News
Banks eye Traiana for EM FX netting service
Industry turns to the Icap-owned utility as CLS's emerging markets push stalls
China lets central banks use Isda agreements for FX derivatives
China allows derivatives trading based on international standard agreements for the first time; applies only to sovereign investors and FX derivatives
Former Hotspot manager Duke joins BCS Global Markets' UK board
Bradley Duke joins the board as a non-executive director
R3 adds five more banks to blockchain project
The number of participating banks rises to 30 since its September launch and R3 names the first team members
SocGen's Fetta joins Santander as global FX head
Based in London, Gian Luca Fetta will work towards delivering a global strategy that captures the entire FX flows within Santander
Integral appoints three in senior roles
With clients expanding their FX businesses, Integral boosts its teams to meet their needs
Digital Vega reports biggest trading day as volumes surge
Medusa, Digital Vega's multi-dealer options platform, posts 59% growth in volumes for October
Citi crowned top bank for FX for third year running
Deutsche Bank and Barclays finish in second and third place, respectively, picking up major titles along the way
Cartledge "very much at his desk" at EBS, sources say
Rumours of Cartledge's departure prove false, source say
XTX Markets provides liquidity on TraderTools
The move comes within weeks of the firm going live on 360T
Former Citi trader wins unfair dismissal case
Perry Stimpson, dismissed in 2014 for serious breach of contract, has won his case against Citi
Regulators fine Barclays $150m over last look
Barclays has been ordered to remove an unnamed global head of electronic trading for FX
Lagarde supports RMB inclusion in SDR basket
IMF managing director endorses the renminbi's inclusion in the special drawing rights basket after a staff report deems it 'freely usable'; executive board decision expected on November 30
GreySpark Partners opens New York office
Following openings in Edinburgh, Sidney and Hong Kong, the financial consultancy expands to the US
EM platform R5FX goes live with Indian rupee
The rupee becomes the fourth emerging market currency to launch on the trading platform
CLS starts settling Hungarian forint payments
After two years of preparation and testing, the forint joins the CLS universe
Rajan becomes vice-chairman of BIS board
Raghuram Rajan will serve for a period of three years
Nembrini exits LCG
London Capital Group's head of institutional sales and trading leaves after one year in the job
Worries mount over year-end liquidity conditions
With only six trading days between the Fed's last rate meeting and the holiday period, market participants are being warned to prepare for a rocky year end
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
Saxo rolls out trading platform to white-label clients
SaxoTraderGO is now available for institutional clients, after its launch in May
Conte understood to be leaving 360T Americas
Dan Conte served as sole chief executive from 2012 and co-chief since February this year
NY bank regulators outline cyber-security plans
High-profile hacking at financial institutions and tough action from lawmakers have provided a boost to a new cyber-security proposal that aims to bolster banks' defences against internet gangsters
FirstRand joins CLS
The South African bank joins the currency settlement utility, raising its membership to 64