Trading
Tradebook's Klausen joins FastMatch
Soren Klausen will be director of sales for Europe, working with asset managers, CTAs and hedge funds
Don't expect any Fed rate hikes this year, says BNP Paribas
The French bank expects the US dollar to give back some of its recent gains
Liquidity woes are curbing FX growth
Difficulties in accessing alternative liquidity pools and the rising cost of trading are creating unexploited opportunities
Quants: carry and value will work for next six months
Less volatile market conditions look favourable for these strategies
Five-year wait for Wall Street's adoption of blockchain
Distributed ledger technology will transform the financial industry, but not for another three to five years
FX risk worries grow for US pension funds
Currency risks have risen on the list of priorities for pension funds amid fears of future negative cashflow
Icap buys hedge fund analytics platform
An investor in Enso Financial Analytics since 2013, the interdealer broker aims to broaden its fintech presence
LatAm investors urged to watch FX exposure
Fitch Ratings says currency volatility increases risk for infrastructure projects
Thomson Reuters to roll out randomisation in June
TR Matching set to launch latency floor almost three years after initial client consultations
Standard Bank South Africa partners TradAir
The South African lender will deploy TradAir's eFX platform to boost its market-making capabilities in USD/ZAR
R5FX goes live in Singapore
Trading begins on the platform, following authorisation from the Monetary Authority of Singapore
Pragma algo to exploit unusually predictable fix trading patterns
Five-minute fixing window created highly readable patterns
Citi's Hamilton heads to FastMatch
Former vice-president of eFX at Citi takes up sales director role
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
Dollar may weaken as Fed stays less hawkish
The softness of the US currency may only be near term, as ongoing policy divergence could lead to some gains later
Lawyers take FX fight to StanChart subsidiary
After a US judge says she lacks jurisdiction over the parent firm named in the class-action suit, lawyers reload for new target
Saxo Payments offers corporate access to real-time FX trading
Banking Circle Real-time FX promises to eliminate the need to turn to banks for foreign exchange trading or payments
Sell-side shift creates opening for OMS vendors
With the buy side moving in a multi-asset direction, sell-side firms are tailoring their desks to meet new demand. Broker-dealers now want their order-management systems to do more
Retail FX hots up in Australia as traders' risk appetite grows
Volatility in 2015 boosts retail activity, but traders prove fickle with platforms
Eagle and Holmes launch agency broker Aquila Markets
Firm will focus on providing high-quality coverage and execution services for FX
Brexit will threaten London's FX dominance – survey
Poll of foreign exchange professionals shows 80% believe the UK will vote to stay in the EU
Thomson Reuters buys full control of WM/R
The firm now owns State Street Corp subsidiary The World Markets Company and with it the FX benchmark
Gain's GTX ECN unveils binary data protocols
Clients using the ECN's new GTTP protocol can receive data faster at lower latencies
Sterling to head lower as Brexit looms
With three months to go, volatility in sterling is set to rise as uncertainty remains pivotal, says CIBC head of G10 FX strategy