Trading
NDF nightmare: banks seek fix for benchmark ‘mess’
European firms face being barred from using three Asian fixings from 2020, raising concerns about legacy trades
Krueger joins Saxo from Barclays
Eric Krueger will take up newly created role of global head of client services
Thomson Reuters expands crypto sentiment data feed
Cryptocurrency sentiment package monitors more than 2,000 global news and 800 social media sites in real time
360T and FXall enter price-distribution deal
Banks using 360T’s price engine will be able to price FXall customers, as well as clients on the Deutsche Börse-owned venue
Active traders were stabilisers during FX shocks, says think-tank
The three largest currency moves of the past 20 years give insight into trading behaviour across segments, says JP Morgan Chase Institute
INTL FCStone rolls out e-platform for frontier units
Platform to streamline price discovery of exotic currencies through more electronic process
FX volumes rise in May
Trading platforms continue positive trend that started at the beginning of the year
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
Patrick Salis to replace Hodgkiss as AxiCorp CFO
Simon Hodgkiss becomes chief risk officer
EM structural strength in focus as dollar rallies, CIBC
But dollar gains could soon lose steam
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
G10 FX revenues hit two-year highs – Coalition
The first quarter of 2018 saw a reversal of revenue contraction seen in the last two years, with profits up 20%
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
BTIG adds Daly to FX team
Brendan Daly joins as a director
CLS profits down in 2017 as firm invests
Settled volumes continue to grow year-on-year and underlying profits are in line with expectations, Puth says
Thomson Reuters dives into crypto data
Real-time rates data feed covers bitcoin, ethereum, bitcoin cash and major currencies
DoJ indicts another FX trader on price-rigging charge
US says Akshay Aiyer conspired with other New York-based traders at rival banks to fix prices in Ceemea currencies
European banks face FX volatility on bail-in ratios
Use of funding in foreign currencies creates new risk, especially in non-eurozone countries
FX Cartel loses bid to dismiss criminal case
Judge says SFO investigation was a sign the currency traders could be prosecuted somewhere
Platform volumes dip in April, FastMatch breaks trend
As volatility dampens in April, FX volumes tick lower
Weller joins Saxo Bank as Mena chief
Steve Weller headed the FX business at Sberbank CIB before resigning and taking a break from the industry
360T hires three for senior FX roles
Randy Rupan, Robin Nicholas and Paul Lonsdale join the trading venue
Bogucki hearing scheduled for May 23
Defence lawyers are set to argue that the charge is time-barred and not applicable to this case
RBC fights £13 million whistleblower claim
Ex-trader John Banerjee is suing RBC for unfair dismissal and aims to claim whistleblower status