United States (US)
Bock takes sales role at CLS in New York
John Bock joins the settlement utility firm from Societe Generale, where he headed e-commerce FX for the Americas
Yount takes up sales role at Euronext FX
Kelly Yount brings more than a decade’s experience in sales, prime brokerage and management to the platform
US senator calls for hearings on Fed’s role in 2020 elections
Republican accuses former NY Fed chair Dudley of trying “sabotage” Trump’s trade talks
Monex: Fed can’t curb dollar strength
Only improvement in global growth will end the strong dollar dynamic
MUFG hires Paster in FX and derivatives risk management push
Paster’s newly created role aims to strengthen MUFG’s markets arm in Americas
Danske overhauls FX technology to rebuff Tier 1 competition in Nordics
Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates
MUFG eyes financial institutions, pension funds in expansion
Japanese bank wants to build a broader client base beyond corporates
Crédit Agricole nabs Chow as head of FX sales
Based in New York, Chow will focus on financial institutions in the Americas
Edgewater realigns key management in New York
Matthew Kassel replaces Jeff Johnson as chief operating officer
Tenengauzer heads markets strategy at BNY Mellon, Derrick to retire
Daniel Tenengauzer will lead the bank’s Aerial View market commentary platform and strategy efforts for BNY Mellon Markets
Seegers set to join Citadel Securities in e-FX sales
FX sales and trading specialist takes on new role next month
BCS Global appoints Richards as director of prime services sales
Andrew Richards will target small- to medium-sized hedge funds
US Treasury designates China a currency manipulator
Renminbi crosses barrier of seven yuan per US dollar amid growing trade tensions on August 5
Tradepoint’s passive triangulation algo for synthetic crosses
Product allows regional banks to show passive interest in non-existent pairs where there is no direct market
City Index: yuan to hit seven within a month
China’s yuan has not seen such levels for more than a decade, but trade war with US induces flirtation
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance
Citi taps Hoshino as head of FX in Japan
Bank moves to strengthen FX operations to serve corporate and institutional clients in region
US regulators applying outdated laws to crypto, hearing told
Congress also urged to open up Fed payment system if it wants to reach the unbanked
Baton hires Choussy as it eyes scale and client expansion
Choussy has been appointed president and chief operating officer
Vitale promoted to global head of FX markets at BNY Mellon
He replaces Adam Vos, who has been promoted to head of BNY Mellon Markets
CIBC: sterling on defence as Johnson becomes UK PM
Expect interest to sell sterling in short term as market remains on guard for possibility of no-deal Brexit
Caplin introduces cryptocurrencies on trading platform
Technology firm seeks to copy elements of FX trading while capturing crypto-specific features
Girolami to replace Pluves at LCH
Isabelle Girolami will start as LCH's chief executive on November 1
Sharma joins Tudor Investment Corporation
Nikhil Sharma started his career as an equity derivatives trader at Merrill Lynch in 2007