Exchange
Barracuda FX: technology spend will drive innovation in FX
A lot of technology spend in 2019 will focus on upgrading outdated processes, increasingly driven by the FX Global Code’s principles
Flow Traders to provide liquidity for Eurex FX futures
The move is central to the firm’s intention to become a leading FX non-bank market-maker
ABN Amro to clear Eurex FX derivatives
These include classic exchange-traded futures and options, as well as rolling spot
Avelacom adds new point of presence at TY3
This delivers the lowest latency capabilities between London and Tokyo
GFXC to publish disclosures, cover-and-deal findings
Global Foreign Exchange Committee holds two-day meeting in Paris on November 29-30
OTCXN launches crypto-trading venue for institutional clients
Clients have already begun executing trades in ether and bitcoin versus dollars
Outstanding OTC FX derivatives notional at all-time high – BIS
Clearing of FX contracts and gross market value of over-the-counter FX rises in H1 2018
CME to retire Nex, revives EBS as sub-brand
The deal between the two firms will go ahead after full regulatory approval in all jurisdictions
BSO connects to Mexico
Mexico City is the latest point of presence in the provider’s expanding connectivity network in emerging markets
OTCXN partners Prime Trust
Prime Trust will serve as a third-party custodian for trading entities and exchanges using OTCXN technology
Gain Capital chooses Eventus for market surveillance
The broker will use the technology provider’s Validus platform to monitor trading in its futures business
Nex Exchange secures additional funds
Chief executive Patrick Birley will step down as part of the deal
Consolidated feeds cost industry $1.4bn a year, survey finds
Despite the growth of direct data connections, spending on consolidated feeds is set to rise, Greenwich Associates finds
Focus shifts to plumbing as crypto markets mature
Panellists at the 14th annual FX Week Asia conference say the institutionalisation of crypto markets is gaining momentum
CME shifts FX options expirations in step with OTC
Latest move by exchange to make FX offering more harmonised and engaged with over-the-counter space
LCH and Moscow Exchange sign up to Code
The clearing house and exchange pledge to abide by the FX Global Code’s principles when conducting business
Yu-Jer Sheu takes over as Taifex chair
He was Taiwan’s finance minister between May 2016 and July 2018
SGX is launching FX futures solution
New feature lets market participants trade customisable FX futures contracts in an OTC fashion
FX lawsuits: the roundup
The number of cases related to conduct in foreign exchange markets has multiplied. Here is our handy guide to developments so far
HKEx appoints Laura Cha as chairman of board
Cha will be the first woman to lead the board of the Hong Kong Exchange
Blanchard switches ANZ for Crédit Agricole
Dominique Blanchard has joined Crédit Agricole as the regional head of the global markets division for Asia-Pacific
Irons joins State Street as head of sales for global exchange
Richard Irons brings more than 30 years’ experience in financial services and technology
Elysium partners Cryptalgo for cryptocurrency trading solutions
The firms introduce the solution to financial institutions as interest in digital currencies rises
Cboe creates markets division to leverage talent pool
Andy Lowenthal and Bryan Harkins will run the new division