News
Three depart JP Morgan's German FX sales team
Kroll, Langner and Rademacher leave JP Morgan
FX options clearing gains momentum
Discussions on a clearing mechanism for FX options are finally underway
Industry fears lack of strategic focus on OTC data aggregation
FSB report lays out options for OTC data aggregation before considering strategic objectives
Divergence over definition of FX derivatives emerging in EU
Luxembourg allows grace period for FX reporting at last minute
ParFX adds Citi and JP Morgan as founding members
Two more banks sign up as ParFx founding members
Saxo Bank WLTM next Soros, GSOM an advantage
Saxo Bank ventures into social media trading, with relaunched TradingFloor
CLS set to add Russian ruble in November, source says
Industry settlement utility CLS is poised to add the ruble to its currency universe in November
Bank of England has no evidence it 'condoned' FX market manipulation
UK central bank says it has yet to see evidence of press allegations that it condoned market manipulation
Questions raised over trade reporting at CSFI round table
Concerns over the implementation and utility of trade reporting data dominate industry event
FXall sees record single-day volumes of $197 billion in January
FXall volumes hit single-day record at just below $200 billion
Trading Places, February 10, 2014
Deutsche replaces Felson as co-head of Fic, Morgan Stanley bolsters e-FX team
Buy side enjoys two consecutive quarters of narrowing spreads
Cut-throat competition for volumes brings good news for buy-side firms
Russian ruble pricing changes provoke FX market debate
Debate over price granularity in the ruble heats up as platforms consider changes
Citi's Prasad resignation unconnected to FX probe, source says
Citi's head of foreign exchange and local markets leaves bank for personal reasons
Argentine peso stabilises after turbulent few weeks
Central bank introduces new capital controls policy as foreign currency reserves dwindle
Icap revenues down 5% in four months
‘Challenging market conditions’ outweigh robust EM FX trading volumes
Steven Cho exits Goldman Sachs
Global head of G-10 spot and forwards trading has left Goldman Sachs to work on the buy side
Barclays appoints interim head of spot FX, cuts three in sales
Cuts hit Barclays' FX sales team, but bank appoints Dan Ryan as interim head of spot
Deutsche Bank traders let go as part of fix probe
FX regulatory probe heats up as four traders lose their jobs at Deutsche Bank
Eurex hopes to steal march on rival CME with FX launch
After delays, Eurex may launch FX futures and options by summer
Role change for Kinol as Credit Suisse plans new trading venture
Jon Kinol will lead a new electronic market-making project, leaving David Tait as sole head of the bank’s macro products group
EM currencies set for extended rout, say analysts
Current account deficits set to keep EM currencies under pressure
FCA hits State Street with transitions management fine
FCA fines State Street £22.9m for transition management failings, FX discussed but not a factor in fines