News
HSBC looks to AI to unearth data patterns around commercial activity
As DLT initiative brings forth more data, the bank is looking to improve services for corporate clients
Austria imposes permanent restrictions on CFDs, bans binary options
In making Esma’s curbs on CFDs lasting, the regulation follows action by the Netherlands and others
Nilim to head FX at Goldman Sachs Asset Management
Arnab Nilim moves to London for the job
Deutsche’s Yanagisawa set to join Goldman as Japan head of PB
Market sources say he will take on new role within next few months
SmartTrade selected for Asahi’s precious metals trading platform
SmartTrade will provide connectivity to markets, as well as pricing, distribution and post-trade management
Cboe FX unveils new relationship trading platform
Market participants can source top liquidity directly with no fees on Cboe FX Point
BBH’s former global head of e-FX trading sets up new firm
James Robertson founds Equitas Technology
Liu rejoins State Street as e-FX quant trader
Former Bank of America and Morgan Stanley trader took up Hong Kong-based role earlier this month
Swift announces trials with ECB instant payment system
Linking ‘Swift gpi’ to ECB’s Tips will greatly reduce settlement delays, consortium says
Crypto assets have little impact on monetary policy, says ECB team
Task force concludes crypto assets do not fulfil functions of money
BNY Mellon loses global head of FX options
Sam Osterman joined in January 2018 and ran the newly launched FX options business
Strong dollar weighing on trade, says BIS
Advanced-economy monetary policy may have made the problem worse
Citi revamps algos to improve sweep impact predictions
Bank works to make some aggressive strategies more intelligent when handling liquidity and filling orders
Tradepoint’s ‘all-you-can-eat’ pricing model challenges FX algo market
Fixed-fee for unlimited usage lets clients design algos or pick from existing ones that mimic established offerings
Freeston and Flowerdew regroup at DF Wealth Management
Former Currenex sales specialists set up business providing financial advice to UK-based private clients
Marsden becomes head of e-FX quant trading at NatWest Markets
Previously, he managed the e-FX Asia trading business in Singapore
Want to catch misbehaviour? Watch the electronic chat
“It’s amazing how many people have arguments on chat” – BNP surveillance executive
European Commission fines five banks €1.07 billion for FX rigging
Cartel members co-ordinated trading strategies and exchanged client information
Shortlist for 16th FX Week e-FX Awards announced
Winners will be recognised at event in New York on July 11
Genesis product aims to speed up time to market
Creative Studio provides capability to build and customise web-based solutions with minimal coding
Wallis promoted at Morgan Stanley, Hong Kong
New role follows 10 years in prime brokerage sales at the bank
Tsim joins Crédit Agricole in Hong Kong
Jim Tsim was previously an EMFX trader at State Street
Former astrophysicist to overhaul BNY Mellon macro strategy products
Brought in from State Street, John Arabadjis will also supervise the bank’s analytics team
Mario Draghi dismisses crypto assets
Head of European Central Bank warns of high risks