a victory for Singapore as it angles to position itself as a leading renminbi hub
RBC launches delegated execution tool for buy side
UnityFX, developed by RBC I&TS and Broadridge, will help investment managers with their operational FX needs
JP Morgan tops Coalition investment banking survey
US bank also triumphs in fixed-income, currencies and commodities markets
SFO spells end to criminal FX-fixing cases, Hausfeld says
Little prospect of further European investigations as fraud office drops enquiry and new UK class action regime limits possibilities
IHS set to merge with Markit
IHS Markit will be headquartered in London; the transaction has an implied value of $13 billion
Hoodless echoes claims that Citi knew of wrongdoing
Ex-trader repeats previous statements that senior managers encouraged information sharing
Murray quits Deutsche for BNY Mellon
Piers Murray joins in a senior listed clearing role
Regulation will change markets, but slower than expected
But market participants say they are in the early stages of a transformation that could accelerate in the coming years
Curex chief: anonymity is key to best execution
Curex and FX Connect sign agreement to provide clients with an alternative liquidity pool
Edgewater Markets raises $30m for expansion drive
As part of the deal, the firm's board will gain two new participants from FTV Capital
CME readies for Bloomberg Index futures launch
CME Bloomberg Dollar Spot Index futures will track a basket of 10 developed and emerging market currencies
Stimpson wins compensation, but less than the maximum
Judge rules in favour of Perry Stimpson in unfair dismissal case against Citi
Stephane Alex's job at risk at BofAML
Alex has worked at the US bank for 15 years, with a strong focus on FX sales for France, Belgium and Luxembourg
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