News
Malhotra returns to Barclays in Singapore
The e-FX specialist comes back to the UK bank after more than seven years at UBS
Leung joins State Street algo team
Mary Leung moves to the bank from Deutsche Bank
CNH contracts on SGX break daily record in November
November was third-highest trading month for USD/CNH since contract began trading on the exchange
FX swaps to avoid year-end basis blowout, banks say
Earlier rollovers likely to ensure no repeat of previous cross-currency volatility
Flow Traders to provide liquidity for Eurex FX futures
The move is central to the firm’s intention to become a leading FX non-bank market-maker
Egger joins Jefferies in sales in New York
Shawn Egger moves from FX trading platform FastMatch
2018: mergers, name changes and having one’s day in court
Mergers and acquisitions were popular reads on FX Week in 2018, along with coverage of US FX-related court cases
Kuroda defends BoJ’s asset purchases
Central bank could face problems when it unloads ETFs, former senior official warns
US will not argue fiduciary duty in Bogucki case
Judge orders the issue is irrelevant and the US cannot attempt to prove its case on that theory
WM/Reuters Thai baht benchmarks to be sourced from Matching Clob
The baht benchmarks are now based on trade data rather than indicative rates
FCA mulls restrictions on CFDs
The restrictions are fundamentally similar to those imposed by Esma earlier this year, but would have permanent effect
Beaudry becomes new Bank of Canada deputy governor
Paul Beaudry joins the central bank’s governing council
Nomura promotes William Sajko
He has worked in e-FX trading at the bank for seven years
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
Asset managers hope for common FX tape
Monitoring and ensuring liquidity providers adhere to their own disclosure is difficult, but must be done
Schmidpeter to head business development at Curex Group
He is promoted to senior managing director and head of global business development
Clapham and Pennell trade Mirexa for Coex
Both men move within TP Icap’s institutional services division in London
ABN Amro to clear Eurex FX derivatives
These include classic exchange-traded futures and options, as well as rolling spot
Investors eye Mexico and Brazil amid hopes in regime change
They believe a projected weakening in the dollar will support emerging markets
Avelacom adds new point of presence at TY3
This delivers the lowest latency capabilities between London and Tokyo
Weston joins Capitolis
Kate Weston takes up New York-based sales and development role
Crypto markets need big bank financing and credit
Acquiring backing of a bank with a sizeable balance is more important than custodial services at this stage, says crypto market-maker
GFXC to publish disclosures, cover-and-deal findings
Global Foreign Exchange Committee holds two-day meeting in Paris on November 29-30
Two banks sign up for ForexClear compression
New service brings greater capital and operational efficiency to FX market participants