News
Fair Trading Technology appoints four board members
Singh, Maasland, Vollemaere and Pounds join board of retail trading technology company
CLS hits new record as FX volumes spike
Almost three million payment instructions were settled by CLS on Tuesday following a surge in trading volumes towards the end of last week
SurfacExchange chief exits
Evgeni Mitkov, the first chief executive of FX options platform SurfacExchange, has left the firm less than two years after the platform launched
Hedge fund sales head to leave Commerz
Mark Cudmore will leave the German bank at the end of August, after two years in the role
Haitong Futures deploys FlexFutures trading platform
Chinese broker moves to match demand for local futures by qualified foreign institutional investors
FCStone fined $1.5 million for risk controls failings
Futures broker suffers $127 million in losses following risk management failing in client account
Ex-NAB Pragastis joins property fund
Tom Pragastis joins Australian start-up fund as executive director and chief information officer
Neill Penney joins Thomson Reuters under Weisberg
Morgan Stanley's former head of FX product strategy joined Thomson Reuters yesterday, where he will be working once again for Phil Weisberg
KC Lam exits CME in Asia
Exchange group merges FX and interest rates coverage in Asia-Pacific
Westpac partners with Broadway Technology for aggregated solution
Australian bank replaces in-house aggregation tool with a white-label offering to increase capacity
China's red tape reduction could lead to wider CNY trade band
Chinese regulator Safe's efforts to simplify investment into the country seen as a further sign of renminbi liberalisation
Banks struggling with European reporting rules
Reporting infrastructure built to fulfil Dodd-Frank requirements will need to be revamped to meet Emir standards, say banks
Trading Places, May 27, 2013
BAML and Nomura build in sales, while technology firm Orc Group appoints a new president for its Americas operations
Final Sef rules raise more questions
Market surprised by change to swap execution facility rules, after final requirements were approved on May 16
Diversified portfolios exposed to correlation risk, experts warn
Politics is a greater driver of G-4 currencies than traditional economic fundamentals, say panellists at CME event
Hotspot reduces 'last look' response time by 100 milliseconds
Although the platform reports the cut has already had a positive effect, dealers working outside Hotspot's base in New York could experience latency issues
Bloomberg takes aim at Thomson Reuters Dealing
Bloomberg's chat-based FX trading tool, Instant Bloomberg Dealing, starting to rival Thomson Reuters' offering
‘No panic’ as Nikkei volatility spikes, dealers say
Traders say no sign of short volatility hedging after Nikkei 225 plunges
Emir futures margin rules create 'regulatory arbitrage'
Clearing house and commodity traders voice concerns about European firms going to US due to Emir CCP standards
Sucden Financial live with liquidity on tradable
Open-source front end trading platform adds to liquidity pool and enters agreement with software developer MT4i
CFTC misusing Dodd-Frank to expand its role, says CME's Duffy
CME chief accuses regulator of overreaching, as line-up of industry figures attacks Dodd-Frank rules
Saxo Bank launches online news service Saxo TV
Web-based TV channel aims to provide one-minute video analysis of market events
Tradenext hires head of trading
Online broker makes senior hire from rival broker GKFX
Banks beef up in real-money sales
Westpac sales head Corinna Wong joins Morgan Stanley, while Craig Weiner moves from JP Morgan to Standard Chartered