Trading
Portware hires Chris Sorensen as FX product manager
His appointment boosts the firm's expanding FX team, which provides global multi-asset execution for top asset managers
Markit rolls out FX trade-affirmation service
Banks can consolidate trade notifications from multiple interdealer brokers and validate transaction data at a central location before it is processed
Alpha generation and risk mitigation in currency markets
State-of-the-art technology solutions help to deliver a reliable ecosystem
Gain takes top spot on steady dollar call
Firm sees choppier trades ahead and Fed resuming hiking cycle this year
FXCM set for name change after new deal with Leucadia
Retail broker extends credit agreement with bail-out investor
European banks see full-year Ficc revenues rise
The majority of European banks saw rising Ficc revenues in 2015, but results for the fourth-quarter disappoint
CFH Clearing launches matching engine in TY3
The prime-of-prime provider aims to reduce latency and enhance execution by reducing the round trip between London and Tokyo by 200 milliseconds
Corporates must bridge internal gap to manage FX risks
With earnings battered by volatility, company treasurers and boards need to see eye to eye
Toland launches fintech start-up for fixed-income markets
TransFicc aims to assist in the migration of trading to electronic venues and adherence to regulation
Xignite aims to stabilise corporates' FX data sourcing
The data provider will supply FX rates to customers on Oracle Marketplace to enable more accurate global financial reporting
Rosenthal leaves Morgan Stanley
Former FX options trader is understood to be heading to Nomura
FX funds begin 2016 on a positive note
Parker FX Index meanders into positive territory in January
Dalton leaves Citi
Head of FX algorithmic execution is understood to be moving to National Australia Bank
NAB wins for third week running with close EUR/USD call
Australian bank comes top as the FX market focuses on monetary policy divergence and uncertainty over the UK's future
PBoC confirms Russian swap transactions
Central banks of China and Russia disclose "several currency swap trades" since October, but no details
Jerome and Eggleston launch technology start-up
Former Morgan Stanley managing directors set up TCA and analytics firm
RBA adds the Korean won to reserve portfolio
Australian central bank continues to unload euro holdings while introducing seventh reserve currency
Class-action lawyers to tap into Barclays' FX team knowledge
With the bank providing information to investors from people within the firm with the most knowledge of its last-look practice, plaintiff lawyers could access information it could have taken years of discovery to obtain
EBS BrokerTec set to move to 1ms data updates
The new FX market data feed is expected to reduce update intervals to 1ms and will become available in the summer
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
PBoC eases despite continued depreciation fears
China's central bank cuts reserve requirements amid intricate balancing act between buoying slowing growth, maintaining financial stability, and safeguarding the value of its currency
Rabobank wins with a close cable call
Jane Foley, senior currency strategist at Rabobank, sees political uncertainty over Brexit as the catalyst for more sterling volatility
Asset managers need better handle on costs, processes
Panellists highlight the challenges they face in the pursuit of best execution
Buy side takes control of execution as liquidity worsens
Risk warehousing ability isn't there any more, say large buy-side traders