Trading
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?
Virtu Financial to acquire ITG for $1bn
Cash deal comes little over a month since reports of potential merger
Jump: inside the secretive e-trading giant
Execs at the Chicago prop firm wish the whole world was a Clob, but as bilateral volumes rise, they've decided to go with the flow
Refinitiv expands in Mena, launches sentiment feed in Japan
Clients can access range of markets in Middle East and North Africa
BCS Global hires five senior analysts
Firm begins expanding analytical coverage to central Asia and Caucasus
XTX Markets goes for Paris as European hub
Liquidity provider applies to French regulator for authorisation
US banks’ Ficc earnings drop in Q3
Only Citi managed growth versus second quarter and Q3 2017
Advanced Markets launches London operation
Nina Baksh will lead the London office for the FCA-regulated firm
Fix participation shifted after scandal, says FCA
Lengthening the benchmark window in 2015 made manipulation less likely, but the fix price is harder to obtain
MarketFactory partners Elysium
MarketFactory's API Whisperer integrates with Elysium and its cloud-based enterprise solution, Mission Control
Jurors begin deciding fate of FX Cartel
UK nationals face 10 years in prison if convicted of alleged price-rigging
‘You can’t game the fix,’ jurors hear in FX Cartel trial
Melvin says if the three traders wanted to game the fix, they couldn’t have chosen a worse time because the market is too liquid then
HC Tech recruits Puma and Powers
Richard Puma joins as COO and Eric Powers as head of infrastructure
FX Cartel defence seeks mistrial after Gardiner’s testimony
Counsels claim “highly prejudicial” line of questioning from US has created “irreparable prejudice”
Gardiner faces cross-examination
Defence uses data and audio calls to show the accused men traded independently – piercing holes in Gardiner’s testimony
Barclays hires two for Asian NDF trading team
Bengco and Parameswaran join the bank in Singapore
Gardiner: FX Cartel had ‘gentlemen’s agreement’
Matthew Gardiner, a co-operating witness for the government, says the group co-ordinated trades for profit
Calpers did not notice price discrepancies in FX Cartel case
“If I had, I would’ve said something earlier,” managing investment director tells court
Cartel trial kicks off with ‘billions of dollars’ claim
US prosecutors say the three former traders crossed the line and got an unfair advantage
Exegy promotes Anderson, hires Faulkner
The firm promotes Robert Anderson and adds John Faulkner to London sales team
Barclays gives Specs to FX participants
The client portal originally launched for equities in 2015 is now available for foreign exchange
BayernLB is first Landesbank to commit to FX Code
Munich-based regional bank’s move pushes number of signed-up participants closer to 500 mark
Quick to distribute Fenics’ Kace products in Japan
The agreement enables Quick to offer an integrated solution to clients
Expert testimony resolved in Cartel case
Judge threatens to strike expert testimony if both sides go beyond their recent agreement