Spot market
Lawyers in cartel case argue against antitrust accusations
Depending on the type of relationship, the Sherman Act may or may not apply
Cartel dismissal hearing postponed again
Originally scheduled for January 29, the court date was kicked back to February 14 and has now been postponed again until March 26
FX volumes rebound in London and New York
Semi-annual surveys of seven major central banks show FX activity in the US and UK rising by 7%
Goldman Sachs discloses max last look hold times in FX
Past behaviour may subject clients to a 200 millisecond hold period, as US bank tries to avoid losses
Bogucki plans to fight fraud charges in California
Former Barclays FX head returns ‘not guilty’ plea during arraignment at Brooklyn court
CIB revenues set to drop slightly in Asia – Coalition
Survey finds corporate and investment banking revenues are expected to be 4% lower in 2017 than the year before
CME launches analytics tool with Kalahari
Shows pricing of CME FX futures compared with OTC prices; can be broken down into spot, forwards and swaps
Banks reportedly preparing to settle EU FX probe
Barclays, Citigroup, HSBC, JP Morgan, RBS, UBS and two other institutions set to pay out billions of euros, according to Financial Times
CLS settled volumes rise 11% in September
Spot, forwards and swap volumes picked up pace compared with August and September last year
Fed fines HSBC $175m for unsafe FX practices
Bank ordered to improve practices
CME to launch spot FX basis spreads
The CME FX Link will create the first central limit order book between OTC spot FX and CME FX futures
StanChart hires Greiner for G10 trading
David Greiner recently worked at Nomura
Crawford is back at BNP Paribas
This time, Shaun Crawford is working in the New York office
JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
John Gaudino trades Barclays for Citi
He will be a G10 spot trader in New York
Spot volumes rise in March
Secondary venues see robust volumes; primary platforms also tick higher
EBS BrokerTec restructures; four management appointments
With a focus on seven core areas, the firm recruits Tim Cartledge as global head of FX and head of product
HSBC snags Citi’s chief dealer in New York
Brent Donnelly had been Citi’s chief dealer since March 2014
Businesses see spot FX volumes fall 42% in four years
Research by East & Partners shows a decline in contributions to the FX spot market, particularly from Australian firms
FX market activity shrinks for first time since 2001
The BIS's triennial survey of FX markets shows a headline figure of $5.1 trillion, down from $5.4 trillion in 2013
Difficult liquidity conditions are here to stay, say Asia conference panellists
Gapping moves in spot markets and higher prices for clients in FX derivatives are here to stay, as banks pull back from market-making in non-core currencies, panellists warn
New Zealand firms raise FX hedging amid elevated uncertainty
Survey shows an increase of more than 10% in FX forwards usage while micro-businesses are establishing hedging policies for the first time
Nasdaq eyes rolling spot to capture FX share
The US firm is the latest exchange to move into FX as it targets customers who do not take physical currency delivery