United States (US)
LCH brings automation to ForexClear
Firm collaborates with Genesis to automate exercise and options expiry
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
The EM units to watch as US and China make peace – Swissquote
Currencies such as the Thai baht, which trades heavily with China, should benefit from easing tensions
Seed CX adds new crypto pairs, lands ally in Asia
Institutional clients can now trade BCH/USD and LTC/USD, says Seed CX, which has partnered a Singapore fintech
LMAX reports 21% increase in trading volumes
Activity in New York and Asia reportedly boost activity across group’s exchanges
B2C2 enlists Wall Street veteran Catalanello to head US expansion
Crypto market-maker hires former New York Fed FX committee member to lead quest for growth in Americas
Where prosecutors stumbled in Bogucki and Cartel cases
Courtroom losses suggest failure to read the FX industry correctly before jumping into action
Refinitiv takes deal-tracking service into cloud
Cloud-based FX post-trade product provides data archiving, aimed at easing compliance and cost burdens
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
Hinds takes e-FX sales role at BGC Partners
Anja Hinds is covering G10 and emerging market FX options
Cobalt hires five execs for next stage of FX services push
FX professionals brought on board as Cobalt continues drive to oust legacy post-trade systems
US agencies move to protect swaps after week of Brexit chaos
Fed gives legacy swaps a margin break to help fend off risk of contractual limbo
Dollar strength remains a theme for 2019 – Rabobank
Almost by default, the greenback is likely to stay well supported when other currencies don’t look as attractive
Gilmore exits Citadel Securities after four years
FX market-making director Justin Gilmore was previously at Shift Forex
Giancarlo admits he might not finish Sef rules
CFTC chairman says his successor may have to finish regulation
Conlan joins Currency Mountain
Joe Conlan moved to the FX holding company in January
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
CME Group gets Dutch approval for Amsterdam entity
Some businesses will transition to CME Amsterdam BV to keep serving EU27 clients
RBC Capital Markets hires Neal as US head of Ficc
Michelle Neal to exit BNY Mellon, join Canadian bank in June
TraderTools hires Putz in sales
Andreas Putz joins FX liquidity aggregator from HC Tech
Torrey heads to Genesis in institutional sales
Dan Torrey joins the firm from Northern Trust
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
Robert Bogucki acquitted of fraud charges
Judge throws out case against former Barclays trader
Powell hints at $1trn goal for Fed balance sheet
Proposed reserves buffer is more than enough, Charles Goodhart says