News
Alves joins FlexTrade in senior FX role
FlexTrade is building up the leadership of its FX business as the buy side continues to adopt more automation
Fluent adds two services to FX suite
Firm combines post-trade, at-trade credit, kill-switch APIs and pre-trade risk management on one platform
CFETS to upgrade FX platform
The trading venue will provide new cross-currency swaps for six currency pairs
BNP Paribas pleads guilty to FX price-fixing
French bank regrets the misconduct and will pay $90 million to resolve investigations into its currency trading practices
Bank of Japan commits to FX Global Code
Central bank signs formal statement of commitment to principles of good behaviour
Nex’s Cartledge: we’re not asking anyone to pay in advance
EBS Direct to raise brokerage fees following analytics suite launch and single-ticket execution upgrade
Blackstone and Thomson Reuters sign $20 billion deal
Private equity company Blackstone will acquire 55% stake in Thomson Reuters’ F&R business, including FX platforms and market data
Millennium to lose Lisa Scott-Smith
The co-head of portfolio investments and currency team manager at Millennium Global is set to leave in early March
Sigelbaum joins TR to lead FXall
Jill Sigelbaum replaces John Cooley, who left Thomson Reuters in November
Ross to head treasury at Saxo Bank
Ulrik Ross will replace outgoing Henrik Andersen who takes a seat on KommuneKredit’s board
FX Connect to offer BestX analytics
The platform’s key client base is the core audience for FX TCA
Darren Coote joins Cobalt
FX veteran becomes an adviser and investor at the pre- and post-trade processing company
Integral expands market data service to 14 cryptocurrencies
Financial technology firm hopes to provide a more accurate reference price for major cryptocurrencies
Cartel trial postponed until October
In the past two months, US attorneys have provided 2.2 million additional records, totalling 21.4 million pages, to the defence
FX volumes rebound in London and New York
Semi-annual surveys of seven major central banks show FX activity in the US and UK rising by 7%
FastMatch launches two new order types
The venue also makes changes to its system to improve market data rates
Taifex adds sterling and Aussie futures
The GBP/USD contracts will trade in sizes of 20,000 and the AUD/USD futures in clips of 25,000
Jyske Bank opts for Barracuda's Order Hub
Danish bank chooses the order-management technology to streamline FX operations
Goldman Sachs discloses max last look hold times in FX
Past behaviour may subject clients to a 200 millisecond hold period, as US bank tries to avoid losses
Mesirow commits to FX Global Code
Currency managers sign formal statement of commitment to the principles of good behaviour
RJ O’Brien closes FX business, effective immediately
The firm no longer finds the space strategically attractive
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
Geller to lead FX at Capitolis
Illit Geller, co-founder of TradAir, joins Mandelzis start-up
Best execution tops list of daily challenges – JP Morgan survey
The bank questioned more than 400 institutional investors about e-trading trends for 2018 in fixed-income and commodities markets