Trading
MUFG eyes financial institutions, pension funds in expansion
Japanese bank wants to build a broader client base beyond corporates
Trading volumes fall on most ECNs in July
FXSpotstream bucked the trend with yet another year-on-year increase
BNPP launches hybrid NDF algos as electronic trading matures
Launch of BNP Paribas’s algos follows fast-growing demand for NDFs
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance
Caplin introduces cryptocurrencies on trading platform
Technology firm seeks to copy elements of FX trading while capturing crypto-specific features
LMAX to launch matching engine in Singapore
London-based firm is latest to join plans to transform the island into global risk centre
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
Gary Leung joins State Street Bank in FX trading
Leung moves from the Bank of China
UBS: last look is sticking around, but conversation evolving
Bank says transparent and open discussion can produce “mutual benefits going both ways”
Kurk joins Northern Trust as COO
Hire aims to capitalise on acquired technology and product capabilities
Debelle swings at ‘buyer beware’ disclosures in FX
‘They don’t give you free licence to do whatever you want,’ says new GFXC chair
trueEX to shut; deal done with crypto venue
Would-be disruptor will exit swaps business on July 19
Record builds synthetic FXPB offering
Specialist currency manager will use tri-party model to move securities collateral between banks
Lawmakers try to halt Facebook’s Libra over privacy and security fears
Swiss-based financial system potentially storing trillions of dollars could be target for hackers
360TGTX to unveil new NDF streaming to aid bank algos
Complementary offering set to go live next quarter
Quinif touches down at HSBC
Brian Quinif left Nomura as it downsized emerging markets FX team
E-FX specialists highlight algo limits
Algos and automation said to struggle in pricing complex macro events
Swiss regulator hunts for hints in Credit Suisse FX probe
Five banks fined, two acquitted as Comco closes market-rigging probes
StanChart to become third bank to set up Singapore pricing engine
UK bank’s e-FX pricing engine in 2020 could consolidate Singapore’s position as Asia’s FX centre
Credit Suisse adds Tretola and Osterman to FX team
Bank says recent hires signal ongoing investment in FX platform and strategic importance of markets franchise
Buy side said to target sell side with Code compliance
Two years in, buy-side participation remains low, as some cite barriers to the adoption of conduct principles
Court considers ‘Wild West’ practices in HSBC frontrunning case
Seeking to overturn Mark Johnson’s conviction, his attorneys argue he violated no laws or industry norms when trading on behalf of Cairn
FX surveillance gets personal in hunt for market abuse
Algorithms underpinning today’s platforms are learning traders’ habits – even their voice won’t escape detection
Curex to launch new market impact tool in June
Aims to give clients a deeper look at the impact of their trading