News
CLS volumes dip in March, but it’s a record Q1
The settlement utility records average daily volumes of $1.87 trillion for Q1 2018
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
Mark Yallop joins OpenFin
He is appointed as a non-executive board director
Trump accuses China and Russia of currency devaluation
US president’s comment contradicts findings of his Treasury department’s recent report
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
More than 100 participants commit to FX Global Code
Global Foreign Exchange Committee plans to launch Global Index of Registers before June meeting
Exegy launches FX market data and order-entry solution
Trade Port FX allows market participants to organise FX market access through a single vendor
Millennium Global partners ACI on Global Code adherence
Currency manager links up with trade association ACI FMA to train its team on the principles
Johnson's attorneys seek home confinement
US digs in heels over prison term; family and friends say former trader’s punishment began at his arrest
BoJ prepares to link settlement system with Hong Kong
The connection will provide a new pathway for Japanese banks to obtain Hong Kong dollars and cut the exchange-rate cost
Calypso taps Bouillard as chief executive
Didier Bouillard joins from Ullink
JP Morgan invests in AccessFintech
The risk management services firm, led by Roy Saadon, will work with the bank to test its technology
Saleh joins ADS Securities to run Mena retail FX sales
Nael Saleh joins from GKFX where he was director of operations for Mena
Ross Thalheimer exits 360T
He worked at the company for about five years
FX volumes dip in March
But trading activity on most platforms remains strong year on year
CloudMargin secures $10m to fund growth
Provider of collateral and margin management deepens relationship with IHS Markit
China's FX reserves rise in March
The $8.3bn increase is a slight turnaround from February’s decline
Fortex Technologies hires Hendrix
Victor Hendrix will create and lead its newest division, XCloud, a global server grid providing trading infrastructure as a service
StanChart considers adding two members to FX team
It is understood the bank is looking at Haskins from HSBC and Tretola from Nomura
Gain Capital expands cryptocurrency offering
Customers can trade the digital coin against the euro, pound and Australian dollar
ADS Securities adds more cryptocurrencies to Orex platform
The firm reduces spreads on bitcoin and ethereum to lower clients’ trading costs
Elysium partners Cryptalgo for cryptocurrency trading solutions
The firms introduce the solution to financial institutions as interest in digital currencies rises
Deutsche Bank commits to FX Global Code
The latest top FX dealer to support the principles aimed at improving standards in currency markets