EBS
TY11 has potential to host e-FX matching engines in Tokyo
Success of new Equinix data centre could hinge on use of cloud due to close proximity of providers
Trading volumes fall on most ECNs in July
FXSpotstream bucked the trend with yet another year-on-year increase
BNPP launches hybrid NDF algos as electronic trading matures
Launch of BNP Paribas’s algos follows fast-growing demand for NDFs
Itarle to open New York office, co-locate at CME
Swiss best execution and TCA provider set to open NY office and co-locate with CME
Former TradAir CEO founds Neural Engines
Virat Tolat was CTO at Integral for 19 years earlier in his career
FXPBs over-allocating credit to algo and high-speed trading
Thinly capitalised trading firms are an accident waiting to happen while dealings on multiple venues make credit limits hard to set, claim market participants
Spot volumes on ECNs nosedive to multi-year lows in April
Volatility reaches levels not seen since 2014
ECN volumes slide in becalmed FX markets
Subdued volatility appears to be weighing on trading activity
EBS to turn on API streaming for Quant Analytics
Service will cover outbound analytics when it launches later this year, but should add inbound later
CME Group gets Dutch approval for Amsterdam entity
Some businesses will transition to CME Amsterdam BV to keep serving EU27 clients
Quah moves to BidFX
Caroline Quah started her career at Bloomberg in 2011
Torrey heads to Genesis in institutional sales
Dan Torrey joins the firm from Northern Trust
FastMatch hires David Lyons
Lyons spent 20 years at RBS
Weston joins Capitolis
Kate Weston takes up New York-based sales and development role
Best Banks Awards: EBS
EBS wins the Best Broker for Spot FX category at the 2018 FX Week Best Banks Awards
FX trading emerging markets – An Asia‑Pacific power shift
EBS examines the increase in uptake of its EBS Market platform – which was voted best emerging market FX trading platform in the FX Week Asia Awards 2018 – in Asia‑Pacific, and how this reflects a growing interest in currencies in the region.
Jurors begin deciding fate of FX Cartel
UK nationals face 10 years in prison if convicted of alleged price-rigging
‘You can’t game the fix,’ jurors hear in FX Cartel trial
Melvin says if the three traders wanted to game the fix, they couldn’t have chosen a worse time because the market is too liquid then
Timmons set for UK return
Laurence Timmons is due to finish his two-year secondment to Asia and head back to London
FX Cartel defence seeks mistrial after Gardiner’s testimony
Counsels claim “highly prejudicial” line of questioning from US has created “irreparable prejudice”
Expert testimony resolved in Cartel case
Judge threatens to strike expert testimony if both sides go beyond their recent agreement
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Bria joins LiquidityEdge as COO
Andy Bria joins LiquidityEdge, founded by ex-Icap chief David Rutter and headed by Nichola Hunter
Cartel lawyers zoom in on government witness
They claim their clients are entitled to understand precisely what the government did to mitigate such risks for its witness