Trading
US and UK regulators strike deal to protect derivatives trading post-Brexit
Joint statement indicates ongoing co-operation, “whatever form” Brexit takes
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
Zimbabwe sets up interbank FX market with new dollar-pegged currency
Central bank governor pledges stability, but analyst says initiative is “cancerous”
USD/CNH futures trading hits record high in Singapore
Trade dispute-driven volatility sustains momentum as overall FX futures trading peaks
Esma renews ban on binaries once again
European regulator still sees risks for investors, can keep renewing as it likes
Cleared swaps grow 10 times faster than bilateral at HSBC
FX derivatives notionals rise $1.3 trillion (21%) to $7.6 trillion
Esma to recognise three UK clearing houses in no-deal Brexit
EU derivatives traders will gain unbroken access to UK CCPs, even with no withdrawal deal
How publishers are still falling short on Mifid II post-trade data
Four publishers yet to align post-trade data format with Q&A issued eight months ago
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
BNY Mellon opens Program Trading Desk in FX business reshuffle
Bank adds segregated execution desk to boost confidentiality for clients with high-level transactions
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
IG opens for online FX trading in US
Retail FX broker launches new subsidiary after navigating regulatory hurdles
Taendler to retire from Goldman Sachs after 20 years
Recently named a partner, Christopher Taendler helped grow the FX franchise across EM and developed markets
Liquidity the biggest hurdle for traders in 2019 – JP Morgan survey
E-trading poll of 200 institutional traders highlights impact of Mifid II
Hope fades for threshold hike in new IM rules
Smaller buy-side firms could still escape compliance burden via expected regulatory guidance
Dollar looks set to hold its own in 2019 – Informa Global
It’s a struggle to find sustainable alternatives to the greenback among G10 peers, FX fundamentals manager says
StanChart to pay $40 million for attempted FX manipulation
UK bank says it now has appropriate control framework in place
Yuan shines as UK FX turnover slips
Average daily London trading was lower in October, as were the tallies in New York and Singapore
HSBC adds Cheesman to sales team
New York-based Jonathan Cheesman worked in FX sales at Goldman Sachs
Provenzano joins Edgewater Markets
New York-based Sal Provenzano appointed managing director of e-FX sales
US banks’ Ficc revenues nosedive in Q4 2018
Biggest drops seen between third and fourth quarters last year
Johnson’s counsels press DoJ to clearly explain his crime
Lawyers plan to argue the US’s “ever-shifting” theories show prosecutors are unclear what crime he committed
HSBC settles millions of FX transactions with DLT
The bank is exploring using the technology to help corporates manage FX flows better
ECN volumes make significant gains in 2018
Trading platform FXSpotStream experiences the greatest increase