News
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
Scanlan opts for TD Securities role
Tim Scanlan joins the Canadian bank’s EM sales team in London
Darryl Hooker sets up Harperdan Consulting
Former co-head of EBS Brokertec Markets advises on emerging markets, disruptive sales and FX Global Code
Offshore renminbi futures set new record at SGX
Number of USD/CNH contracts traded on May 10 rose sixfold in a week
Industry pushes back on Citi’s FXPB cost claims
Rivals question apex brokerage’s calls for executing brokers to make up mispricing shortfalls caused by incoming rules
US-China trade war: market complacent in underpricing ‘no deal’
Options or swaps said to still be cheap to hedge if tensions persist
Spot volumes on ECNs nosedive to multi-year lows in April
Volatility reaches levels not seen since 2014
Vogel leaves SocGen, goes to buy side
After two decades as a bank FX options trader, Will Vogel moves to asset management space
TraderTools to allow banks to white-label forwards and swaps
Firm gears up to give regional banks an algo suite in coming weeks to help market-making abilities
Venezuela to adopt more flexible exchange rate
Liberalisation and US sanctions on oil industry likely to boost inflation, say analysts
SocGen promotes two as it restructures
Sylvain Cartier heads to Paris as head of fixed income and currencies
Record boosts presence in North America
Specialist currency manager bolsters on-the-ground presence as it eyes market opportunities in region
Declan Clements sets up FinFX Consulting
Standard Chartered veteran was formerly Dubai-based head of financial markets e-commerce
Seed CX partners TradAir for OTC trade settlement
Tie-up enables TradAir customers to leverage services of Zero Hash subsidiary
Former Nex exec Wren rejoins Spencer at IPGL
Move follows CME cutting several senior staff at electronic trading arm
Fintech firm joins wholesale FX competition
FX startups are attempting to undercut incumbents with better technology and new features
Carstens says EMEs right to intervene, but must be ‘rigorous’
BIS “expending a great deal of analytical effort” in understanding the issue, he says
Amari joins Sucden Financial in e-FX sales
Former analyst moves to the firm from Parabellum Markets
Avelacom establishes point of presence in Thailand
Second connectivity centre established by the provider in Asia this year
European Ficc earnings bounce back in Q1, FX subdued
Nearly all banks saw quarterly Ficc income rise in double digits on increased client activity
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
Gupta promoted to head e-FX trading, Apac at NatWest Markets
Formerly of RBS and Banc of America Securities, Sudeep Gupta also worked at NatWest for three years