Germany
Eurex to debut NDF clearing after mothballing physical FX
Bourse hoping to scoop up EU clients trading on 360T, eyes September non-cleared margining deadline
Ulrich Bindseil on the launch of the digital euro
The ECB’s director-general for market infrastructure and payments speaks about the functionality, tiering approaches, privacy policies, ledger technology and ecosystem impact of the eurozone's planned CBDC
El-Erian on Covid-19 policy risks and ‘zombie’ markets
Former Pimco chief says Fed move into high yield is a step too far, new rules needed on leverage and false liquidity, and narrow window emerges for central banks to shed some of their policy load
Schmidt heads Emea EMFX and rates trading at Credit Agricole
Markus Schmidt was formerly head of financial markets trading at Bankhaus Lampe in Germany
Gölitz joins SocGen Securities Services
Klaus Gölitz moves from FX sales and trading role at State Street
Euro to languish as Germany's economy struggles – CMC Markets
Pan-European currency to maintain its slide even as Fed hits pause
Kuppe becomes adviser to 360T’s executive board
Mathew Kuppe has worked in various capacities at the trading platform since co-founding it in 2000
UBS wins go-ahead for €32bn Brexit swaps transfer
Part VII approval paves way for transfer of UBS's FX, rates and credit business to Frankfurt
BayernLB is first Landesbank to commit to FX Code
Munich-based regional bank’s move pushes number of signed-up participants closer to 500 mark
Germany or Brazil most likely to win World Cup – UBS
A report, ‘Investing and football’ from UBS Wealth Management’s chief investment office, assesses team prospects at the tournament
FX under one umbrella – the Kölzer plan
Carlo Kölzer, 360T’s chief and Deutsche Börse’s head of FX, tells FX Week about his plans and ambitions for the venue
360T buys GTX
The move will expand 360T’s footprint in the liquidity provider-to-liquidity provider space and financial institutions segment
M&G selects 360T for FX
The UK investment manager has chosen 360T as its workflow technology provider for FX order handling and execution
Currency movements helped US and Latam investors in 2017
A new report from Natixis shows a weaker dollar helped investors outperform their European peers
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
Esma proposes crackdown on CFDs and binary options
Esma considers ban on binary options and tighter leverage limit rules for contracts for difference
Berner joins LBBW in sales
Steffen Berner was formerly Emea head of FX sales at ED&F Man
BayernLB selects smartTrade’s FX platform
The German bank will use LiquidityFX to meet its connectivity, aggregation, pricing, execution and risk management needs
US Treasury declines to brand China a currency manipulator
In its second report on FX policies since Donald Trump took office, the US Treasury only criticises China, despite campaign promise
Bafin toughens rules on CFDs
New directive for August 10 requires implementation of negative balance protection for CFD products in Germany
FlexTrade opens Frankfurt office
Brexit and the firm's strategy of establishing a local presence motivates the decision