News
Managers selective on EM in event of Fed policy mistake
Instead of investing in the whole complex, managers prefer emerging economies with a strong balance sheet
Dollar downturn will push investors abroad, panel says
International markets back in vogue as dollar enters bearish cycle and overseas peers raise rates
Randal Quarles nominated to Fed’s top supervision role
Donald Trump’s pick for vice-chair of supervision viewed as a moderate figure, but critical of Dodd-Frank Act
Malaysian central bank strengthens onshore hedging
Bank Negara is complementing last year's NDF restrictions with a more open onshore market
Williams to head CitiFX Wire
Aerin has worked at the newswire since its launch in 2010
CLS and Traiana expand aggregation to non-CLS currencies
The service now includes offshore Chinese renminbi, Russian ruble, Turkish lira and Polish zloty
ADS appoints Baggioli as COO
He takes on dotted-line management responsibility for the London and Hong Kong subsidiaries as a board director
Winners of the 14th FX Week e-FX Awards are revealed
The annual e-FX Awards recognise innovation and excellence in foreign exchange markets
ECB: bulk of euro trading will stay in London after Brexit
In its annual review of the single currency, the central bank says any shift from the UK to the EU will be gradual
Nex Optimisation launches automated credit-rebalancing tool
Rebalancer, developed in partnership with Citi, enables dynamic allocation of credit across ECNs
CFTC to boost resources to study HFT impact
Acting CFTC chief hopes to get better analytics to discover the effects of high-frequency trading on the market
Esma warns it may intervene to regulate CFDs and retail products
Two years since Esma set up a task force to supervise risky products such as CFDs, rolling spot FX and binary options
Nex Optimisation rolls out settlement-netting service
The industry gains the first fully automated settlement-netting offering for over-the-counter FX
Platform operators step up surveillance after FX Global Code
FX Week-hosted webinar focusing on surveillance finds the Code’s message is filtering through
Renminbi's share of payments rises slightly in May
China’s currency regains position as sixth most used currency for global payments in May, with 1.61% share – Swift data
Hong Kong launches fintech association
The independent group aims to be the voice of the financial technology community in the territory
BoE warns of potential disruption to clearing business for EU firms
Fragmentation of market-based finance could result in greater costs and risk for European Union and UK companies
Li and Lombardi join Credit Agricole CIB
The bank makes two senior hires in its global markets research division in New York
TriReduce hits $1 quadrillion in swaps compressions
Demand has been high as banks seek to lower exposures
Fritschi joins Banca IMI in London
Remo Fritschi previously worked at ADS Securities in the institutional sales team
Caxton launches multicurrency account for SMEs
The new service provides access to 34 currencies with a single IBAN number
CME looks to launch FX options clearing in Q4
Following regulatory approval, the exchange looks to start dealer-to-dealer clearing in Q4 and client clearing in 2018
EBS hires D’Souza for India
Jaison D’Souza joins from FXall and will report to Patrick Nagel, global head of buy-side sales
Louisa Kwok to exit ADS Securities
The broker's head of PB sales and product decides to leave less than a year after joining