News
Product launches, October 20, 2014
Swissquote unveils information portal, Caplin systems publishes white paper on mobile trading, and more
Electronic trading grows tenfold in some EM currencies
Delegates at the FX Week Asia conference in Singapore heard about the challenges and opportunities Asian electronic trading offers
Would-be Sefs fear ability to access market
On-Sef FX dominated by just five providers, and start-up costs are high
Asia most advanced in FX clearing, according to panellists
India, China and South Korea are the most advanced economies in the clearing space, attendees hear at the 10th annual FX Week Asia conference
Volatility boosts Ficc revenues at banks as activity surges
US banks cite foreign exchange as source of success as volatility picks up, while trading platforms also report increased activity
Bevan appointed chief executive of BCS Prime Brokerage
The financial group has created the chief executive role for its subsidiary along with other senior appointments
Ex-QFS partner joins Fortress as managing director
Conklin is set to start next week in Singapore, after leaving QFS in March when the firm shut down its last remaining fund
Salamon and Coughlan move from RBS to join 360T in Asia
Jamie Salamon appointed chief operating officer for Asia Pacific while Robert Coughlan will be head of sales for the region
EBS hit by outage
Spot platforms down for 25 seconds, affecting London-based traders
Marano joins Gain Capital's GTX
Industry veteran joins from Hotspot FX and will be based in New York
G-20 needs to arrest currency wars to stop Asian deflation
Callum Henderson, global head of FX research at Standard Chartered calls for leaders to put a stop to currency wars; says SGD is an ideal candidate for funding relative value carry trades in Asia
Systemic risks in the market on the rise, says Iosco economist
Risk-taking activity yet again at near all-time highs and return of complex financial instruments is another troubling sign
Tech and infrastructure demands of reporting data put pressure on banks and regulators
The terabytes of data regulators receive every day is challenging for both banks and supervisors
French regulator finds market manipulation using Emir data
Europe's derivatives reporting regime needs work, but the AMF has already used the data to identify market manipulation, which is now being investigated
ACI boosts global reach with North American division – ACI America
New body will represent financial markets industry in North America
UBS promotes Newman in FX options
Tony Hall's move means John Newman becomes FX options head
Corporates resist lure of central limit order books
Pricing and flexbility still have some way to go to drag corporates away from RFQ model
NDF trading mandates must be harmonised, industry warns
The CFTC-hosted roundtable discussion on NDF clearing raised the main issues currently facing industry participants
Desai joins HSBC in Singapore
Deasi switches from RBS to HSBC in FX sales
Currency funds continue growth trend
Parker FX Index grows for second month in a row thanks to volatility uptick
Corporates ‘complacent’ over FX hedging costs
Treasurers wrong to believe tight prices will last indefinitely, says senior treasurer at a global technology company
BGC appoints Hirschhorn in New York
BGC appoints industry veteran as chief information officer
VTB FX derivatives head leaves bank
London and Moscow-based FX derivatives head leaves his post