Europe
FCA: TCA ‘unlikely’ to fall under research
Third-party transaction cost analysis fees will be difficult to include in the spread if they do not count as research costs
EM strength to continue for now, says Swissquote
The region will continue to improve over the next six months, says Peter Rosenstreich at Swissquote
BoE to authorise EU CCPs ‘at 00:01’ on Brexit day
Central bank hopes plan to preserve access for EU CCPs will be reciprocated
Markets may be underpricing Brexit risk
‘We don’t see a situation where the UK is going to come out of this with a favourable deal’ – Mizuho currency strategist Sireen Harajli
Patrick Fleur to join Solid FX as chief executive
Dutch pension fund PGGM's former head of trading and execution takes on new role at the ECN on March 5
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
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
Dollar downtrend intact for now – City Index
Regardless of the US administration’s preference for a strong dollar, the greenback is set to maintain its downward trajectory until March
Integral expands market data service to 14 cryptocurrencies
Financial technology firm hopes to provide a more accurate reference price for major cryptocurrencies
Bundesbank to include renminbi in reserves
Onshore renminbi jumps to strongest level against the dollar for more than two years, following comment from Germany’s central bank
Hancox and Pena exit Morgan Stanley
Dudley Hancox and Andrew Pena were senior members of the bank’s FX sales team
FX hiring prospects to pick up in 2018, study says
Options Group expects many traders and sales people to move this year
Thomson Reuters updates Mifid II services
Mifid II-compliant data now available from 57 global exchanges, and eight new trading and reporting venues
FCA sees 'serious risk of harm' in CFD products
In a letter addressed to the chief executives of CFD providers and distributors, the UK watchdog highlighted several areas of concern
Bjurgert joins Jump Trading
Bo Bjurgert will be part of the NBLP's European business development team
Connors swaps FX Connect for Nex
Client acquisition and retention is key part of her responsibilities
Monex Europe: bearish dollar outlook continues
But analysts are looking out for potential upside risks in US rates and inflation
Mark Johnson to be sentenced on February 15
Johnson’s lawyers are asking the court to allow him to return temporarily to the UK before then
Esma proposes crackdown on CFDs and binary options
Esma considers ban on binary options and tighter leverage limit rules for contracts for difference
CLS hires Danino-Lewis and Scott
The infrastructure provider gears up to broaden its range of services
Markets underpricing impact of tax reform, says BAML
“I think the market is not appreciating the risk of growth,” says David Woo, head of global rates and FX
Nudel joins Societe Generale in FX sales
French bank is understood to be building out its FX sales team
SmartTrade opens Milan office as client base grows
The company has onboarded new clients in several places, including Germany, Italy, Japan, North America, South Africa and Switzerland
Lucera hires Van Zegveld to lead European growth
Frank Van Zegveld was previously head of sales and business development at Solid Trading