News
Moscow Exchange trading continues without disruption
Price swings in the Russian currency hit unprecedented levels as liquidity vanishes
Mandy Lam exits GFMA
The association's managing director for North America leaves for buy-side role
BGC bolsters European business with RP Martin buy
BGC purchases RP Martin's UK assets, and plans to add Swedish and Dutch businesses to its portfolio as well, pending regulatory approval
Commerzbank pulls back from FX prime brokerage
Commerzbank closes prime brokerage business as it reallocates resources
Thomson Reuters Matching adds MYR and PHP
The platform has expanded its universe of currencies to include USD/MYR and USD/PHP
CLS appoints Lichter to the board
Gilbert Lichter will serve as outside director
CFTC hears NDF workload fears
Some FX market participants are concerned by the potentially short timelines for preparing the industry fully for NDF clearing and possible liquidity implications
HSBC warns of destabilising moves in 2015
FX markets are underestimating the risks of destabilising currency movements next year
Renminbi set for more volatility, analysts say
More two-way volatility is expected and price swings could come close to those seen in the first half of 2014
360T sees record volumes topping $100 billion
Frankfurt-based FX platform's success due to widening client base and pick-up in volatility
Volcanoes, house prices and Draghi are main black swan events for 2015
Saxo Bank releases its annual prediction of unforeseen events for the coming year that could unsettle global markets
Citi suspends more FX staff
Suspensions follow a hefty round of fines in relation to the FX benchmark probe
Nomura Americas FX COO joins buy side
FX trader is the latest to leave Nomura for the same buy-side firm
HSBC hires one, loses two in FX
The bank hires a senior FX salesperson while an FX spot trader and the head of real-money sales head for the exit
VTB Capital appoints Nick Hutt as chief executive
The global chief executive of the Russian banking group says it is committed to maintaining an international presence
Nomura hires Ed Mount and team from RBS
The Japanese bank continues to build out its FX technology team following Rob Maher's appointment earlier this year
Scott is latest senior trader to lose job in FX probe
Stuart Scott was previously head of currencies trading, Emea, at HSBC
Trade repositories set to shake up pricing
Competition for contract renewals will heat up early next year
360T hires new sales head in Germany
Reporting to the firm's managing director, Bock will lead sales across key focus segments
Spot trader Graeme King returns to market
FX market veteran takes up role under Andre Katz at CBA
Newedge managing director departs
Head of OTC clearing sales departs after only nine months in the role
Ramchandani out as LCG restructures management
LCG suffers a blow as Rohan Ramchandani exits the firm while the broker makes senior hires under Charles-Henri Sabet
Saxo Bank Switzerland appoints new chief executive
Part of the institutional business will be serviced from London or Copenhagen in the future
FX volumes surge as BIS warns of emerging market fragility
Dollar strength could spell trouble for developing world economies