Trading
FastMatch to add cryptocurrencies to FX Tape
The venue plans to support trading of the asset class later this year
Ullrich returns to State Street
David Ullrich will lead North American sales for FX Connect
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
Blockchain-based tool offered by smartTrade
Clients will be able to subscribe to the new service and access it through an open API
Johnson’s sentencing delayed until March 8
Former HSBC senior banker can spend more time with family in the UK before returning to the US by March 1
Alves joins FlexTrade in senior FX role
FlexTrade is building up the leadership of its FX business as the buy side continues to adopt more automation
TCA will increase fragmentation, says Sinclair
Execution spreads across more secondary venues as algos seek platforms with least signalling risk, says white paper by MarketFactory
CFETS to upgrade FX platform
The trading venue will provide new cross-currency swaps for six currency pairs
BNP Paribas pleads guilty to FX price-fixing
French bank regrets the misconduct and will pay $90 million to resolve investigations into its currency trading practices
Sigelbaum joins TR to lead FXall
Jill Sigelbaum replaces John Cooley, who left Thomson Reuters in November
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%
FastMatch launches two new order types
The venue also makes changes to its system to improve market data rates
Taifex adds sterling and Aussie futures
The GBP/USD contracts will trade in sizes of 20,000 and the AUD/USD futures in clips of 25,000
RJ O’Brien closes FX business, effective immediately
The firm no longer finds the space strategically attractive
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
Best execution tops list of daily challenges – JP Morgan survey
The bank questioned more than 400 institutional investors about e-trading trends for 2018 in fixed-income and commodities markets
Bogucki plans to fight fraud charges in California
Former Barclays FX head returns ‘not guilty’ plea during arraignment at Brooklyn court
Shaffer joins StanChart’s FX options team
Eric Shaffer spent 13 years at Citi before making the move
TraderTools taps Abacus for cloud service
The venue gains the global scale and infrastructural expertise to expand ULN
McKinley joins Goldman Sachs in e-FX sales
Mike McKinley used to work in e-FX sales at HSBC
Thomson Reuters updates Mifid II services
Mifid II-compliant data now available from 57 global exchanges, and eight new trading and reporting venues
Cartel lawyers to argue for case dismissal on January 29
The legal representatives of Ashton, Ramchandani and Usher will ask a federal judge to throw out the case against the three men
FCA sees 'serious risk of harm' in CFD products
In a letter addressed to the chief executives of CFD providers and distributors, the UK watchdog highlighted several areas of concern
China reportedly tweaks yuan fix
Markets reacted by selling the yuan, which fell 0.5% against the US dollar to 6.5291 from 6.4968 on Tuesday – its biggest drop in two months