News
Toronto becomes first RMB hub in Americas
Canada is the eighth country to do a currency trading deal with China as the renminbi's internationalisation gathers pace
FXCM to sell Japanese business for $62m
Broker progresses with paying down its $300 million loan from Leucadia, aiming to wipe out the debt by the year end
Commerzbank global head of FX spot resigns
The 30-year FX veteran is set to join a US bank
FX will be half of our revenue in two years, says LCG's Sabet
Broker aims to boost its share of FX revenues through global expansion and a focus on core retail customers
ANZ warns on RMB volatility
Global financial markets head says investors should be "cautious" in assuming RMB will continue to behave according to earlier patterns
CLS volumes drop in February as market returns to 'normal'
Settlement utility sees volumes and instructions slide in February
BNY Mellon fined $714 million in FX case
The US bank has settled a three-year legal battle over defrauding its customers in how it handled currency transactions
TradAir names Americas head of sales
Brian Liedberg joins after working as a sales executive for Americas at Integral for 12 years
PBoC governor hints at capital account liberalisation this year
Zhou Xiaochuan says it will be ‘more convenient not only for enterprises but also for individuals at home and abroad to invest' during panel discussion with IMF's Lagarde in Beijing
Stelrox Capital Management appoints CFO
The firm hires financial markets veteran Richard Garlick
IG under fire from clients with huge negative balances
Customers log complaint with Financial Conduct Authority and hire legal counsel in EUR/CHF case
Renminbi hits two-month high in wake of dovish Fed
Renminbi reaches highest level against US dollar in two months as Fed cuts projected rate path; volatility suggests market discomfort with Fed normalisation, says analyst
Paul Buckley exits FastMatch
FX veteran leaves FastMatch, having joined in January 2014
Thomson Reuters sees ADV drop in February
Overall volumes fell by 11% from January to February
FX market reprieve as margin implementation delayed
Large FX institutions gain as BCBS-Iosco delay the starting gun for variation margin until 2016, following industry pushback
Citi chases $25 million in Swiss franc lawsuit
US bank files lawsuit against prime brokerage client over events stemming from the Swiss franc's surge in value
Deutsche MD departs in New York
FX veteran Daniel Swasbrook exits the German bank
Saxo Bank doubles profits in 2014
Benefitting from a strong pick-up in trading volumes in the second half of 2014, the Danish bank says it can swallow a maximum loss of DKK 700 million following the Swiss franc debacle
Credit Agricole deploys DealHub post-trade platform
French bank automates post-trade processes with DealHub
FXSpotStream adds Credit Suisse as liquidity provider
This raises the number of liquidity providers on the platform to 10
BAML's Bae takes leave of absence
Former Goldman Sachs trader takes a break from the market
Mumford joins TradeNext Prime
As senior sales executive, he will develop the institutional business
CFH Group hires Rastogi to drive consolidation
Dipak Rastogi has been appointed to the board
New role for Goodbody at Hotspot
He becomes global head while the exchange confirms all Hotspot staff will stay