News
FX Connect platform gets a significant upgrade
State Street's revamps for interface and order tools lead in 2019 product overhaul
Watch for US-China thaw to give risk appetite a boost – Scotiabank
The bank expects a trade deal to be reached between China and the US
Galinov settles legal dispute with Euronext-owned FastMatch
Both sides remain silent and admit no liability or wrongdoing
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
Digital Vega hires ‘Benny’ Lewis, Romain Camus in product drive
New senior hires will head up interdealer and exotic FX options efforts
BNY Mellon opens Program Trading Desk in FX business reshuffle
Bank adds segregated execution desk to boost confidentiality for clients with high-level transactions
Yuan takes key international step on Myanmar move
Yuan and yen added as trade-settlement currencies, as dollar use falls
Kace Pro adds FX options streaming
Few multibank portals offer streaming of FX options that can be white-labelled to clients
Liquidnet names Brian Conroy as president
Conroy joins from Fidelity International
LiquidityFinder turns on liquidity matchmaking site
The website offers a consolidated view of liquidity providers for simple comparison
Citi and HSBC go live on Capitolis Novation as first prime brokers
The two banks have used the service extensively across their client base
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
IFRS 9 drives appetite for long-dated hedges in Asia
New accounting standard helps manage mark-to-market volatility of long-term trades
Goldman Sachs goes live with smart NDF algo
Initial trades have already taken place with the algo, which draws on internal and external liquidity
IG opens for online FX trading in US
Retail FX broker launches new subsidiary after navigating regulatory hurdles
SocGen shakes up group management amid cost cuts
Grégoire replaces Drouet as global markets head, while Mazaud takes charge of €500m cost-cutting plan
North American corporates lose $11bn on FX volatility
Almost six times as many companies reported currency headwinds in third quarter, FireApps analysis shows
Perkins promoted to lead FXPB as Citi shakes up prime
Christopher Perkins also runs the US bank’s OTC clearing business
EIB on why it’s the first supranational bank to sign up to Global Code
European Investment Bank adjusts processes to principles of Code, which is heading for its second anniversary
Taendler to retire from Goldman Sachs after 20 years
Recently named a partner, Christopher Taendler helped grow the FX franchise across EM and developed markets
Avelacom opens third point of presence in Tokyo
New PoP rounds out range of low-latency services in Japan amid expansion in Asia-Pacific
Jamaica uses social media to calm markets after FX intervention
Central bank's Wynter says FX volatility is nothing to worry about, but makes veiled warning
UBS wins go-ahead for €32bn Brexit swaps transfer
Part VII approval paves way for transfer of UBS's FX, rates and credit business to Frankfurt
Lebanese pound finds support in newfound political unity
As new government forms, investors are more willing to sell dollars and buy Lebanon’s currency