News
Moon joins TJM
James Moon will be based at the broker’s London office
Antitrust claims deadline extended to May 16
Investors seeking to receive part of the $2bn-plus settlement have two more months to file a claim as the deadline is pushed back from March 22
RJ O'Brien hires Patimova in London
Elena Patimova joins RJO from London Metal Exchange
Judge grants Bogucki’s case dismissal hearing
Robert Bogucki's lawyers will argue the US abused a transnational document request to extend the statute of limitations
Thomson Reuters launches bitcoin sentiment data feed
The tool appears in a new version of the firm’s MarketPsych Indices to assist trading and risk management
European banks see Ficc revenues slip in 2017
In contrast to robust trading activity in 2016, Ficc trading fell across the board
Hardingham joins State Street
David Hardingham joins the US bank in London as a forwards trader
US court rules cryptocurrencies are commodities
Asserting the CFTC’s jurisdiction, the ruling clears the way for the agency to bring its fraud case
China’s FX reserves drop for first time in 13 months
PBoC figures show $27bn decrease from a month earlier, driven by exchange rate movements
Record commits to FX Global Code
The firm is one of the few on the buy side to have signed up to the code of conduct
Soren Haagensen joins smartTrade
He joins as a sales director for the Americas
Kristin Zekis leaves FX sales role at Citi
Zekis joined the bank as a director of FX sales and trading in 2016
CLS to launch reporting tool for members
FX settlement utility gives members extra fields in end-of-day reports to help with reporting requirements
Capitolis secures $20m in extra funding
Led by former Traiana and EBS BrokerTec CEO Gil Mandelzis, Capitolis seeks to offer products that overcome capital market inefficiencies
Johnson’s sentencing pushed back to April 2
Mark Johnson is allowed to stay in the UK with his family until March 26
Mark Carney: crypto is not the future of money
The Bank of England governor says cryptocurrencies are unreliable and provide poor short-term value
Fed’s Powell expects strong US growth
Robust labour market likely to support income and consumer spending rises, Fed chair says
Wood trades Edgewater for Mirexa
Wood is a veteran EM currency specialist who began his career at Standard Bank in South Africa
Apac investment bank revenues at five-year low
Australasia was the best performing region across Apac in 2017, with Ficc and equities revenues remaining stable
TCA costs up to 12% of tech budgets – Greenwich
A survey of buy-side equity trading desks shows 86% use TCA, which can make up 12% of their technology budget
Bogucki lawyers call FX case a ‘well-disguised sham’
Defence says prosecutors misused international document request to extend statute of limitations
NatWest Markets commits to FX Global Code
The bank becomes the ninth dealer listed on the public register of adherence maintained by CLS
FCA: TCA ‘unlikely’ to fall under research
Third-party transaction cost analysis fees will be difficult to include in the spread if they do not count as research costs
RBC Capital Markets: all e-FX trades subject to last look
The bank commits to FX Global Code of Conduct and publishes Ficc client notice