News
ATC Brokers launches UK-based service
Ex-Citi VP Michael Mirarchi will lead the new retail brokerage
FXPBs, agency desks set to resume derivatives trading
After 14 months and failed attempts to relaunch the agency brokerage business in the US, new proposals spark light at the end of the tunnel
Morgan Stanley appoints new Emea FX options head
US investment bank relocates its Americas FX options head to London
Caplin launches mobile trading application
Caplin Systems says security concerns are abating and banks will look to use mobile apps more in their sales process
Smooth take-off for collateral reporting
Buy side goes it alone on collateral and valuation reporting
Russian banks face higher borrowing costs
Banks and corporates face higher funding costs and loan rates, but government support lends a lifeline
More gloom ahead for FX dealers in next two years
Consultancy paints a far from rosy picture for the FX market in the years ahead as technology investment takes centre stage
End of Bretton Woods has helped dollar reserves - ECB
Collapse of Bretton Woods System caused significant upheaval of currency reserve trends, says ECB report
UniCredit hires former BAML trader
Former BAML FX/rates trader returns to the industry at UniCredit to head up rates and FX trading for CEE
SocGen appoints FX salesman in London
The French bank boosts ranks of FX real-money sales business in Emea
Widening fix window is not a magic bullet, industry tells FSB
Broad support for reforms, but industry makes varied counterproposals
Winn joins EBS as head of sales for Apac
Winn joins from 360T and will report to global head of sales Gerard Varjaques
Marex Spectron brings in Kyte’s head of FX trading
Marex has begun to replace the three FX salesmen who left the broker last year with the appointment of Chris Harland in London
Credit Suisse hires head of FX strategy
UBS has seen two senior FX strategists exit in the last few months, with Credit Suisse hiring its Americas head
RBI's Rajan says the euro is too strong - Central Banking
Rajan says the eurozone is suffering from the same problems as EM countries due to spillover effects
Bank of China extends RMB clearing to London hours
BoC's 20.5 hours of service will cover trading hours in Asia, Europe and America
Ice's CLS service cut by JP Morgan
The Atlanta, Georgia-based exchange and clearing house has had its CLS settlement service discontinued, just like CME
Macbeth goes amid DTCC management reshuffle
Childs and McLelland take top roles as Macbeth departs
Thomson Reuters’ FX spot volume down
FX volume continues to struggle as volatility nears all-time low
Trading Places, 11 August, 2014
Cost-cutting measures forces job losses at Icap, while there are changes at HSBC and the Bank of England
Durrant joins Thomson Reuters from EBS
Andrew Durrant switches from EBS to Thomson Reuters after about 18 months in his former sales role
European regulators slammed for uncleared margin ‘sleight of hand’
Possible expansion of firms affected by variation margining earns critique from buy side
UK Treasury launches Bitcoin review
Chancellor aims to make London a global centre for digital currencies