News
Deutsche Bank e-commerce sales head exits
Industry veteran exits amid senior staff shake-up
FXSpotStream hires Reeves for US sales
Mark Reeves joins FXSpotStream from Deutsche Bank as head of sales and new business, Americas
BNP Paribas hires UBS FX sales director
Foreign exchange sales veteran moves to BNP Paribas after spending a decade at UBS
BGC and CME make further offers for GFI
GFI Group to vote on offers on January 27, as CME Group and BGC Partners continue to battle it out for the US broker's assets
EBS partners SGX to boost Asian FX footprint
Singapore Exchange-listed FX futures are set to be offered on EBS platforms, subject to regulatory approval
Richards joins Morgan Stanley in London
US bank hires Thomas Richards as executive director in FX options, reporting to Thiago Melzer
FX leads the way in buy-side technology spend – Greenwich
Greenwich Associates 2014 Trading-Desk Optimization Study shows FX desks on the buy side have upped their technology spend
Morgan Stanley hires managing director
Finck will be responsible for securitised research and portfolio management for the bank's global fixed-income platform
Moex FX volumes ticked 52% higher in December
Derivatives and foreign exchange were the most active markets on the Moscow Exchange
LMAX Exchange opens shop in Hong Kong
LMAX Hong Kong is the company's first step in establishing a presence in the Asia-Pacific region
Senate approves margin carve out for non-financials
Overwhelming 93-4 vote clarifies corporate treasury units are not bound by rules requiring margin to be posted on non-cleared swaps
Gain hires John Miesner in New York
Gain Capital continues institutional business GTX expansion with Miesner's hire from Hotspot
TradAir appoints Lewis and receives $15 million boost
Long Ridge Equity Partners becomes a new investment partner in TradAir while the company appoints a new chairman
Greenwich flags top market structure themes for 2015
Continuous FX benchmarks, potential advances in NDF clearing and electronic chat rooms among top issues for year ahead
Lawyers gear up for cases in Europe and 'last look'
The co-lead in the US class-action lawsuit expects more cases in Europe and for other areas of trading to come under scrutiny
Algomi recruits Bruun-Olsen as head of Asia-Pacific
Jesper Bruun-Olsen previously worked for Oanda and Tradeweb Japan
And it's goodbye from... FX exits in 2014
An unprecedented number of senior FX market participants departed the sell side last year, in some cases leaving the business for good
Chauval joins EBS in Singapore
Appointed director of data analytics, based in Singapore
Trenner appointed global head of strategy at EBS
He steps up from his previous role of global head of liquidity optimisation; EBS forms e-commerce steering committee
Broadridge acquires TwoFour Systems
Global investor communications and technology giant Broadridge moves to secure FX vendor TwoFour Systems, along with its parent company's CEO
SNB reserves suggest 24bn euro intervention
The Swiss central bank increases its foreign currency reserves to CHF 495 billion, mainly driven by euro buying, strategists say
NDF clearing could be delayed until February 2016
The FX subcommittee of the Global Markets Advisory Committee has submitted a condensed 10-page report to the US regulator, proposing a 12-month schedule for clearing non-deliverable forwards
Reserve managers shun the euro
International Monetary Fund data from the third quarter of 2014 shows a significant hit to euro reserves following further negative interest rates