Trading
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
Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
Colt partners NPL on timestamping
Mifid II requires that reportable events are traceable to coordinated universal time
Kamrath joins crypto-tech company Rubicon
Ray Kamrath was previously the global head of FX at Jefferies
Former Wells Fargo FX trading head sues for wrongful termination
Simon Fowles claims he was fired days before he intended to alert regulators of a payment-incentive plan that fostered greed
Irons joins State Street as head of sales for global exchange
Richard Irons brings more than 30 years’ experience in financial services and technology
FX veterans launch Global Code consultancy
Nick Downes and Julian Gladwin form Axiom Global Advisors to independently assess firms’ preparedness for adherence
CLS volumes dip in March, but it’s a record Q1
The settlement utility records average daily volumes of $1.87 trillion for Q1 2018
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
More than 100 participants commit to FX Global Code
Global Foreign Exchange Committee plans to launch Global Index of Registers before June meeting
Exegy launches FX market data and order-entry solution
Trade Port FX allows market participants to organise FX market access through a single vendor
Johnson's attorneys seek home confinement
US digs in heels over prison term; family and friends say former trader’s punishment began at his arrest
FX volumes dip in March
But trading activity on most platforms remains strong year on year
Fortex Technologies hires Hendrix
Victor Hendrix will create and lead its newest division, XCloud, a global server grid providing trading infrastructure as a service
Gain Capital expands cryptocurrency offering
Customers can trade the digital coin against the euro, pound and Australian dollar
ADS Securities adds more cryptocurrencies to Orex platform
The firm reduces spreads on bitcoin and ethereum to lower clients’ trading costs
US seeks seven-year minimum prison term for Mark Johnson
Defence disputes whether Cairn Energy suffered a loss as a result of Johnson’s misconduct
Stater Global Markets broadens trading venue choice
Clients can now access liquidity from Cboe and FastMatch
Mitsui & Co begins settling trades through CLS
It is the first Japanese corporate to join the service via third-party access