FX Markets - 13 Feb 2017
Articles in this issue
Stater Global Markets appoints new head of compliance
London-based David Dohmen will report to Ramy Soliman, chief executive of the prime-of-prime brokerage
Currency headwinds cost companies $11bn
North American firms report more losses than their European counterparts, but the amount is falling
Tippell flits from Swift to Droit
He will oversee the firm's business development in Europe
Nex appoints new TriOptima CEO as Sjöberg leaves
Co-founder exits after 17 years, to be replaced by Stuart Connolly, head of client product development
FXCM’s US story ends: no-dealing desk claims false
FXCM, Niv and Ahdout banned from CFTC registration, and also by the NFA, effectively closing the broker in the US
Evans takes post at UBS
She joins the bank from Citi's FX sales team
Deutsche FX traders move on
Navandar goes to BlueCrest while Lewer joins Nomura
FastMatch replaces Niv and Ahdout on its board
Their places are taken by Brian Friedman and Jimmy Hallac of Leucadia National Corporation
FX swap margin treatment uncertain ahead of VM deadline
With one month to go, market participants are still unsure how to treat foreign exchange derivatives
Effex used last look tactics to cheat FXCM clients, NFA states
NFA names Effex Capital as FXCM's preferential market-maker, which used 'hold timer' and 'previous quote' practices
Law firm starts recruiting clients for case against FXCM
Securities law firm calls for shareholders and those with information to get in touch
Hotspot hires two, promotes two in sales
Vickerman and Bowry join; Leit and Watras to lead sales in Europe and Apac, respectively
Forget Trump, 2017 is not the year of the dollar – Swissquote
The bank's head of strategy is not buying the Trump story and he's bullish on the euro
FXCM hit by two class action complaints
At least 14 law firms start investigating FXCM; CFTC order provides backbone for lawsuits