News
Guilty verdict returned in Johnson case
Jury finds Mark Johnson guilty of conspiracy and eight counts of wire fraud
Platform capacity issues raise liquidity concerns
Liquidity providers concerned that ECNs are struggling to cope with amount of data going through venues
'End this nightmare,' says Johnson's defence
In his closing arguments, defence attorney John Wing tells jurors the prosecution failed to show evidence to support their claims
Baton joins Nex Infinity as first third-party provider
High-speed payments firm offers its service on the Infinity platform
EU and US regulators agree on margin equivalence
As the regulators take a common approach, Mifid II-regulated venues look set to be exempt from Sef registration requirements
Prosecutor alleges ‘bonanza of lies’ in closing argument
Prosecuting attorney says Mark Johnson used his superior knowledge to take advantage of Cairn Energy
SGX launches US presence in Chicago
Asian exchange opens US operation to build on extension of offshore trading hours on SGX in late 2016
Hotspot rebrands as Cboe FX
As its parent company becomes Cboe Global Markets, following CBOE’s acquisition of Bats Global Markets
Bank of China HK signs up for Thomson Reuters FX Trading
FXall and Electronic Trading are now available on Thomson Reuters’ desktop platform, created in 2015
Earthport partners Broadridge to host FX and cash-management processing
Broadridge FXL erases many manual processes, boosting scalability
BBVA and Bancomer deploy DLT-based FX matching pilot
Launch follows successful proof-of-concept in collaboration with Calypso Technology and R3
Johnson under cross-examination
Prosecution attorneys argue HSBC went beyond its executing bank role when it advised Cairn on order execution
Knott leaves Nex Group
Global chief operating officer Ken Pigaga will replace Jenny Knott
IBM to launch blockchain-based payment solution
Initially available in the Pacific region for KlickEx clients, IBM plans to expands the network across the globe in 2018
SGX sees 75% of listed CNH futures volume, Lam says
Singapore Exchange boasts 200% growth year-on-year in renminbi in August; hits two consecutive records for Indian rupee in September
CLS settled volumes rise 11% in September
Spot, forwards and swap volumes picked up pace compared with August and September last year
‘Gus thinks we’re buying 6.5bn’ – Johnson trial
Mark Johnson’s trial reveals how HSBC faced significant difficulties with the Cairn order as other banks knew of the deal and tried to benefit from the information
Global Reach Partners appoints Mike Buckland as IT director
He will take responsibility for the management of the firm’s technology department and report to its CEO Mark Smith-Halvorsen
ADS promotes Chow to head Apac business development
Matt Chow joined ADS Securities in 2012 as a senior vice-president
Ed Monaghan to retire from RBC
The global head of FX at RBC Capital Market is set to retire from the bank where he spent 25 years, with Sian Hurrell taking over his role
Reilly becomes global head of Currenex, Newns promoted
Global head of FX sales and trading at Cantor Fitzgerald for over three years, Reilly is now the global head of Currenex
Judge allows Rodgers’ ‘Russian name’ analysis into case
Judge does about-turn and allows Rodgers – whose $1,100 hourly fee riles prosecution – to enter his findings in court
Johnson: ‘It was fair all around’
Embattled former trader says execution of Cairn Energy order produced better than expected outcome
Infante joins Goldman Sachs in New York
Gabriel Infante previously worked at Citi for more than seven years