News
Atak to lead Citi's innovation lab in Dublin
Gulru Atak headed treasury and trade solutions at Citi Turkey
QE unwind to take three to four years – Chicago Fed's Evans
The normalisation of the Fed's balance sheet would need to be conducted in manner that could be easily digested by markets, Evans said at the ACI Financial Markets Congress in Dublin
Celer Tech hires Rob Wing as head of Americas and Emea sales
Wing exits TradAir, where he was head of sales for three years
Tolat loses CTO role at EBS, becomes senior adviser
After four years in the role and three years as global head of products
China FX reserves rise for a third straight month
PBoC figures show increase of $20.4 billion, resulting in the third consecutive monthly reading above $3 trillion
Cobalt signs Citadel Securities and XTX, and gears up for go-live
Distributed ledger technology firm hires support staff, suggesting launch is approaching
Cobalt hires three and opens New York office
Darbari joins as COO and head of US operations, Light leads product, and Nelson heads solution delivery and support
MarkitServ sees tenfold hike in NDF clearing volumes
The firm is in a test environment with FX options and believes they are a candidate for Q4
BNY Mellon looks to re-enter FX prime brokerage, say sources
FX Week understands the US custodian is set to step back into the sector, as Jason Vitale joins the firm
JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
360T launches ECN and announces new record volumes
Platform confirms launch of 360T ECN in April; hits all-time high on April 18 and sets record ADV
Pushack ditches JPM for Mandelzis
James Pushack has left JP Morgan's FXPB and clearing solutions sales team
European FXPB head resigns from Deutsche Bank
Mike Cooper stepped into the role in February 2016
Hotspot gears up for NDFs following forwards launch
Venue set to list NDFs on-Sef in the coming weeks, after completing the first anonymous outright forwards trade
Sucden Financial launches OTC options tool for FX
Broker partners SuperDerivatives to provide clients with pricing tool and independent data
Molly Duffy moves to Standard Chartered as head of sales
Duffy, who was previously at Credit Suisse, will also serve as co-head of financial markets in the Americas
INTL FCStone launches cross-border payments intelligence portal
Global Payments Network aims to give clients actionable news and analysis from local markets
John Gaudino trades Barclays for Citi
He will be a G10 spot trader in New York
Last look settlement fund could hit $1 billion in US
Class action filing service firm Battea says the fixing pot for claimants may reach $3bn and to expect more last look cases
FCA publishes final Priips rules
“In calculating costs associated with FX, the arrival price must reflect a reasonable estimate of the consolidated price" – FCA
Curry out; Noreika steps in as acting comptroller of the currency
Curry was sworn in as the 30th comptroller on April 9, 2012; lawyer with banking regulation experience replaces him
Ex-Blacktree founders launch TCA firm Tradefeedr
Balraj Bassi and Alexei Jiltsov who ran the Quantitative FX hedge fund for 6 years have now set up a FX analytics company
Fenics Market Data hires two in the US
Fitzpatrick and Machado will be based in New York
Greater adoption of TCA in FX expected – Greenwich Associates
Survey shows increasing use of algos and electronic venues will spur the development of transaction cost analysis