News
Ex-Nomura spot trader joins Stone Milliner
FX spot trader is latest bank employee to leave for the buy side
Goldman Sachs dismisses FX trader
Former HSBC trader is the latest victim of FX probe
Exchange trading on the march in EMFX
Emerging market currencies to get the best of the over-the-counter and exchange-traded worlds
FCA clears path for BGC's takeover of GFI
BGC gives GFI shareholders until midnight to decide on its tender offer for the broker, following FCA regulatory clearance
Sydney becomes the latest renminbi-trading hub
The clearing arrangement follows the announcement of a major free-trade agreement, alongside Australia gaining further access of $8 billion to China's capital markets
EBS Select liquidity pool launches
EBS Select will complement existing platforms EBS Market and EBS Direct
Ruble liquidity split unsettles market
EBS and Thomson Reuters are among the hardest hit by a dearth of offshore liquidity as some market-makers pull back from the ruble
Caplin promotes Ashworth to chief executive
Paul Caplin steps down as chief executive, but remains on the board as John Ashworth takes over in London
Saxo introduces no-dealing desk accounts
Saxo gives retail clients direct access to liquidity and launches a more integrated MetaTrader 4 offering
Integral launches market-making service
FX vendor rolls out new service for banks and brokers to help them build out their own market-making businesses
Thomson Reuters volumes dip, but still up 21% on the year
Volumes on Thomson Reuters' Matching and FXall venues dip since September, but are up 21% on October 2013
Timeline for NDF clearing still pending, says Massad
No end in sight for a NDF clearing mandate as the CFTC seeks feedback from its Global Market Committee Meeting, held last month
Agency desk growth will be slower than expected, traders say
The chance of 50% of the FX market going to agency execution within five years is viewed as highly unlikely, but some banks wager on agency being the future of FX trading
Thirty firms placed under FX ‘remediation programme’
G-10 FX spot desks are placed under supervisory watch by the FCA as the industry tries to clean up its act
SNB may intervene in EUR/CHF 'as early as this week'
A Yes result would make it difficult for the Swiss central bank to defend its floor
RBS redundancies claim four in FX
Four FX sales staff depart US branch of RBS
Mallett dismissed from Bank of England
Grabiner report unveils transcripts of conversations between Mallett and market participants discussing "matching off" trades
Regulators slam banks with fines totalling $3.4 billion
Five banks have been ordered to pay total fines of $3.4 billion in relation to the global regulatory investigation surrounding FX benchmarks
FX settlements strengthen civil law suit in US
Lawyers representing the plaintiff class in a civil lawsuit in New York have been encouraged by regulators' settlements with banks over their misconduct surrounding FX benchmarks
Should investors fear a rising dollar?
Stephanie Flanders says emerging markets are set for a bumpy ride in the months and years ahead as the greenback rises
'Last look' will prevent settlement with regulators, warns New Change FX
Banks and regulators are preparing to hammer out a deal in relation to the global probe into currency trading, but questions surrounding 'last-look' practices could stall the process in the US
EBS targets regional banks with Liquidity Optimization
EBS Liquidity Optimization signs up 15 customers in one year
Sucden's e-FX volumes almost double Q3 of last year
The record volumes, attributed to new and existing clients, follows the appointment of new head of e-FX Peter Brooks