United States (US)
CLS: mitigating settlement risk is crucial as volatility rises in 2019
Geopolitical factors expected to drive markets this year
FireApps: digitalisation of financial markets will accelerate
Banks are no longer just talking about digitalising their business; they have allocated hundreds of millions to it, says Wolfgang Koester
Kx Systems: ‘fill or kill year’ for Global Code adoption
We need systems that can verify whether a firm is in compliance with acceptable market standards, says Richard Kiel
Northern Trust: tailoring algos to suit client needs
Interest in algorithms is growing across the FX industry
CNH contracts on SGX break daily record in November
November was third-highest trading month for USD/CNH since contract began trading on the exchange
Egger joins Jefferies in sales in New York
Shawn Egger moves from FX trading platform FastMatch
US will not argue fiduciary duty in Bogucki case
Judge orders the issue is irrelevant and the US cannot attempt to prove its case on that theory
Fed’s room to hike spells trouble for EMs – Scotiabank
Central banks’ interest rate tightening will make it hard for emerging markets with large deficits
Northern Trust acquires BEx to strengthen FX capabilities
Acquisition follows successful two-year relationship that led to distinctive currency solutions for the bank
Schmidpeter to head business development at Curex Group
He is promoted to senior managing director and head of global business development
Investors eye Mexico and Brazil amid hopes in regime change
They believe a projected weakening in the dollar will support emerging markets
Weston joins Capitolis
Kate Weston takes up New York-based sales and development role
Volatility will not deter central banks
FX Week Europe panellists think central banks may see return of volatility as healthy mechanism that causes investors to recalibrate expectations
Morgan Stanley invests $15 million in Integral
Cash injection enables Integral to pursue platform expansion across broader set of currency participants
Bloomberg adds real-time market data service to cloud
Its front-office solution, B-pipe, is available via Amazon Web Services
Shterenberg to lead G10 and EM e-FX trading at Barclays
Based in New York, Alex Shterenberg joins the bank from BAML
Dollar-positive factors may run out of steam in 2019, says Rabobank
Last week’s Apec meetings indicated it is too early to assume a breakthrough is near in US-China trade wars
Best Banks Awards: BMO Capital Markets
BMO Capital Markets has been voted the winner of the Bank for Canadian Dollar award at the 2018 FX Week Best Banks Awards
BoE appoints Morzaria to chair sterling working group
Tushar begins his tenure at the start of 2019, replacing François Jourdain
Next year's Fed hikes are mispriced, says RBC Capital Markets
Canadian bank expects US rates to continue rising as long as US growth persists
OTCXN launches crypto-trading venue for institutional clients
Clients have already begun executing trades in ether and bitcoin versus dollars
Bogucki asks court to bar argument on fiduciary duty at trial
Judge will hear the matter later this month, ahead of February trial
European FX lawsuit may follow soon, says source
Institutional investors filed a lawsuit in NY against 16 banks on November 7, which could be followed by European complaint
Dollar-supportive factors may fade soon, says Wells Fargo
Longer-term dollar weakness likely as Fed approaches neutral policy, but how soon will that be?