News
Khan joins UBS in New York
He returns to the US after having spent several years at Goldman Sachs in London
China’s FX reserves unexpectedly rose in July
Total reserves stockpile increases by $5.82 billion as the central bank stays on the sidelines
Fischer to head BNPP’s global markets for Asia-Pacific
Fischer had been the head of global markets for Europe, Middle East and Africa since 2015
New Chinese FX crackdown to hit corporate hedging
Despite new reserve requirement, dealers say ‘maturity’ in risk management is here to stay
GFXC to focus on ‘customised outreach’ to buy side
In its first review, GFXC finds FX Global Code is generally accepted, but more can be done to increase adoption
Thomson Reuters deepens investment in crypto data
The firm's new partnership with CryptoCompare reveals insights into the data giant's crypto strategy
Funda Bor joins Solid FX
Bor moves to Solid FX from ABN Amro’s prime brokerage business
CME shifts FX options expirations in step with OTC
Latest move by exchange to make FX offering more harmonised and engaged with over-the-counter space
CLS to create DLT cross-asset app platform
The firm ventures beyond FX to cater for the financial sector as a whole
Intl FCStone set for yearly payments of $1bn in Brazil
Exotic markets payments provider says volumes are up threefold since obtaining a banking licence in the country
Curex appoints Richard Daniels as managing director
Daniels reports directly to chief executive James Singleton
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
CFH Clearing expands Asia offering
The integration of the technology enables CFH to provide local liquidity to its clients in Asia
CLS onboards Japanese funds
Japan-domiciled funds gain access to settlement through CLS as third-party participants for first time
Cobalt goes live on BT Radianz
With this latest development, the firm is bringing the FX post-trade world to a new level
Bogucki’s defence fights for dismissal again
Defence says there was no fiduciary relationship because each party understood they were acting in their own interest
Scott wins extradition appeal
Stuart Scott wins extradition appeal as the October 2017 verdict is overturned
Record’s Wood-Collins: more disclosures needed
The UK-based currency manager’s chief says some asset managers appear to use only one counterparty for FX trading
BNY Mellon adds Velis to FX strategy team
John Velis joins the bank from State Street
ACI to file amicus brief for Mark Johnson appeal
Traders’ association believes lower court decision could spook banks, hike costs for transacting fixings and hit liquidity
SGX reports record FX volumes
The exchange prints new records in USD/CNH volumes, surpassing the $3 billion threshold on June 27
US dealers see Q2 Ficc revenues dip
While second-quarter revenues did not match the performance of earlier this year, they were higher than in Q2 2017
Thomson Reuters to rename Financial & Risk business Refinitiv
The standalone firm will continue to focus on trading platforms, data and market infrastructure provision
Barclays names Fabio Madar as global head of G10 FX
James Hassett moves into newly created role in emerging markets