News
Brokers at loggerheads over Sef volume data
Following the FIA's launch of a Sef volume data service, brokers warn that problems still remain at the source of the published data
CFTC clarification little help for European swap platforms
European swaps still struggling to meet May 15 deadline on equivalence standards
Senior FX spot trader Tollit returns to BAML
Ryan Tollit is the latest senior person at BNP Paribas to leave in FX this year after the departure of Bartosz Pawlowski
Thomson Reuters Matching suffers outage; trading unaffected
Customers were unable to test their connections to one of the main currency trading platforms due to a technical glitch
European Commission launches consultation on FX definitions
EC consultation in response to ESMA's letter dated February 14
Currency managers do make money, says Levanoni
More than half of FX managers still making returns in tough environment
Institutional mobile trading on the rise, says JP Morgan
Institutional traders are embracing mobile trading
EBS launches eFix Matching
The electronic broker has joined forces with Icap's voice broking team to launch an electronic fixing service
Top FX traders flee banks to join buy side
After some of the biggest names in FX from major global banks departed to the buy side in the past 12 months, FX Week takes stock to look at some of the motivations for making the switch
TD Securities names new global FX head
Michael Twaits will relocate from London to Toronto to taken on Michael Gibbens' former role after the global FX head quit the bank
Asset managers bemoan lack of alternatives in FX
Asset managers at the FX Invest North America event call for trading alternatives
Panel clashes on best execution and NDF clearing in Boston
A panel at the annual FX Invest conference in Boston tackled the difficulties of NDF clearing and best execution costs
FX benchmark manipulated more than 25% of the time, plaintiffs say
Plaintiff's council is alleging manipulation occurred in six currency pairs on the last trading day of each month
India reverses curbs on USD/INR trading
India's financial regulator has rolled back emergency measures it introduced last year as USD/INR rate stabilises
Fear of EM volatility irrational and dangerous, says Ashmore
EM returns have outstripped those of major holding currencies in a directionless market; economic fundamentals also support gains
JP Morgan creates global co-heads of rates, FX, commodities and EM
Troy Rohrbaugh has once again expanded his remit at JP Morgan by taking on commodities and emerging markets alongside James Kenny
Saxo Bank appoints former Rabobank FXPB head
Peter Plester has joined Saxo having resigned from Rabobank after more than nine years at the helm of its FXPB business
Trading platforms hope for end to 'Truman Show Market'
Trading platforms are looking to expand into new areas and asset classes to combat stagnant volumes
FastMatch NY suffers trading delays
'Short-lived slowness' affects HFT spot platform due to excessive activity
Trading Places, April 7, 2014
Hedge fund sales hires at SEB; Icap loses Americas executive director; Rainer-Marc Frey to leave UBS board
Buy-side firms approach BoE to take more active role on FXJSC
Large buy-side firms keen to take a more active role on FXJSC after allegations dealers manipulated foreign exchange benchmarks
Manipulation suspensions reach salespeople
UBS and Deutsche have implemented further suspensions, with the German bank seeing the first salesperson suspended in the ongoing FX probe
Shuster replaces Leclercq as Crédit Agricole head of FX
Crédit Agricole rates trading chief in the US assumes Vincent Leclercq's former role at the bank