FX Markets - 17 Oct 2016
Articles in this issue
Wilson joins Exegy's senior sales team
Scott Wilson will target electronic currency markets as the firm places greater focus on FX
Bjurgert leaves Virtu
Bo Bjurgert's exit comes shortly after the departure of John Shay
Scotiabank joins board of GFMA global FX division
GFXD also appoints JP Morgan's Claudia Jury and Nomura's Nigel Khakoo as chair and vice-chair
Asset managers lead the charge for voluntary clearing
Voluntary clearing volumes jump 80% as non-cleared margin rules take effect
Currenex launches X2 platform
Institutional venue boosts traders' performance and efficiency, while helping to keep markets resilient in times of stress
Renminbi in SDR basket will end dollar overreliance – PBoC's Jin
IMF move will trigger a reallocation of assets onshore and offshore, says PBoC representative at the HSBC China Forum
Sterling set for a bumpy ride as Brexit uncertainty persists
Strategists say this could push the pound lower towards parity with the euro
Heard anything about the sterling move?
Senior participants are still in the dark regarding last week's slide – a highly unusual situation in the gossipy FX market
Giancarlo urges regulators to examine risk from capital rules
CFTC commissioner says regulators cannot avoid the issue of whether capital removed from markets harms the global system
Icap acquires Abide Financial
The regulatory reporting specialist will become part of Icap's post-trade risk and information division
Blockchain adoption by banks at least six years away
Banks are holding back due to regulatory uncertainty and lack of in-house expertise, research by Six Securities Services finds
Vogel opts for Societe Generale in London
He returns to options trading in the city after five years in Singapore
Shah will join Citi from Capula to run its yen book in London
After more than four years on the buy side, Dipak Shah returns to bank market-making
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Thomson Reuters launches FX Clob in Nigeria
FX provider says the move will enhance market liquidity and shows its commitment to the region's growth
No replay of 2015 dollar bull run, says UBS
Market movements, however, will be dictated by forward monetary policy signals from the Fed and ECB
Traiana builds out PB kill-switch network and credit tool
As prime brokers seek more control, Traiana gets set to launch a dynamic credit-allocation product