News
Solomon moves to MUFG in FX trading
Former Credit Agricole foreign exchange trader joined last month
Targui promoted to co-head role at UBS
Jefferies’ former head of FX Apac sales takes new post after four years at UBS
FSB report considers impact of decentralised financial technologies
Report warns of negatives of tokenisation
Kooltra plots broker entry with FX market technology
Fintech firm plans compliance, dealing and settlement automation solution for FX payments providers next year
Mexican currency under pressure over ratings downgrades
Fate of sovereign increasingly linked to struggling oil company Pemex
National Bank of Ukraine continues focus on CBDC
‘E-hryvnia’ pilot project completed in February
Tradepoint to roll out fixing algo
Trading tech firm plans to introduce in-house fixing algo, captured under its ‘all you can eat’ pricing structure
Gillespie joins Spotex in sales role
Based in London, Kevin Gillespie will target institutional and broker clients, besides banks
Manu Choudhary becomes new DMALink CEO
Former Lloyds banker joins one of the last independent FX ECNs
Three Asian central banks rebuff US claims of currency manipulation
Malaysia, Singapore and Vietnam respond to being placed on US Treasury watchlist
Swiss regulator hunts for hints in Credit Suisse FX probe
Five banks fined, two acquitted as Comco closes market-rigging probes
StanChart to become third bank to set up Singapore pricing engine
UK bank’s e-FX pricing engine in 2020 could consolidate Singapore’s position as Asia’s FX centre
Clearing to become cheaper alternative to PB for most clients
IDX panel says it’s doubtful FX will ever see a clearing mandate
Colombian central bank suspends reserves accumulation
Board wants to assess impact of higher reserves on peso’s exchange rate
Riksbank opens procurement for development of e-krona
Central bank intends to commission platform for electronic central bank payments in 2020
Tradepoint hires e-trading professional Dias-Patel from JP Morgan
Several more appointments planned to support expansion of new London office
Itarle to open New York office, co-locate at CME
Swiss best execution and TCA provider set to open NY office and co-locate with CME
Credit Suisse adds Tretola and Osterman to FX team
Bank says recent hires signal ongoing investment in FX platform and strategic importance of markets franchise
CloudMargin taps TriOptima’s Connolly for CEO
Stuart Connolly, who served as TriOptima group CEO since 2017, will take over from Steve Husk
Sharma promoted at Nomura
Saurabh Sharma joined the bank nine years ago, and was a vice-president responsible for e-FX distribution in Asia
Former TradAir CEO founds Neural Engines
Virat Tolat was CTO at Integral for 19 years earlier in his career
Paul Lonsdale retires from 360T
Liquidity manager spent nine years at Lucid Markets, one of the world’s first non-bank market-makers
Zimbabwe reaches IMF agreement to deal with currency crisis
‘RTGS dollar’ will be supported by advice from IMF programme
Tandon joins Barclays’ EM options team
Options expert joins from BofA Securities where he traded EM products